FMN Plus-2024/Mar, Seg 5 - The Evolving Accountant as the Full-Service Finance Professional
Today’s accounting professionals are seizing on vast opportunities for growth in areas beyond the traditional audit or tax functions that require their specific expertise and experience. Upskilling and expansion into client advisory services, particularly in personal financial planning (PFP), is turning accountants into full-service financial advisors. Tom Tillery, Vice President at Paraklete Financial, discusses these changes and challenges in the accounting profession and offers recommendations for fully leveraging this new and comprehensive accounting and finance paradigm.
Learning Objectives:
- Distinguish how the accountant can leverage trends in remote work, technology and advisory accounting to leverage new business models & opportunities
- Identify the requirements of the AICPA’s Statement on Standards in Personal Financial Planning Services, as well as those of related credentials & licenses
- Identify the trend toward commoditization of traditional audit and tax compliance roles and how accountants can upskill to overcome this trend
- Recognize the importance of tax knowledge in personal financial planning and the overlap between tax planning and other areas of financial planning
Prerequisites/Advanced Preparation:
None
Details
Course Code
:
FMN1556-FM
Release Date
:
03/08/2024
|
Expire Date
:
10/13/2025
|
Credits
:
|
Length
:
1hr 40min
|
Course Level
:
Update
|
Course Type
:
QAS Self-Study
|
Passing Grade
:
70%
|
Format Type
:
eLearning
Mobile Compatible
|
Field Of Study
:
Personal Development
|
|
Theme
:
Managing Change
|