Course ID: | FHCE 4235S. 3 hours. Repeatable for maximum 6 hours credit. 1 hours lecture and 4 hours lab per week. |
Course Title: | Applied Financial Planning |
Course Description: | An applied understanding of working in professional settings to
help individuals from different backgrounds achieve personal
financial goals. In semester-long service-learning projects of
approximately 50 direct contact hours, students will either
provide direct financial services or financial education,
counseling, or coaching to low and moderate-income individuals. |
Oasis Title: | Applied Financial Planning |
Nontraditional Format: | Course includes a service-learning project during the semester
that either employs skills or knowledge learned in the course
or teaches new skills or knowledge related to course
objectives. Students will be involved in the planning and
implementation of the projects(s) and may spend time outside of
the classroom. Students will be engaged in the service-learning
component for approximately 50-75% of overall instructional
time. |
Pre or Corequisite: | FHCE 4230 or FHCE 6230 or FHCE 6230E or ACCT 5400 or ACCT 5400H or ACCT 7400 |
Semester Course Offered: | Offered spring semester every year. |
Grading System: | A-F (Traditional) |
|
Course Objectives: | -Learn how to work with individuals from diverse backgrounds and
circumstances on important and significant financial matters.
-Update students on current tax law and compliance requirements
associated with income tax preparation.
-Learn how to prepare and file federal and state income tax
returns using professional tax filing software.
-Apply basic tax research skills to investigate and determine
the proper treatment of tax related matters.
-Increase communication and organization working skills through
client interactions and team-based delivery approach.
-Improve written communication skills through reporting and
presenting on tax research of technical tax matters. |
Topical Outline: | -Overview of service-learning opportunities in financial
planning and education.
-Review of tax law – Recent legislative changes in individual
taxation.
-Introduction to tax preparation compliance issues.
-Introduction to professional income tax preparation software.
-Effective client and volunteer communication.
-Financial planning opportunities for low and moderate income
families.
-Opportunities for financial education and effective education
strategies.
-Allied professions in providing necessary financial services,
when and how to make appropriate referrals.
-Financial issues faced by low and moderate-income families and
strategies or alternatives available for dealing with those
issues.
-Researching client questions and issues.
-Student reflection on the various service-learning projects. |