AICPA launches university PFP program
The AICPA announced on Tuesday the launch of their University Program in Personal Financial Planning. The course, geared towards accounting students planning on gaining CPA licensure, will focus on estate, retirement, tax planning, and more.
The AICPA has previously introduced the PFP Program coursework to a number of academic institutions, along with schools whose materials coincide with the PFP Body of Knowledge and the Personal Financial Specialist exam. With growing demand for PFP skills in today's business world, the AICPA is looking to boost the outreach of the program over the next year to even more schools.
“The AICPA is encouraged by the successful launch of the PFP Program,” stated Andrea Millar, AICPA director of financial planning. “We’ve partnered with a great group of colleges and universities to help prepare students to enter the accounting profession equipped with the skillset they’ll need to provide clients with top quality, integrated personal financial planning services.”
Currently, the AICPA's PFP Program is found in eleven universities, including:
- Albertus Magnus College
- Arizona State University
- Chapman University
- East Central University, Oklahoma
- Long Island University
- North Carolina State University
- University of Georgia
- University of Kentucky
- University of Southern California
- University of Texas at Austin
- Washington University in St. Louis
“CPAs, with their foundational understanding of tax and well-earned reputation as trusted advisors, are extremely well positioned to offer their clients integrated tax and financial planning services,” said Jeannette Koger, AICPA vice president of Advisory Services and Credentialing, per a statement. “We know that approximately 120,000 CPAs currently provide financial planning services to some degree. The PFP Program will play a central role in providing the next generation of students with a path to become CPA financial planners and CPA/PFS credential holders.”
PFP Program courses will count towards student CPA education requirements. Additionally, PFP Program students and their educators will be allowed to take the PFS exam at no cost.
For more on the program, head to the AICPA's site here.