This course provides an overview of the financial planning process and the economic and legal environments in which it takes place, the time value of money, analysis of financial statements, and the code of ethics and professional responsibility to which practitioners must adhere.
Objectives: Upon completion, students are able to:
- Perform time value of money calculations by understanding the underlying concepts and utilizing technology
- Demonstrate an understanding of the inter-relatedness of insurance, investments, retirement planning, income tax, and estate planning in the financial planning process and how the changing economic environment affects that process
- Identify and quantify debt management and education planning objectives as well as overall financial objectives of a client through evaluation of financial statements and other data. Assess deficiencies, recommend corrections, and develop and maintain a financial plan
- Articulate the code of ethics and professional responsibility to which practitioners must adhere plus the Financial Planning Practice Standards employed during each step of the Financial Planning process
Applies Towards the Following Certificates
- Certified Financial Planner™ (CFP®) Certification Education Program : Certified Financial Planner™ (CFP®)