Course

Course Summary
Credit Type:
Course
ACE ID:
AICP-0056
Organization's ID:
CPCU 540 (AICP-0056)
Organization:
American Institute For Chartered Property Casualty Underwriters/The Institutes
Location:
Hybrid
Length:
Self-paced (4-6 weeks)
Dates Offered:
Credit Recommendation & Competencies
Level Credits (SH) Subject
Lower-Division Baccalaureate 3 financial accounting
Description

Objective:

The course objective is to enable students to become informed users of financial and accounting information for the purpose of financial decision making

Learning Outcomes:

  • understand the basics of accounting and corporate finance for insurers and non-insurers
  • explain the basics of GAAP financial statements
  • understand financial statements and how to leverage them
  • have a knowledge base regarding corporate investments
  • explain how money moves through financial markets in its various forms
  • understand how insurers manage their capital and investments
  • explain the maximization of insurer investment income
  • explain how insurer's meet their capital needs
  • understand an insurer's capital requirements

General Topics:

  • Understanding which numbers matter
  • Deciphering GAAP financial statements
  • Leveraging GAAP financial data
  • Deciphering insurer financial statements
  • Leveraging insurer financial data
  • Understanding corporate investment
  • Following the money in financial markets
  • Making sense of stocks and bonds
  • Maximizing insurer investment income
  • Meeting insurer capital needs
  • Breaking down capital requirements
Instruction & Assessment

Instructional Strategies:

  • Case Studies
  • Practical Exercises

Methods of Assessment:

  • Examinations

Minimum Passing Score:

70%
Supplemental Materials