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Professional Certification Programs
1.
Certified Public
Accountant (CPA). Information
about careers in certified public accounting and CPA standards and examinations
may be obtained from: American Institute of Certified Public Accountants. Go
to: http://www.aicpa.org. Information about the CPA
exam and licensing requirements in the State of
2.
Certified Management
Accountant (CMA). Information
on careers in management accounting and the CMA designation may be obtained
from:
3.
Certified Internal
Auditor (CIA). Information
on careers in internal auditing and the CIA designation may be obtained from
The Institute of Internal Auditors. Internet: http://www.theiia.org.
4. Certified Financial Planner (CFP). The CFP marks have become recognized as the global symbol for competent and ethical financial planning advice. Go to http://www.cfp-board.org.
5.
Chartered Financial
Analyst (CFA). The
CFA Program is a globally recognized
standard for measuring the competence and integrity of financial
analysts. Its curriculum develops and reinforces a fundamental knowledge
of investment principles.
6.
Certified Government
Financial Manager (CGFM). Information on careers in government accounting and on
the CGFM designation may be obtained from: Association of Government
Accountants. http://www.agacgfm.org.
7.
Certified Information
Systems Auditor (CISA). This designation is related to careers in information
systems auditing. The CISA designation may be obtained from: The Information
Systems Audit and Control Association, http://www.isaca.org.
Career
Information for Accounting & Finance Students
1.
Occupational Outlook Handbook. Best source for
business-related career information. Provides career information
describing what workers do on the job, working conditions, training and
education needed, earnings, and expected job prospects in a wide range of
occupations. Following are two relevant examples from the handbook:
B.
Financial Analysts and Personal Financial Advisors
C.
Note:
There are many other management and business & financial operations
occupations detailed in the handbook. Index.
1.
MSN
MoneyCentral. Excellent source for
free information related to investing, banking, planning, and taxes.
2.
Yahoo
Finance. Similar to MSN
MoneyCentral. This is another excellent free source.
3.
Bankrate.com. Useful source for
current rates on nearly all financial instruments.
4.
Insurance.com (from
Fidelity Investments) for life insurance quotes. Are you in the Preferred Plus
category?
5.
Investing In Bonds.com. Recommended site for
all aspects of bond investing.
6.
IRS Forms and Publications Online.
7.
Edmunds.com, an excellent resource for the new/used car buyer.
8.
FRED database. The Federal Reserve Bank of
9.
Lasik approach to
investment analysis and equity portfolio construction.
1.
2.
CWU Registrar Services and CWU Catalogs.
3.
CWU
Library databases, including access to Standard
& Poors and Value Line.
Excel
Templates (for common finance-related calculations)
1.
Basic time value
FVSS, future value of a single sum, including intra-year
compounding.
PVSS, present value of a single sum, including
intra-year compounding / discounting.
FVA, future value of an annuity, including
annuity due and ordinary annuity.
FVA, RCF unknown.
PVA, present value of an annuity, including
annuity due and ordinary annuity.
PVA, RCF unknown.
2.
Yield, or rate of
return, calculations
APY, annual percentage yield, given interest rate and
frequency of compounding.
AER, annual effective rate, given a
terminal value and initial value separated by "n" years.
3.
Personal financial
planning related
CWU
student quarterly budget
Payment calculation on a standard amortized
loan.
New car financing, including an
amortization schedule
Qualifying model
for a mortgage loan.
FRM vs ARM, fixed rate versus adjustable
rate loan decision.
Retirement planning model: How much will I
have? What are my withdrawal options?
4.
Bond investor related
YTM, yield to maturity on a bond
Reinvestment risk
analysis on a bond
Interest rate risk analysis on a bond
Duration calculation and application, an
advanced bond portfolio management concept
T-Bill primary market bid worksheet
5.
Stock investor
related
Stock constant growth dividends fair
(intrinsic) value
Stock fair (intrinsic) value,
a more comprehensive model involving earnings and dividends
Standard deviation calculation, an
empirical measure of past stand-alone risk
Beta calculation, an empirical measure of
systematic, or non-diversifiable risk
6.
Financial management
related
Capital budgeting models, a calculator for
NPV, IRR, and payback models.
Cost of debt model, including flotation costs,
taxes, and discount amortization, for use in the
WACC model, weighted average cost of capital
model, including new debt, preferred stock, available retained earnings, and
new common stock.
Cost of short-term borrowing, a
standardized approach.
Syllabi
for John's Recent Courses (last 5 years)
1.
ACCT 251: Accounting
I
2.
ACCT 252: Accounting II
3.
ACCT 301: Financial Accounting Analysis
4.
ACCT 305: Cost Accounting
5.
ACCT 350: Intermediate Accounting I
6.
ACCT 351: Intermediate Accounting II
7.
ACCT 405: Advanced Cost Accounting
8.
ACCT 430: Accounting for Non-Profit
Organizations
9.
FIN 370: Introductory Financial Management
10.
FIN 371: Personal Financial Planning