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30 - FNB - Finance and Banking


FNB 160 - Certified Financial Planner (CFP) Certificate Preparation

Code Start Date Duration Venue
FNB 160 15 August 2022 10 Days Istanbul Registration Form Link
FNB 160 10 October 2022 10 Days Istanbul Registration Form Link
FNB 160 05 December 2022 10 Days Istanbul Registration Form Link
Please contact us for fees

 

Course Description

Certified Financial Planner (CFP) can help create and maintain a financial plan. A CFP might start by determining a company's financial goals and discussing its current financial situation and appetite for risk. A CFP can also advise on everything from choosing specific investments, saving for a down payment on a home and planning for retirement. This program provides participants with a strong option for entering the financial planning field.

This is a course preparation for certification exam/procedure. The fee doesn't include exam fee. The exam date and application should be done by participant(s) themselves. Please contact us for details and further clarification.

Course Objectives

  • Understand the principles of investment planning 
  • Learn about risk management and insurance planning 
  • Discuss professional conduct and regulation
  • Adopt effective strategies for debt management 

Who Should Attend?

  • Accountants 
  • Financial Planners 

Course Details/Schedule

Day 1

  • Professional conduct and regulation
  • CFP Board's Code of Ethics and Standards of Conduct
  • CFP Board’s Procedural Rules
  • Function, purpose, and general structure of financial institutions
  • Financial services regulations and requirements
  • Consumer protection laws
  • Fiduciary standard and application

Day 2

  • General principles of financial planning
  • Financial planning process
  • Financial statements
  • Cash flow management
  • Financing strategies and debt management
  • Economic concepts

Day 3

  • Time value of money concepts and calculations
  • Education needs analysis
  • Education savings vehicles
  • Education funding
  • Gift/income tax strategies

Day 4

  • Risk management and insurance planning
  • Principles of risk and insurance
  • Analysis and evaluation of risk exposures
  • Health insurance and health care cost management 
  • Disability income insurance 
  • Long-term care insurance and long-term case planning
  • Qualified and Non-Qualified Annuities

Day 5

  • Life insurance (individual and group)
  • Business owner insurance solutions
  • Insurance needs analysis
  • Insurance policy and company selection

Day 6

  • Investment planning
  • Characteristics, uses and taxation of investment vehicles
  • Types of investment risk
  • Market cycles
  • Quantitative investment concepts and measures of investment returns
  • Asset allocation and portfolio diversification
  • Bond and stock valuation concepts
  • Portfolio development and analysis
  • Investment strategies
  • Alternative investments and liquidity risk

Day 7

  • Tax planning
  • Fundamental and current tax law
  • Income tax fundamentals and calculations
  • Characteristics and income taxation of business entities
  • Income taxation of trusts and estates
  • Tax reduction/management techniques
  • Tax consequences of property transactions
  • Tax implications of special circumstances
  • Charitable/philanthropic contributions and deductions

Day 8

  • Retirement savings and income planning
  • Retirement needs analysis
  • Social Security and Medicare planning
  • Eldercare and special needs planning
  • Types of retirement plans
  • Qualified plan rules and options
  • Non-qualified plan rules and options
  • Key factors affecting plan selection for businesses
  • Distribution rules and taxation
  • Retirement income and distribution strategies
  • Business succession planning

Day 9

  • Estate planning
  • Property titling and beneficiary designations
  • Strategies to transfer property
  • Estate and incapacity planning documents
  • Gift, estate, and GST tax compliance and calculation
  • Sources for estate liquidity
  • Types, features, and taxation of trusts
  • Marital deduction
  • Intra-family and other business transfer techniques
  • Postmortem estate planning techniques
  • Planning for divorce, unmarried couples and other special circumstances
  • Planning for special needs and circumstances

Day 10

  • Psychology of financial planning
  • Client and planner attitudes, values, biases
  • Behavioral finance
  • Sources of money conflict
  • Principles of counseling
  • General principles of effective communication
  • Crisis events with severe consequences