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Risk Management/Employee and Business-Owner Planning
CPE Self-study

Risk Management/Employee and Business-Owner Planning

Learn how to help your clients manage risk by analyzing the client’s exposure to different types of risk.

$52 - $75
Do you have an AICPA membership? Log in to apply your member discount.

Format

Online

NASBA Field of Study

Specialized Knowledge

Level

Basic

CPE Credits

2.5

Author(s)

Tom Tillery, Susan M. Tillery

Availability

1 year

Product Number

189530

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 Business & partner 
Product Details

This CPE course can be purchased individually, or as a part of the Fundamentals of Personal Financial Planning program.

Understand risk management and its role in developing a comprehensive and practical financial plan for your clients.

Learn how to help your clients manage risk by analyzing the client's exposure to different types of risk and making reasoned recommendations about how best to respond to those risks.

Navigate how to effectively choose among the various methods of addressing risk in order to avoid a catastrophic loss and, through real-life scenarios and practical guidance, gain knowledge of the following topics:

  • The risk management process, starting with basic concepts such as hazard and peril and how the six steps in the risk management process pertain to a personal financial planning engagement
  • Legal elements of insurance contracts, including the principle of indemnity, offer and acceptance, consideration, competent parities, and legal purpose
  • Regulatory environment including professional responsibilities, compensation methods, and insurance company ratings
  • Types of insurance contracts including annuities, life insurance, disability, long-term care, and property and casualty
Key Topics
  • The risk management process
  • Legal elements of insurance contracts
  • Regulatory environment
  • Types of insurance contracts
Learning Outcomes
  • Distinguish among the terms hazard, peril, and risk.
  • Recall the legal elements of an insurance contract.
  • Distinguish types of life insurance contracts.
  • Select the type of insurance to address personal loss exposure risk.
  • Recall life insurance features, nonforfeiture, and settlement options for clients.
  • Recall an advantage of a life annuity without refund.
  • Recognize the need for risk management in a personal financial planning engagement.
  • Indicate risk management methods based on facts and circumstances.
Credit Info
CPE Credits
Online
2.5
NASBA Field of Study
Specialized Knowledge
Level
Basic
Prerequisites
None
Access
Online
This is a digital product. With full paid access the content will be available to you for 1 year after purchase date.
For more information, please refer to CPE requirements and NASBA sponsorship information
Pricing
Do you have an AICPA membership? Log in to apply your member discount.
Nonmembers
Online
$75.00
AICPA Members
Online
$65.00
PFP Section Members
Online
$52.00
PFS Credential Holders
Online
$52.00

Group ordering for your team

2 to 5 registrants

Save time with our group order form. We’ll send a consolidated invoice to keep your learning expenses organized.

Start order

6+ registrants

We can help with group discounts. Call us at 1-800-634-6780 (option 1) or email us at salessupport@aicpa.org

Contact us
Instructors
Tom Tillery
MA Ed, MSFS, CFP®, CLU®, ChFC®, LUTCF, CRPC®
Thomas Neal Tillery, CFP®, AEP® (Distinguished) Nominee, CLU®, ChFC®, CRPC®, LUTCF is Vice President & CCO of Paraklete® Financial, Inc. Paraklete® provides integrated fee-for-service personal financial planning and virtual family office services, without asset management or product sales. The firm acts as An Advocate in Financial Services® for its clients with a disciplined focus on independence and objectivity. Tom is also a co-founder and Vice-President of Financial Planning Advocate, LLC, a provider of continuing education for CPA’s, financial advisers, universities and colleges. Tom earned an M.S. in Financial Services from The American College and an M.A. in education from The Southern Baptist Theological Seminary. He is an active member of AICPA (Non-CPA Associate) and the Atlanta Estate Planning Council. With more than 30 years of experience in personal financial planning, Tom is a frequent speaker and author on topics relating to personal financial planning including, Financial Planning and Tax Advisory Services, Estate Planning for the Affluent, Current Retirement Issues, Working with Investment Advisors, and Stewardship. Mr. Tillery is the co-author of Essentials of Personal Financial Planning, a textbook used by colleges and universities in graduate programs in accounting, business, and law. Additionally, Tom has co-authored The AICPA Financial Planning Certificate Program. The program addresses all areas of the Personal Financial Specialist (PFS) Body of Knowledge and successful completion, with related experience, permits participants to obtain the PFS Credential. Tom and his family reside in Kennesaw, Georgia.
Susan M. Tillery
CPA/PFS, AEP®
Susan M. Tillery, CPA/PFS, AEP® (Distinguished), is President & CEO of Paraklete® Financial, Inc. Paraklete® provides integrated fee-for-service personal financial planning and virtual family office services, without asset management or product sales. The firm acts as An Advocate in Financial Services® for its clients with a disciplined focus on independence and objectivity. Susan is also a co-founder and President of Financial Planning Advocate, LLC, a provider of continuing education for CPA’s, financial advisers, universities, and colleges. Ms. Tillery’s experience at Harris myCFO, a multi-family office where she was responsible for the development and delivery of comprehensive family office solutions to affluent families, together with her work at Arthur Andersen and Ronald Blue & Co provides the framework for Paraklete. Susan earned both her bachelor’s and master’s degrees in Accounting from the University of Georgia. Susan is a member of the American Institute of CPAs (AICPA), the Georgia Society of CPAs (GSCPA) and the Atlanta Estate Planning Council. In addition, she is Chair of the AICPA Personal Financial Planning Executive Committee and past Chair of the AICPA Personal Financial Planning Credential Committee. Susan is a recipient of the AICPA 2019 Personal Financial Planning (PFP) Distinguished Service Award. Ms. Tillery is the co-author of Essentials of Personal Financial Planning, a textbook used by colleges and universities in graduate programs in accounting, business, and law. Additionally, Susan has co-authored The AICPA Personal Financial Planning Certificate Program. The program addresses all areas of the Personal Financial Specialist (PFS) Body of Knowledge and successful completion, with related experience, permits participants to obtain the PFS Credential. She is a frequent speaker and author on topics relating to personal financial planning including, CPA’s and Financial Planning, Virtual Family Offices, Collaboration, Planning and Tax Advisory Services, Financial Issues Facing Women, Responsibilities of Wealth, Charitable Giving, and Stewardship. Susan and her family reside in Kennesaw, Georgia.
Accessibility

The Association is dedicated to removing barriers to the accountancy profession and ensuring that all accountancy professionals and other members of the public with an interest in the profession or joining the profession, including those with disabilities, have access to the profession and the Association's website, educational materials, products, and services. The Association is committed to making professional learning accessible to all. This commitment is maintained in accordance with applicable law. For additional information, please refer to the Association's Website Accessibility Policy. For accommodation requests, please contact adaaccessibility@aicpa-cima.com and indicate the product that you are interested in (title, etc.) and the requested accommodation(s): Audio/Visual/Other. A member of our team will be in contact with you promptly to make sure we meet your needs appropriately.

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Risk Management/Employee and Business-Owner Planning
Select from the following options:
Online
$75.00
Nonmember Price
$75.00
Price excluding sales tax
$75.00
Do you have an AICPA membership? 
Log in to apply your member discount.
Shipping cost and sales tax will be added later during checkout

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