Course

Course Summary
Credit Type:
Course
ACE ID:
AICP-0056
Organization's ID:
CPCU 540
Location:
Classroom-based
Length:
12 weeks (48 -- 72 hours)
Dates Offered:
Credit Recommendation & Competencies
Level Credits (SH) Subject
Lower-Division Baccalaureate 4 Corporate Finance or 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
  • Have an understanding of how insurers manage their capital and investments. The student will also understand the basics of mergers and acquisitions and the underwriting cycle

General Topics:

  • Introduction to corporate finance and accounting
  • Generally Accepted Accounting Principles (GAAP) financial statements
  • GAAP financial statement analysis
  • Insurer statutory accounting
  • Insurer statutory annual statement analysis
  • Cash flow valuation
  • Bonds and stocks
  • Insurer investment portfolio management
  • Insurer capital needs and sources
  • Capital management
  • Mergers and acquisitions
  • The underwriting cycle
Instruction & Assessment

Instructional Strategies:

  • Case Studies
  • Practical Exercises

Methods of Assessment:

  • Examinations

Minimum Passing Score:

70%
Supplemental Materials