CPE: 3 hours
Category: Specialized Knowledge & Applications
Prerequisites: Basic knowledge of the areas of personal financial planning (PFP).
Advanced prep: None
Who should attend: Financial planners preparing for the PFS exam or who need a refresher on PFP skills
This is an introductory session to the personal financial planning process. It reviews methods of gathering client data and instructions on how to work with clients to set goals.
Participants will learn how to process and analyze information, construct personal financial statements, and understand a written comprehensive financial plan. Additionally, it will review fiduciary practices, AICPA’s Professional Standards, including the Statement on Standards in PFP Services, and the role of the CPA/PFS as a trusted personal advisor.