PFP Practical Applications Certificate Program

Overview

A practical and engaging learning experience that navigates the regulatory environment of personal financial planning, explores standards and responsibilities, and applies fundamental concepts.

Highlights

Key Topics

• Personal financial planning standards and responsibilities
• Regulatory and fiduciary landscape
• The personal financial planning process and data gathering
• Assumptions, time value of money, and cash management strategies
• Personal financial planning in practice

Prerequisites

Financial planning knowledge

Designed For

Who Will Benefit

• CPAs, financial planners, and qualified professionals with basic knowledge of, and interest in, personal financial planning
• CPAs seeking the PFS credential

Objectives

Learning Outcomes

• Identify the principles set out in the AICPA Code of Professional Conduct.
• Apply Statement on Standards in Personal Financial Planning Services No. 1.
• Determine how fiduciary practices apply to personal financial planning.
• Identify the steps that make up the personal financial planning process and the key elements of these steps.
• Determine the various assumptions used in personal financial planning decisions.
• Determine an appropriate personal financial plan based on client information, financial facts, and personal goals.