The course also provides strategies for reducing tax burden, and building a model portfolio that suits your risk and return profile.

Knowing basic concepts in financial planning
• Analyzing various financial products for savers and investors
• Understanding various types of personalities and their financial needs
• Recognizing your financial goals and achieving them
• Having better control on taxes you pay
• Building a finance portfolio suiting your needs
• Reporting of financial planning

Accounting Professionals
• Budget holders
• Finance Professionals
• Anyone who needs to know about organizational finance

This interactive Training will be highly interactive, with opportunities to advance your opinions and ideas and will include:
• Lectures
• Workshop & Work Presentation
• Case Studies and Exercise
• Videos and General Discussions

DAY 1
• What is financial planning
• Three steps in financial planning process
• Elements of the balance sheet
• The Income and expense statement
• The budget
• Why is it important to prepare budget carefully?
DAY 2
• The time value of money
• Diversification - 'spreading risk'
• Investment timing
• Saving versus investment
• Products options for savers
• Checking accounts
• Savings account
DAY 3
• Certificates of deposit
• Money market mutual funds
• Money market deposit accounts
• treasury bills
• Products options for Investors
• Common stock
• Bonds
• Preferred stock
• Mutual funds
DAY 4
• Real estate
• Commodities
• Metals, art and collectibles
• The five personalities
• Using the five-way classification model
• Risk/Return trade-offs for investors
• Risk/Return position at various life cycle stages
DAY 5
• Types of goals
• Investment objectives
• Liquidity: real needs and perceived needs
• Strategies for reducing federal income tax
• Basics of portfolio management
• Financial planning calculators
• How to write different kinds of financial planning report

A RECTUS attendance certificate will be awarded to all participants who complete at least 80% of the total course duration.