This course is designed for practitioners who are involved in personal financial statement preparation engagements and personal financial planning and individuals who desire to become or remain financially self-sufficient.
Learning Objectives
Learning objectives include:
- Be familiar with common roadblocks to becoming financially self-sufficient
- Be familiar with the structure of a "management" personal financial statement
- Be familiar with common mistakes in HIPAA Medical Disclosure Documents, Living Wills, Medical Durable Power of Attorneys, Financial Durable Power of Attorneys and Letters of Instruction at Death
- Be familiar with the basic process in performing a "personal financial health checkup"
- Understand the relationship of happiness and the management of financial affairs
Major Topics
The topics that will be covered in this course include:
- Preparing a personal financial statement following U.S. GAAP
- Recasting U.S. GAAP personal financial statements into powerful management tools
- Identifying key financial factors that must be managed in order to achieve financial self-sufficiency
- Key personal planning documents including HIPAA Medical Disclosure Document, Living Will, Medical Durable Power of Attorneys, and Letter of Instruction at Death
- How to create "goal" statements that achieve results
