Fundamentals of financial planning

This course includes content related to Foundations of Business and Financial Planning Basics. It focuses on the time value of money, accounting, statistics, and economics, and provides a broad look at the entire financial planning process.

Course Outline:

  • Introduction, Course Overview, 6-step financial planning process; Code of Ethics
  • Introduction to the Financial Planning Process
  • Life Cycle Planning
  • Time Value of Money
  • Personal Financial Statements and Budgeting
  • Emergency Fund Planning
  • Credit and Debt Management
  • Buying vs. Leasing
  • Educational Funding
  • Financial Planning for Monetary Settlements and Special Circumstances
  • Code of Ethics and Practice Standards
  • Boards’ Disciplinary Rules and Procedures

Course Outcome:

  • Identify Ethics and Fundamentals of Financial Planning
  • Analyze Money & Debt Management Principles
  • Describe the Canadian Tax System and Tax Planning
  • Differentiate various Risk Management Products and services
  • Describe the various elements of Investment Planning
  • Classify the basics of Retirement & Education Planning