CONTINUING EDUCATION FOR TAX & FINANCIAL PROFESSIONALS

Personal Financial Planning for Accountants

Icon_Self-Study
Self-Study
Icon_Level
Overview
Credits
CPE Credits
17 Credits: Finance

Course Description

Personal Financial Planning for Accountants is a comprehensive course on personal finance. What is more important to the “average person”’ than making sure their finances are secure using proper planning and money management?  This course includes all the major areas in personal financial planning – planning your personal finances, managing your personal finances, making your purchase decisions, insuring your resources, investing your financial resources, and controlling your financial future.  Topics covered include time value calculations, budgeting, career planning, banking, insurance, home buying, consumer credit and money management, investment planning, retirement planning, and estate planning.

Learning Objectives

Upon successful completion of this course, participants will be able to:

Chapter 1

  • Recognize the personal financial planning process.
  • Identify the objectives and key areas of personal financial planning.
  • Recognize how the stages in life affect financial planning.
  • Recognize how inflation and other economic factors affect financial planning

Chapter 2

  • Identify how the time-value of money affects financial decisions.
  • Recognize the importance of future value tables.
  • Recognize how to use different rules in financial decision making.

Chapter 3

  • Recognize the balance sheet (net worth statement) for personal net worth.
  • Identify the reasons for budgeting.

Chapter 4

  • Recognize career paths motivation.
  • Identify job benefit options.
  • Identify some of the work-at-home benefits.

Chapter 5

  • Calculate how much money savings required for a college education.
  • Identify ways to finance college education.
  • Identify sources of financial aid.
  • Recognize Federal government programs.

Chapter 6

  • Recognize risk and assess the risk-return trade-off.
  • Recognize different investment vehicles and outline their risk-return characteristics.
  • Identify the different types of risk and ways to reduce overall risk.

Chapter 7

  • Identify attributes of different short-terms investment vehicles.
  • Identify different banking tools available.
  • Recognize some of the banking regulations to help protect accounts.

Chapter 8

  • Recognize the different factors of credit ratings and FICO scores.
  • Recognize various debt management strategies and debt/equity ratios.
  • Identify aspects of bankruptcy law.

Chapter 9

  • Identify ways to save living costs.
  • Recognize leasing decisions and rules.

Chapter 10

  • Recognize factors in whether to buy or rent a home, and the different cost factors for housing and home financing.

Chapter 11

  • Identify the types of risk that need to be protected.
  • Identify a variety of life insurance policies and organizations.
  • Recognize medical and health insurance coverage attributes, and different policy attributes for property insurance.

Chapter 12

  • Identify investment strategies and sources of investment money.
  • Recognize the different risk factors for investments.

Chapter 13

  • Identify the types of common stock and stock valuation methods using some practical approaches.
  • Recognize ways to measure market-risk.

Chapter 14

  • Identify the terms and features of bonds, and the types of bonds and methods for selecting bonds.
  • Calculate yield (effective rate of return) on a bond.
  • Recognize differences between bonds and preferred stock and identify other fixed-income securities.
  • Identify the pros and cons of investing in real estate and the types of real estate investments.
  • Recognize factors to be considered regarding a real estate investment.
  • Recognize indirect real estate vehicles such as real estate investment trusts (REITs) and limited partnerships.

Chapter 15

  • Recognize the attributes and types of mutual funds and ETFs.

Chapter 16

  • Identify different types of retirement options.
  • Recognize the steps to be taken for retirement planning.
  • Recognize alternative options for meeting retirement financial requirements.
  • Identify the objectives of estate planning.
  • Recognize the purpose of different legal documents.

Course Specifics

Course ID
3218057
Original Release Date
November 12, 2021
Number of Pages
401
Prerequisites

Basic Math.

Advanced Preparation

None

Compliance information

NASBA Provider Number: 103220

Course Instructor

Delta CPE LLC Headshot
Delta CPE LLC

For many years, Delta CPE LLC has offered a wide variety of continuing education courses for financial professionals. Topics covered by Delta’s courses include accounting, financial management, budgeting, investments, financial statement reporting, business management, IFRS, ethics, valuations, real estate, and business writing. The diversity and breadth of Delta’s course offerings make the company a prolific and unique contributor to the CPE world. Delta’s well-credentialed authors and contributors have also been published in numerous academic and professional journals and quoted by some of the leading financial media outlets.

Personal Financial Planning for Accountants

Expert Instructors
Format
CPE CREDITS
17 Credits: Finance

$391.00$431.00

Clear
Icon_Self-Study
Self-Study
Icon_Level
Overview
Credits
CPE Credits
17 Credits: Finance

Course Description

Personal Financial Planning for Accountants is a comprehensive course on personal finance. What is more important to the “average person”’ than making sure their finances are secure using proper planning and money management?  This course includes all the major areas in personal financial planning – planning your personal finances, managing your personal finances, making your purchase decisions, insuring your resources, investing your financial resources, and controlling your financial future.  Topics covered include time value calculations, budgeting, career planning, banking, insurance, home buying, consumer credit and money management, investment planning, retirement planning, and estate planning.

Learning Objectives

Upon successful completion of this course, participants will be able to:

Chapter 1

  • Recognize the personal financial planning process.
  • Identify the objectives and key areas of personal financial planning.
  • Recognize how the stages in life affect financial planning.
  • Recognize how inflation and other economic factors affect financial planning

Chapter 2

  • Identify how the time-value of money affects financial decisions.
  • Recognize the importance of future value tables.
  • Recognize how to use different rules in financial decision making.

Chapter 3

  • Recognize the balance sheet (net worth statement) for personal net worth.
  • Identify the reasons for budgeting.

Chapter 4

  • Recognize career paths motivation.
  • Identify job benefit options.
  • Identify some of the work-at-home benefits.

Chapter 5

  • Calculate how much money savings required for a college education.
  • Identify ways to finance college education.
  • Identify sources of financial aid.
  • Recognize Federal government programs.

Chapter 6

  • Recognize risk and assess the risk-return trade-off.
  • Recognize different investment vehicles and outline their risk-return characteristics.
  • Identify the different types of risk and ways to reduce overall risk.

Chapter 7

  • Identify attributes of different short-terms investment vehicles.
  • Identify different banking tools available.
  • Recognize some of the banking regulations to help protect accounts.

Chapter 8

  • Recognize the different factors of credit ratings and FICO scores.
  • Recognize various debt management strategies and debt/equity ratios.
  • Identify aspects of bankruptcy law.

Chapter 9

  • Identify ways to save living costs.
  • Recognize leasing decisions and rules.

Chapter 10

  • Recognize factors in whether to buy or rent a home, and the different cost factors for housing and home financing.

Chapter 11

  • Identify the types of risk that need to be protected.
  • Identify a variety of life insurance policies and organizations.
  • Recognize medical and health insurance coverage attributes, and different policy attributes for property insurance.

Chapter 12

  • Identify investment strategies and sources of investment money.
  • Recognize the different risk factors for investments.

Chapter 13

  • Identify the types of common stock and stock valuation methods using some practical approaches.
  • Recognize ways to measure market-risk.

Chapter 14

  • Identify the terms and features of bonds, and the types of bonds and methods for selecting bonds.
  • Calculate yield (effective rate of return) on a bond.
  • Recognize differences between bonds and preferred stock and identify other fixed-income securities.
  • Identify the pros and cons of investing in real estate and the types of real estate investments.
  • Recognize factors to be considered regarding a real estate investment.
  • Recognize indirect real estate vehicles such as real estate investment trusts (REITs) and limited partnerships.

Chapter 15

  • Recognize the attributes and types of mutual funds and ETFs.

Chapter 16

  • Identify different types of retirement options.
  • Recognize the steps to be taken for retirement planning.
  • Recognize alternative options for meeting retirement financial requirements.
  • Identify the objectives of estate planning.
  • Recognize the purpose of different legal documents.

Course Specifics

Course ID
3218057
Original Release Date
November 12, 2021
Number of Pages
401
Prerequisites

Basic Math.

Advanced Preparation

None

Compliance information

NASBA Provider Number: 103220

Course Instructor

Delta CPE LLC Headshot
Delta CPE LLC

For many years, Delta CPE LLC has offered a wide variety of continuing education courses for financial professionals. Topics covered by Delta’s courses include accounting, financial management, budgeting, investments, financial statement reporting, business management, IFRS, ethics, valuations, real estate, and business writing. The diversity and breadth of Delta’s course offerings make the company a prolific and unique contributor to the CPE world. Delta’s well-credentialed authors and contributors have also been published in numerous academic and professional journals and quoted by some of the leading financial media outlets.

Personal Financial Planning for Accountants

Expert Instructors
Format
CPE CREDITS
17 Credits: Finance

$391.00$431.00

Clear