Personal financial planning
Learning objectives

After completing this course, the learner should be able to:

  • Recognize the primary reasons to make personal financial plans
  • Define the fundamental economic principles that influence and inform personal financial planning
  • Apply financial planning goals and information when creating a personal budget
  • Recognize important income tax planning strategies
  • Name the characteristics of various tax-advantaged accounts when planning for personal income tax
  • Recognize options available when taking out and refinancing debt
  • Identify options to plan financially for education expenses for children
  • Recognize pros and cons of purchasing a second home
  • Identify advantages and disadvantages of different retirement planning options
  • Recognize the key issues associated with estate planning

Instructor bio

Tom Cox is a controller for Public Risk Underwriters of Florida, Inc. (PRU), a Brown & Brown subsidiary that offers accounting and underwriting support to insurance trusts servicing governments and governmentally funded not for profit organizations in Florida. Prior to joining PRU, Tom’s experience includes nearly twenty years as the chief financial officer of the Act, Corp., a not-for-profit community mental heath center in Daytona Beach, and, before that, about ten years at Ernst & Young where he was an audit manager specializing in governmental and not-for profit accounting and auditing. Tom has also been an instructor for Becker Professional Review in Orlando since 1990 and been involved with various elements of either course editing and updates or course development since 1991 including governmental auditing. A senior faculty member for the course, Tom’s duties have also included national instructor for various elements of the review program and both presentation and development of continuing professional education courses. He is a 1978 graduate of Stetson University, a member of the Institute of Management Accountants since 1980 and a member of both the American and Florida Institutes of Certified Public Accountants since 1982. Tom is a Certified Public Accountant (CPA) and a Certified Management Accountant (CMA).
National Registry of CPE Sponsors

A Becker Professional Education is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org

Becker Professional Education Sponsor I.D. Numbers NASBA: 107294, New York: 002087, New Jersey: 20CE00226700, Texas: 009580, Ohio: CPE.186, Illinois 158.002405, Pennsylvania: PX177823

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