University Program in Personal Financial Planning
With the increased demand and need for financial advisers, building the future of the CPA personal financial planning profession is important now more than ever. What better way to start students on the pathway to becoming a CPA financial planner than to start educating them now while they are in your classroom. Together, we will prepare students to enter the profession equipped to serve individuals in an integrated way with a mindset to always serve the best interest of the public and to be hired by firms with this same philosophy. The AICPA Personal Financial Planning (PFP) Division has launched resources that will help you guide your students in becoming a CPA financial planner including a video on how the next generation of the CPA profession can get into personal financial planning. Contact the PFP Team for more information.
A University-Level PFP Program Geared Toward Accounting Students
The Model PFP Curriculum (MPFPC) is a resource for accounting educators seeking to develop or modify accounting programs or course offerings to best prepare students to enter the accounting profession. The primary objective of the MPFPC is that students understand the role personal financial planning plays in serving individual clients by building a foundation for future learning in PFP.
A University-Level PFP Program Geared Toward Accounting Students
Now Available: Essentials of Personal Financial Planning textbook and instructor support materials. A single 3.0 credit-hour course that systematically introduces the essentials of all the major topics of PFP showing their interconnectivity and professional opportunities and covering the PFP body of knowledge that aligns with the PFS exam and builds off of the CPA body of knowledge.
NOTE: Under the UAA Rules (5-2), this course could count toward the Accounting hours to meet the CPA education requirement (requires approval by the state board of accountancy.
Includes comprehensive course support
- Teaching guide/instructor notes
- PowerPoint presentations
- Test banks
- Case studies
- Marketing toolkit
- Resources for your students.
- And more!
Coming Soon! In-Depth PFP Track combines five courses that integrate tax planning and other areas of PFP, including:
- Estate Planning
- Retirement Planning
- Investments
- Insurance/Risk Management
- Professional Responsibilities
Why Personal Financial Planning
- PFP is projected to grow twice as fast as the accounting profession (IBIS World 2014)
- 15% growth in need for advisors (U.S. Bureau of Labor Statistics)
- $15 trillion in baby boomer wealth transfer over coming decades, greatly increasing the need for all areas of planning
- Increasing complex tax laws and regulations that CPAs understand
Why Partner with AICPA to add PFP to your Curriculum
- Be among the first accounting programs to prepare students for the demand, growth and opportunities in personal financial planning.
- Help students satisfy the accounting hours needed to meet the CPA education requirement.
- Provide students with greater opportunity through work toward multiple credentials, such as CPA and Personal Financial Specialist (PFS™), efficiently and cost-effectively.
- Students will be eligible to take the comprehensive PFS exam at no charge while still in school, and professors may also take the PFS exam at no charge.
- Full support of the AICPA in development of your PFP program.
- View current list of institutions participating in this program.
