Mobile Edition

Personal Financial Statements (4172483C)

Date:Monday, December 11, 2017
Time:9:30 AM - 5:00 PM
(Registration at 9:00 AM)
Facility:Webcast or Webinar, Online
CPE Credit:8.0 Technical Business
Instructor: Alisa L. Hunt
Vendor:California CPA Education Foundation
Course Level:Basic
Early Bird Price:$245.00 FICPA Members, $365.00 Non-Members


Personal financial planning nicely complements the traditional tax and accounting services that many CPAs provide to clients. Explore the benefits of helping clients with their personal financial planning needs including using statements for clients, their creditors and other advisers. Become a valuable resource to clients by guiding them through the maze of available financial opportunities and helping them understand the tax consequences of their choices.

  • Identify the usefulness of personal financial statements for clients, creditors and other advisers.
  • Determine how to uncover the fair market value of a client's assets and liabilities.
  • Identify reporting responsibilities.

Major Topics:
  • GAAP for personal financial statements (SOP No. 82-1).
  • AICPA guide to compiling and reviewing personal financial statements.
  • Checklists for preparing and analyzing personal financial statements.
  • Application of SSARS No.1 to personal financial statement engagements.
  • Personal financial statements included on prescribed forms (SSARS No. 3).
  • Reporting on financial statements included in written personal financial plans (SSARS No. 6).
  • Using personal financial statements in financial planning and retirement planning.

Who Should Attend:

CPAs and finance professionals who work with clients on the development, analysis and other aspects of personal financial statements planning and issues.


Advanced Preparation:


If listed below, select the appropriate sessions or options to continue with your purchase.

Registration Status: CLOSED - Online registration for this course is now closed. Please contact the Member Service Center at (800) 342-3197 if you wish to inquire about registering.