Catatan Pribadi dari Training Perencanaan Keuangan Syariah (2)

BIAYA PENDIDIKAN

Setelah survey kemana-mana (masih di dlm negri semua sih), ternyata kesimpulannya sama: biaya pendidikan dari masa ke masa mengalami peningkatan yang jika diakumulasikan dalam jangka waktu yang cukup panjang, angka kenaikannya mampu membuat kita berpikir lebih jauh (baca: pusing) mengenai bagaimana nasib anak-anak kita apakah mereka dapat menikmati pendidikan terbaik di masanya masing-masing? Apakah kita harus menyalahkan kondisi ekonomi makro yang tentu saja berada di luar kontrol kita sendiri, atau berharap pemerintah akan mengeluarkan kebijakan yang dapat memperingan beban kita sebagai orang tua karena berharap pemerintah cukup peduli untuk memikirkan bahwa anak-anak kita adalah juga merupakan aset bangsa dan negara? Daripada mengandalkan (atau menyalahkan) sesuatu yang berada di luar kuasa kita, lebih baik kita berpikir lebih keras untuk mencari strategi yang tepat bagi masing-masing anak agar kita dapat memfasilitasi pendidikan mereka. Disinilah salah satu poin yang menegaskan pentingnya perencanaan keuangan pribadi dan keluarga. Memang rezeki masing-masing anak sudah ditentukan oleh Allah SWT, tetapi apakah dengan alasan itu kita dapat mengabaikan tanggungjawab kita terhadap anak-anak kita? Yang penting, kita sudah berusaha maksimal, "do our best" baru menyerahkan hasilnya pada Allah SWT, betul ga sih? Diantara alternatif yang bisa kita lakukan: melakukan investasi di berbagai instrumen lembaga keuangan, berinvestasi dengan emas, melakukan lompatan quantum keuangan dengan berwirausaha, dll. Pilihan yang cocok untuk masing-masing keluarga tentu berbeda karena disesuaikan dengan karakteristik dan kemampuannya. Jika ingin menelusuri sendiri investasi macam apa yang cocok dengan kita, bisa hunting informasi dari internet dan kenalan. Jika ingin mengetahui produk dalam program yang lebih tersistem, bisa ikut training for shariah financial planner. Tapi jika ingin berkonsultasi dengan ahlinya, bisa menghubungi komunitas perencana keuangan syariah dan kami akan membantu anda.


EMAS DAN DINAR UNTUK KEUANGAN PRIBADI

Untuk memantau harga dunia dan historinya: www.kitco.com
Untuk melihat standar harga di Indonesia: http://logammulia.com/gold-bar-id.php

Catatan Pribadi dari Training Perencanaan Keuangan Syariah

Rezeki VS Harta

Rezeki tidak sama dengan harta, rezeki adalah sesuatu yang kita nikmati secara pribadi dan belum tentu berada dalam kepemilikan kita. Sedangkan harta adalah sesuatu yang kita miliki akan tetapi belum tentu merupakan rezeki kita karena satu dan lain hal tidak dapat kita nikmati secara pribadi. Setiap muslim seharusnya dapat mengimani bahwa rezeki sudah diatur dan ditentukan batasnya untuk setiap makhluk oleh Allah SWT, usaha hanya sebagai medium pengantarnya saja dan bukan sebagai penyebab diberikannya rezeki. Maka masuk akal sekali jika seorang manusia banyak bekerja untuk kesejahteraan lebih banyak makhluk lainnya (baca: sebagai perantara rezeki bagi orang lain) maka harta yang dikuasainya di dunia akan menjadi semakin banyak karena ia menjadi pintu gerbang bagi mengalirnya rezeki makhluk lainnya. Jadi.. banyak sedekah menjadikan kaya? Tentu saja! ;)


Perencanaan Keuangan Syariah VS Logika “Kanan” Mempercepat Rezeki

Konklusinya bisa jadi sama, banyak sedekah dan beramal membuat kaya hingga tidak terbatas, tapi alur logikanya beda. Yang pertama, mengikuti alur logika yang berlandaskan akidah Islam yang lurus. Sedangkan yang kedua alur logikanya berakidah Islam yang agak “nyeleneh”. Jadi, harusnya pilih yang mana? Untuk diimani dan diyakini, pilih yang pertama aja deh.. masalahnya ini akidah, bahaya kalo kita main-main dengan ranah ini, bisa-bisa batal semua amal kita dalam hitung-hitungannya malaikat pencatat amal baik. Sedangkan yang kedua, bolehlah kita ambil semangat dari bahasanya yang provokatif bagi orang kebanyakan terutama manfaatnya yang bisa bikin orang yang sedang patah semangat jadi bergairah lagi dan bagi orang yang “nrimo” jadi punya semangat juang! (namanya juga “best-seller”, bukan “best-true faith”)


Yuk, ikutan training perencanaan keuangan syariah* untuk meluruskan akidah kita tentang rezeki dan memperluas wawasan kita tentang produk-produk investasi yang bisa kita gunakan saat ini juga untuk merapikan portofolio keuangan pribadi kita. Klau ga mau juga gpp siih, semoga tanpa ikut training pun akidah kita bisa diluruskan oleh Allah SWT melalui jalan lain.. amiiin.


Cerita Qarun dan Hartanya (alias asal istilah harta karun doonk)

Jadi singkat cerita, Qarun berpendapat bahwa harta yang dimilikinya adalah karena usahanya sendiri tanpa adanya rahmat dari Allah SWT, dan ia dimurkai karena itu sehingga seluruh hartanya ditenggelamkan ke dasar laut. Semoga kita tidak termasuk orang yang dimurkai karena takabur dan sombong seperti dia ya.. Hehe, baru cerita sedikit tiba-tiba sdh kesimpulan. Yang mau baca cerita lengkapnya di blog lain aja ya: http://pie-saktiy.blogspot.com/2011/03/kisah-qarun-dan-hartanya.html


Sumber-sumber Referensi Keuangan dan Motivasi Non-syariah?

Sumber-sumber referensi keuangan dan motivasi yang terkenal dan menarik kan banyak dari non-syariah tuh.. ya kaya ahli "empat kuadran" dari Amerika, CEO Amerika yang sering mecat karyawan pemasarannya di tv, dan banyak motivator dalam negri lainnya yang intinya seneng nyuruh kita jadi orang kaya. Mereka pinter-pinter lho di bidangnya masing-masing! Klo kita mau ambil ilmu dari mereka, waah.. sangat berharga sekali buat kemajuan hidup pribadi kita. Toh mereka juga hidup di masa dan kondisi yang kurang lebih sama dengan kita sekarang. Tapi jangan lupa juga, kita sebagai muslim punya koridor-koridor tertentu yang harus diikuti untuk membuktikan keislaman kita. Sebagian ilmu yang mereka miliki bisa kita pakai, tapi ada sebagian lainnya yang tidak. Trus, gimana cara memfilternya? Harus belajar juga akidah Islam
terutama dalam konteks ini yang tentang harta. Sumbernya juga harus dari sumber "ultimate" ilmu Islam: Al-Qur'an dan As-Sunnah. Sekalian yang mau ikut training perencanaan keuangan syariah* itu, nanti juga dibahas kok mengenai fundamental shariah financial planning berdasarkan Qur'an dan Hadits.


*klik link ini: http://farisah-amanda.blogspot.com/2011/06/training-for-shariah-planner.html

Training for Shariah Financial Planner

"Tidaklah bergeser telapak kaki bani Adam pada hari kiamat dari sisi Rabb-nya hingga ditanya tentang lima perkara; umurnya untuk apa ia gunakan, masa mudanya untuk apa ia habiskan, hartanya dari mana ia dapatkan dan untuk apa ia belanjakan, dan apa yang ia perbuat dengan ilmu-ilmu yang telah ia ketahui ". (HR. At Tirmidi no.2416 dan disahihkan oleh Asy Syaikh Al
Al bani di dalam Ash Shahihah no. 947)

Dapatkan jawaban mendalam dan prinsipil atas pertanyaan "perbedaan antara perencanaan keuangan syariah dengan perencanaan keuangan selain syariah" pada training Shariah Financial Planning.

Training Batch 3 dibuka untuk umum akan dilaksanakan setiap hari Sabtu (5 kali pertemuan) mulai tanggal 1 Oktober 2011.

Investasi Rp 2.000.000*

5 kali pertemuan full day
*Diskon 50% untuk pendaftar early bird sehingga total investasi hanya Rp 1.000.000 (batas waktu pendaftaran tgl 31 Juli 2011)

TARGET diakhir pelatihan, setiap peserta bisa menyusun Perencanaan Keuangan sesuai Syariah untuk diri sendiri (terbuka untuk umum), maupun dasar-dasar untuk seorang profesional!
Peserta terbatas, hanya 15 paket (50 Seat)
* Total investasi senilai Rp 5 juta (5 modul) dan mencakup pendidikan lanjutan magang (experience) untuk profesi. Dapatkan study loan atau cash back untuk yang memenuhi kriteria.

Disampaikan oleh:
1. Ahmad Gozali (Praktisi Perencana Keuangan Syariah)
2. Abu Yusuf (Praktisi Perencana Keuangan Syariah)

5 Modul utama yang akan dikembangkan:
1. Fundamental of Shariah Financial Planning & Industry
Termasuk kajian holistik terkait Al-Qur'an & Hadits untuk dasar-dasar perencanaan keuangan dalam Islam, muamalah, dan ekonomi syariah.
2. Shariah Financial Planning Industry & Ethics
Termasuk kajian manajemen, salesmanship untuk profesi, how to get client, how to build office, dll.
3. Shariah Financial Investment Planning
Termasuk kajian perencanaan investasi, akad-akad syariah, mengenal instrumen & menilai investasi, dll.
4. Shariah Financial Future Planning
Termasuk kajian menghitung dana pendidikan, pensiun, haji/umrah, dll dengan bersandar pada time value of money with gold standard.
5. Shariah Financial Asset Planning
Termasuk kajian Ziswaf, perencanaan waris & estate planning, asuransi, financial check up / menyusun laporan keuangan ; neraca & cashflow pribadi, dll.

Waktu dan Tempat Pelaksanaan
Setiap Sabtu (full day) mulai 1 Oktober 2011
Podomoro City; Blok B - 8 DH Jl. Letjen S. Parman Jakarta Barat
Pendaftaran dapat menghubungi;
082110.737377 (Farisah Amanda)

Fasilitas:1. Lokasi strategis, training room ber-AC & Wifi, LCD proyektor.
2. Trainer berpengalaman, konsultasi gratis, magang kerja, modul & sertifikat.
3. Snack & makan siang.

New Program! bagi yang sudah daftar sampai akhir juli akan diberikan arahan untuk dapat beasiswa dari sponsor (subsidi biaya pelatihan), bagi batch 1 subsidi magang. Penasaran! Segera daftarkan, cukup komitmen fee...beasiswa terbatas

Preview oleh Abu Yusuf:

Perencanaan Keuangan Syariah secara definisi terdiri dari 3 kata
1. Perencanaan;
Proses pengambilan keputusan dari sejumlah pilihan, untuk mencapai suatu tujuan yang dikehendaki
2. Keuangan;
Manajemen Keuangan adalah suatu kegiatan perencanaan, penganggaran, pemeriksaan, pengelolaan, pengendalian, pencarian dan penyimpanan dana/ harta kekayaan/ aset
(SAMPAI 2 KATA INI AKAN SAMA DENGAN KONVENSIONAL)

3.Syariat (peraturan); KATA SYARIAH DISEBUT SEKALI DALAM SURAT Al-Jathiyah (45) Ayat 18 YANG MAKSUDNYA Al Qur’an & Al Hadits.
Shari'ah ʿ ( bahasa Arab : شريعة sari ʿ ah, IPA: ʃari ʕa ː , "jalan" atau "jalan") adalah kode etik atau hukum agama dari Islam. Kebanyakan Muslim percaya Syariah berasal dari dua utama sumber hukum Islam : ajaran yang tercantum dalam Al Qur'an , dan contoh yang ditetapkan oleh Islam Nabi Muhammad dalam Sunnah (Wikipedia Answers.com Syariah)
مقاصد jama’ مقصد- قصدmaksud, tujuan
الشريعة secara bahasa adalah tempat menuju ke sumber air tanpa
الشريعة secara makna syar’i adalah :Sesuatu yang ditetapkan Allah SWT untuk hambanya berupa ajaran agama.
Korelasi makna bahasa dan makna syar’i: Jalan ke arah sumber pokok kehidupan.
مقاصد الشريعة berarti tujuan dan fungsi syariat berupa mendatangkan kemaslahatan, baik dalam bentuk mewujudkan maupun memeilhara kemaslahatan tersebut
Al-Syatibi mendefiniskan: “maqashid syari’ah bertujuan mewujudkan kemaslahatan manusia di dunia dan akhirat.”

Salah satu bentuk riil petunjuk syariah dalam cashflow;
3 Sepertiga, konsep sederhana dalam Perencanaan Keuangan sesuai Sunnah. Resep ini sudah lama dikembangkan, bahkan termuat dalam kitab Riyadushalihin karya Imam Nawawi. Hadits diriwayatkan oleh Imam Muslim, yang mengatur bukan hanya sedekah, namun juga 1/3 untuk konsumsi dan 1/3 untuk modal kerja atau dikembalikan pada usaha yang menghasilkan pendapatan bagi kita. Subhanallah...DAHSYAT!!!!!

Catatan pribadi tentang Perencanaan Keuangan Syariah: http://farisah-amanda.blogspot.com/2011/07/catatan-pribadi-dari-training.html

Sertifikasi Profesional Keuangan

I. S2/S3 vs Sertifikasi Profesional

Pendidikan S2 dan S3 terutama lebih berguna jika kita berniat untuk menjadi akademisi, seperti dosen, atau peneliti. Untuk dunia kerja, S2 hanya dibutuhkan di kantor-kantor tertentu sebagai syarat formal untuk menempati jabatan tertentu (middle manager, atau posisi yang lebih tinggi).
Sertifikasi di lain hal, berguna jika kita ingin menegaskan bidang spesifikasi pekerjaan kita dan keahlian tertentu yang kita miliki secara khusus. Para profesional biasanya lebih memilih sertifikasi dibandingkan dengan meneruskan jenjang pendidikan S2/S3 karena ruang lingkup sertifikasi lebih sempit tetapi lebih mendetail dibandingkan dengan S2/S3 yang ruang lingkupnya lebih luas.

II. Contoh Sertifikasi di berbagai Profesi

Wikipedia mendefinisikan sertifikasi profesional sebagai suatu penetapan yang diberikan oleh suatu organisasi profesional terhadap seseorang untuk menunjukkan bahwa orang tersebut mampu untuk melakukan suatu pekerjaan atau tugas spesifik. Sertifikasi biasanya harus diperbaharui secara berkala, atau dapat pula hanya berlaku untuk suatu periode tertentu. Sebagai bagian dari pembaharuan sertifikasi, umumnya diterapkan bahwa seorang individu harus menunjukkan bukti pelaksanaan pendidikan berkelanjutan atau memperoleh nilai CEU (continuing education unit).

Di Indonesia, terdapat BNSP, yaitu badan khusus yang bertugas menangani sertifikasi profesi nasional (Website Badan Nasional Sertifikasi Profesi di http://www.bnsp.go.id). Sebagai perbandingan, sertifikasi di bidang profesi dapat diumpamakan sebagai spesialisasi untuk pendidikan dokter. Setelah pendidikan S1 kedokteran umum, spesialisasi dibutuhkan untuk memilih bidang spesifik yang ingin didalami oleh seorang dokter. Sedangkan sertifikasi ini banyak ditemukan untuk profesi di bidang IT / TI (Teknologi Informasi) dan Keuangan, karena dalam kedua bidang ini terdapat banyak cabang spesialisasi yang membutuhkan keahlian tertentu. Selain itu, sertifikasi juga terdapat di profesi bidang lain seperti human resource, guru, dll. Di bidang TI, sertifikasi dapat menjelaskan spesifikasi keahlian seseorang seperti networking (CCNA, CCNP, dan lainnya dari Cisco), security (CISSP, CEH, OSCP, dll), administrator (MCITP), server engineer (MCSE), dll.

III. Bermacam-macam Sertifikasi dalam Profesi Keuangan

Sedangkan di bidang keuangan, sertifikasi dapat dikelompokkan berdasarkan bidang industri atau bidang profesinya masing-masing yaitu:

Akuntan Publik
CPA (Certified Public Accountant)

Manajemen Risiko Perbankan
BSMR (Badan Sertifikasi Manajemen Risiko)

Analis Investasi Keuangan
CFA (Certified Financial Analyst)

Perencana Keuangan
CFP (Certified Financial Planner)

Khusus Keuangan Syariah
CIFP (Certified Islamic Financial Professional)



ket. posting ini merupakan opini penulis, bukan merupakan tulisan ilmiah.

CFP (Certified Financial Planner)

*konvensional, internasional

training perencanaan keuangan syariah:
http://farisah-amanda.blogspot.com/2011/06/training-for-shariah-planner.html

http://admsci.ui.ac.id/files/200320090943281.pdf

MODUL 1: PENGANTAR PERENCANAAN KEUANGAN
- Dunia kerja dalam bidang perencana keuangan dan proses perencanaan
keuangan
- Laporan keuangan personal
- Nilai waktu uang
- Prinsip-prinsip investasi
- Instrumen utang
- Modal dan investasi lainnya
- Unit Trusts
- Manajemen Risiko – Asuransi Jiwa dan Kesehatan
- Manajemen Risiko – Asuransi Umum
- Perencanaan pajak penghasilan
- Perencanaan Pensiun
- Perencanaan Properti
- Ujian

MODUL 2 : PERENCANAAN INVESTASI
- Konsep dasar investasi
- Pengantar Pasar Modal Indonesia
- Analisis Laporan Keuangan
- Alokasi Aset dan diversifikasi portofolio
- Analisis Modal
- Sekuritas Pendapatan tetap
- Pengantar Instrumen derivatif
- Unit Trusts
- Ujian

MODUL 3: MANAJEMEN RESIKO DAN PERENCANAAN ASURANSI
- Pengantar industri asuransi di Indonesia
- Konsep manajemen resiko
- Dasar-dasar asuransi umum
- Perencanaan keuangan personal dan asuransi jiwa
- Asuransi jiwa tradisional, Unit Linked, dan Syariah
- Perawatan jangka panjang, cacat, dan anuitas
- Asuransi kesehatan, medis, dan kelompok
- Proses seleksi dan klasifikasi risiko
- Asuransi umum personal

MODUL 4: PERENCANAAN PENSIUN, PAJAK PENGHASILAN DAN PROPERTI
- Pengantar perencanaan pensiun
- Kebutuhan proteksi – Asuransi Jiwa dan Kesehatan
- Program dan konsep anuitas
- Program pension yang disediakan perusahaan
- Program pension yang disediakan pemerintah
- Pengantar perencanaan pajak penghasilan
- SPT Tahunan Pajak Penghasilan WP Orang Pribadi
- Pengantar perencanaan properti
- Proses perencanaan properti
- Distribusi kesejahteraan
- Hukum pernikahan dan keluarga
- Pajak atas properti
- Perencanaan Asuransi Jiwa dan distribusi kesejahteraan
- Perencanaan keberlangsungan usaha dan distribusi kesejahteraan
- Studi kasus
- Ujian


http://www.cfp.net/downloads/Financial%20Planning%20Topics%202006.pdf

This topic list, based on the 2004 Job Analysis Study, is for CFP® Certification Examinations administered November 2006 and later

GENERAL PRINCIPLES OF FINANCIAL PLANNING (11%)

1. Financial planning process
A. Purpose, benefits, and components
B. Steps
1) Establishing client-planner relationships
2) Gathering client data and determining goals and expectations
3) Determining the client's financial status by analyzing and evaluating general financial status, special needs, insurance and risk management, investments, taxation, employee benefits, retirement, and/or estate planning
4) Developing and presenting the financial plan
5) Implementing the financial plan
6) Monitoring the financial plan
C. Responsibilities
1) Financial planner
2) Client
3) Other advisors

2. CFP Board's Code of Ethics and Professional Responsibility and Disciplinary Rules and Procedures
A. Code of Ethics and Professional Responsibility
1) Preamble and applicability
2) Composition and scope
3) Compliance
4) Terminology
5) Principles
a) Principle 1 - Integrity
b) Principle 2 - Objectivity
c) Principle 3 - Competence
d) Principle 4 - Fairness
e) Principle 5 - Confidentiality
f) Principle 6 - Professionalism
g) Principle 7 - Diligence
6) Rules
B) Disciplinary Rules and Procedures

3. CFP Board's Financial Planning Practice Standards
A. Purpose and applicability
B. Content of each series (use most current Practice Standards, as posted on CFP Board's Web site at www.CFP.net)
C. Enforcement through Disciplinary Rules and Procedures

4. Financial statements
A. Personal
1) Statement of financial position
2) Statement of cash flow
B. Business
1) Balance sheet
2) Income statement
3) Statement of cash flows
4) Pro forma statements

5. Cash flow management
A. Budgeting
B. Emergency fund planning
C. Debt management ratios
1) Consumer debt
2) Housing costs
3) Total debt
D. Savings strategies

6. Financing strategies
A. Long-term vs. short-term debt
B. Secured vs. unsecured debt
C. Buy vs. lease/rent
D. Mortgage financing
1) Conventional vs. adjustablerate mortgage (ARM)
2) Home equity loan and line of credit
3) Refinancing cost-benefit analysis
4) Reverse mortgage

7. Function, purpose, and regulation of financial institutions
A. Banks
B. Credit unions
C. Brokerage companies
D. Insurance companies
E. Mutual fund companies
F. Trust companies

8. Education planning
A. Funding
1) Needs analysis
2) Tax credits/adjustments/deductions
3) Funding strategies
4) Ownership of assets
5) Vehicles
a) Qualified tuition programs (§529 plans)
b) Coverdell Education Savings Accounts
c) Uniform Transfers to Minors Act (UTMA) and Uniform Gifts to Minors Act (UGMA) accounts
d) Savings bonds
B. Financial aid

9. Financial planning for special circumstances
A. Divorce
B. Disability
C. Terminal illness
D. Non-traditional families
E. Job change and job loss
F. Dependents with special needs
G. Monetary windfalls

10. Economic concepts
A. Supply and demand
B. Fiscal policy
C. Monetary policy
D. Economic indicators
E. Business cycles
F. Inflation, deflation, and stagflation
G. Yield curve

11. Time value of money concepts and calculations
A. Present value
B. Future value
C. Ordinary annuity and annuity due
D. Net present value (NPV)
E. Internal rate of return (IRR)
F. Uneven cash flows
G. Serial payments

12. Financial services regulations and
requirements
A. Registration and licensing
B. Reporting
C. Compliance
D. State securities and insurance laws

13. Business law
A. Contracts
B. Agency
C. Fiduciary liability

14. Consumer protection laws
A. Bankruptcy
B. Fair credit reporting laws
C. Privacy policies
D. Identity theft protection

INSURANCE PLANNING AND RISK MANAGEMENT (14%)

15. Principles of risk and insurance
A. Definitions
B. Concepts
1) Peril
2) Hazard
3) Law of large numbers
4) Adverse selection
5) Insurable risks
6) Self-insurance
C. Risk management process
D. Response to risk
1) Risk control
a) Risk avoidance
b) Risk diversification
c) Risk reduction
2) Risk financing
a) Risk retention
b) Risk transfer
E. Legal aspects of insurance
1) Principle of indemnity
2) Insurable interest
3) Contract requirements
4) Contract characteristics
5) Policy ownership
6) Designation of beneficiary

16. Analysis and evaluation of risk exposures
A. Personal
1) Death
2) Disability
3) Poor health
4) Unemployment
5) Superannuation
B. Property
1) Real
2) Personal
3) Auto
C. Liability
1) Negligence
2) Intentional torts
3) Strict liability
D. Business-related

17. Property, casualty and liability insurance
A. Individual
1) Homeowners insurance
2) Auto insurance
3) Umbrella liability insurance
B. Business
1) Commercial property insurance
2) Commercial liability insurance
a) Auto liability
b) Umbrella liability
c) Professional liability
d) Directors and officers liability
e) Workers' compensation and employers liability

18. Health insurance and health care cost management (individual)
A. Hospital, surgical, and physicians' expense insurance
B. Major medical insurance and
calculation of benefits
C. Continuance and portability
D. Medicare
E. Taxation of premiums and benefits

19. Disability income insurance (individual)
A. Definitions of disability
B. Benefit period
C. Elimination period
D. Benefit amount
E. Provisions
F. Taxation of premiums and benefits

20. Long-term care insurance (individual)
A. Eligibility
B. Services covered
C. Medicare limitations
D. Benefit period
E. Elimination period
F. Benefit amount
G. Provisions
H. Taxation of premiums and benefits

21. Life insurance (individual)
A. Concepts and personal uses
B. Policy types
C. Contractual provisions
D. Dividend options
E. Nonforfeiture options
F. Settlement options
G. llustrations
H. Policy replacement
I. Viatical and life settlements

22. Income taxation of life insurance
A. Dividends
B. Withdrawals and loans
C. Death benefits
D. Modified endowment contracts (MECs)
E. Transfer-for-value
F. §1035 exchanges

23. Business uses of insurance
A. Buy-sell agreements
B. Key employee life insurance
C. Split-dollar life insurance
D. Business overhead expense insurance

24. Insurance needs analysis
A. Life insurance
B. Disability income insurance
C. Long-term care insurance
D. Health insurance
E. Property insurance
F. Liability insurance

25. Insurance policy and company selection
A. Purpose of coverage
B. Duration of coverage
C. Participating or non-participating
D. Cost-benefit analysis
E. Company selection
1) Industry ratings
2) Underwriting

26. Annuities
A. Types
B. Uses
C. Taxation


EMPLOYEE BENEFITS PLANNING (8%)

27. Group life insurance
A. Types and basic provisions
1) Group term
2) Group permanent
3) Dependent coverage
B. Income tax implications
C. Employee benefit analysis and
application
D. Conversion analysis

28. Group disability insurance
A. Types and basic provisions
1) Short-term coverage
2) Long-term coverage
B. Definitions of disability
C. Income tax implications
D. Employee benefit analysis and
application
E. Integration with other income

29. Group medical insurance
A. Types and basic provisions
1) Traditional indemnity
2) Managed care plans
a) Preferred provider organization (PPO)
b) Health maintenance organization (HMO)
c) Point-of-service (POS)
B. Income tax implications
C. Employee benefit analysis and application
D. COBRA/HIPAA provisions
E. Continuation
F. Savings accounts
1) Health savings account (HSA)
2) Archer medical savings account (MSA)
3) Health reimbursement arrangement (HRA)

30. Other employee benefits
A. §125 cafeteria plans and flexible spending accounts (FSAs)
B. Fringe benefits
C. Voluntary employees' beneficiary association (VEBA)
D. Prepaid legal services
E. Group long-term care insurance
F. Dental insurance
G. Vision insurance

31. Employee stock options
A. Basic provisions
1) Company restrictions
2) Transferability
3) Exercise price
4) Vesting
5) Expiration
6) Cashless exercise
B. Incentive stock options (ISOs)
1) Income tax implications (regular, AMT, basis)
a) Upon grant
b) Upon exercise
c) Upon sale
2) Holding period requirements
3) Disqualifying dispositions
4) Planning opportunities and strategies
C. Non-qualified stock options (NSOs)
1) Income tax implications (regular, AMT, basis)
a) Upon grant
b) Upon exercise
c) Upon sale
2) Gifting opportunities
a) Unvested/vested
b) Exercised/unexercised
c) Gift tax valuation
d) Payment of gift tax
3) Planning opportunities and strategies
4) Employee benefits analysis and application
D. Planning strategies for employees with both incentive stock options and non-qualified stock options
E. Election to include in gross income in the year of transfer (§83(b) election)

32. Stock plans
A. Types and basic provisions
1) Restricted stock
2) Phantom stock
3) Stock appreciation rights(SARs)
4) Employee stock purchase plan (ESPP)
B. Income tax implications
C. Employee benefit analysis and application
D. Election to include in gross income in the year of transfer (§83(b) election)

33. Non-qualified deferred compensation
A. Basic provisions and differences from qualified plans
B. Types of plans and applications
1) Salary reduction plans
2) Salary continuation plans
3) Rabbi trusts
4) Secular trusts
C. Income tax implications
1) Constructive receipt
2) Substantial risk of forfeiture
3) Economic benefit doctrine
D. Funding methods
E. Strategies

INVESTMENT PLANNING (19%)

34. Characteristics, uses and taxation of investment vehicles
A. Cash and equivalents
1) Certificates of deposit
2) Money market funds
3) Treasury bills
4) Commercial paper
5) Banker's acceptances
6) Eurodollars
B. Individual bonds
1) U.S. Government bonds and agency securities
a) Treasury notes and bonds
b) Treasury STRIPS
c) Treasury inflation-protection securities (TIPS)
d) Series EE, HH, and I bonds
e) Mortgage-backed securities
2) Zero-coupon bonds
3) Municipal bonds
a) General obligation
b) Revenue
4) Corporate bonds
a) Mortgage bond
b) Debenture
c) Investment grade
d) High-yield
e) Convertible
f) Callable
5) Foreign bonds
C. Promissory notes
D. Individual stocks
1) Common
2) Preferred
3) American depositary receipts (ADRs)
E. Pooled and managed investments
1) Exchange-traded funds (ETFs)
2) Unit investment trusts
3) Mutual funds
4) Closed-end investment companies
5) Index securities
6) Hedge funds
7) Limited partnerships
8) Privately managed accounts
9) Separately managed accounts
F. Guaranteed investmentcontracts (GICs)
G. Real Estate
1) Investor-managed
2) Real estate investment trusts (REITs)
3) Real estate limited partnerships (RELPs)
4) Real estate mortgage investment conduits (REMICs)
H. Alternative investments
1) Derivatives
a) Puts
b) Calls
c) Long-term Equity AnticiPation Securities (LEAPS®)
d) Futures
e) Warrants and rights
2) Tangible assets
a) Collectibles
b) Natural resources
c) Precious metals

35. Types of investment risk
A. Systematic/market/nondiversifiable
B. Purchasing power
C. Interest rate
D. Unsystematic/nonmarket/diversifiable
E. Business
F. Financial
G. Liquidity and marketability
H. Reinvestment
I. Political (sovereign)
J. Exchange rate
K. Tax
L. Investment manager

36. Quantitative investment concepts
A. Distribution of returns
1) Normal distribution
2) Lognormal distribution
3) Skewness
4) Kurtosis

B. Correlation coefficient
C. Coefficient of determination (R2)
D. Coefficient of variation
E. Standard deviation
F. Beta
G. Covariance
H. Semivariance

37. Measures of investment returns
A. Simple vs. compound return
B. Geometric average vs. arithmeticaverage return
C. Time-weighted vs. dollar-weighted return
D. Real (inflation-adjusted) vs. nominal return
E. Total return
F. Risk-adjusted return
G. Holding period return
H. Internal rate of return (IRR)
I. Yield-to-maturity
J. Yield-to-call
K. Current yield
L. Taxable equivalent yield (TEY)

38. Bond and stock valuation concepts
A. Bond duration and convexity
B. Capitalized earnings
C. Dividend growth models
D. Ratio analysis
1) Price/earnings
2) Price/free cash flow
3) Price/sales
4) Price/earnings ÷ growth (PEG)
E. Book value

39. Investment theory
A. Modern portfolio theory (MPT)
1) Capital market line (CML)
a) Mean-variance optimization
b) Efficient frontier
2) Security market line (SML)
B. Efficient market hypothesis (EMH)
1) Strong form
2) Semi-strong form
3) Weak form
4) Anomalies
C. Behavioral finance

40. Portfolio development and analysis
A. Fundamental analysis
1) Top-down analysis
2) Bottom-up analysis
3) Ratio analysis
a) Liquidity ratios
b) Activity ratios
c) Profitability ratios
d) Debt ratios
B. Technical analysis
1) Charting
2) Sentiment indicators
3) Flow of funds indicators
4) Market structure indicators
C. Investment policy statements
D. Appropriate benchmarks
E. Probability analysis, including Monte Carlo
F. Tax efficiency
1) Turnover
2) Timing of capital gains and losses
3) Wash sale rule
4) Qualified dividends
5) Tax-free income
G. Performance measures
1) Sharpe ratio
2) Treynor ratio
3) Jensen ratio
4) Information ratio

41. Investment strategies
A. Market timing
B. Passive investing (indexing)
C. Buy and hold
D. Portfolio immunization
E. Swaps and collars
F. Formula investing
1) Dollar cost averaging
2) Dividend reinvestment plans (DRIPs)
3) Bond ladders, bullets, and barbells
G. Use of leverage (margin)
H. Short selling
I. Hedging and option strategies

42. Asset allocation and portfolio diversification
A. Strategic asset allocation
1) Application of client lifecycle analysis
2) Client risk tolerance measurement and application
3) Asset class definition and correlation
B. Rebalancing
C. Tactical asset allocation
D. Control of volatility
E. Strategies for dealing with concentrated portfolios

43. Asset pricing models
A. Capital asset pricing model (CAPM)
B. Arbitrage pricing theory (APT)
C. Black-Scholes option valuation model
D. Binomial option pricing


INCOME TAX PLANNING (14%)

44. Income tax law fundamentals
A. Types of authority
1) Primary
2) Secondary
B. Research sources

45. Tax compliance
A. Filing requirements
B. Audits
C. Penalties

46. Income tax fundamentals and calculations
A. Filing status
B. Gross income
1) Inclusions
2) Exclusions
3) Imputed income
C. Adjustments
D. Standard/Itemized deductions
1) Types
2) Limitations
E. Personal and dependency exemptions
F. Taxable income
G. Tax liability
1) Rate schedule
2) Kiddie tax
3) Self-employment tax
H. Tax credits
I. Payment of tax
1) Withholding
2) Estimated payments

47. Tax accounting
A. Accounting periods
B. Accounting methods
1) Cash receipts and disbursements
2) Accrual method
3) Hybrid method
4) Change in accounting method
C. Long-term contracts
D. Installment sales
E. Inventory valuation and flow methods
F. Net operating losses

48. Characteristics and income taxation of business entities
A. Entity types
1) Sole proprietorship
2) Partnerships
3) Limited liability company (LLC)
4) Corporations
5) Trust
6) Association
B. Taxation at entity and owner level
1) Formation
2) Flow through of income and losses
3) Special taxes
4) Distributions
5) Dissolution
6) Disposition

49. Income taxation of trusts and estates
A. General issues
1) Filing requirements
2) Deadlines
3) Choice of taxable year
4) Tax treatment of distributions to beneficiaries
5) Rate structure
B. Grantor/Nongrantor trusts
C. Simple/Complex trusts
D. Revocable/Irrevocable trusts
E. Trust income
1) Trust accounting income
2) Trust taxable income
3) Distributable net income (DNI)
F. Estate income tax

50. Basis
A. Original basis
B. Adjusted basis
C. Amortization and accretion
D. Basis of property received by gift and in nontaxable transactions
E. Basis of inherited property (community and non-community property)

51. Depreciation/cost-recovery concepts
A. Modified Accelerated Cost Recovery System (MACRS)
B. Expensing policy
C. §179 deduction
D. Amortization
E. Depletion

52. Tax consequences of like-kind exchanges
A. Reporting requirements
B. Qualifying transactions
C. Liabilities
D. Boot
E. Related party transactions

53. Tax consequences of the disposition of property
A. Capital assets (§1221)
B. Holding period
C. Sale of residence
D. Depreciation recapture
E. Related parties
F. Wash sales
G. Bargain sales
H. Section 1244 stock (small business stock election)
I. Installment sales
J. Involuntary conversions

54. Alternative minimum tax (AMT)
A. Mechanics
B. Preferences and adjustments
C. Exclusion items vs. deferral items
D. Credit:creation, usage, and limitations
E. Application to businesses and trusts
F. Planning strategies

55. Tax reduction/management techniques
A. Tax credits
B. Accelerated deductions
C. Deferral of income
D. Intra-family transfers

56. Passive activity and at-risk rules
A. Definitions
B. Computations
C. Treatment of disallowed losses
D. Disposition of passive activities
E. Real estate exceptions

57. Tax implications of special circumstances
A. Married/widowed
1) Filing status
2) Children
3) Community and non-community property
B. Divorce
1) Alimony
2) Child support
3) Property division

58. Charitable contributions and deductions
A. Qualified entities
1) Public charities
2) Private charities
B. Deduction limitations
C. Carryover periods
D. Appreciated property
E. Non-deductible contributions
F. Appraisals
G. Substantiation requirements
H. Charitable contributions by business entities


RETIREMENT PLANNING (19%)

59. Retirement needs analysis
A. Assumptions for retirement planning
1) Inflation
2) Retirement period and life expectancy
3) Lifestyle
4) Total return
B. Income sources
C. Financial needs
1) Living costs
2) Charitable and beneficiary gifting objectives
3) Medical costs, including longterm care needs analysis
4) Other (trust and foundation funding, education funding, etc.)
D. Straight-line returns vs. probability analysis
E. Pure annuity vs. capital preservation
F. Alternatives to compensate for projected cash-flow shortfalls

60. Social Security (Old Age, Survivor, and Disability Insurance, OASDI)
A. Paying into the system
B. Eligibility and benefit
1) Retirement
2) Disability
3) Survivor
4) Family limitations
C. How benefits are calculated
D. Working after retirement
E. Taxation of benefits

61. Types of retirement plans
A. Characteristics
1) Qualified plans
2) Non-qualified plans
B. Types and basic provisions of qualified plans
1) Defined contribution
a) Money purchase
b) Target benefit
c) Profit sharing
1) 401(k) plan
2) Safe harbor 401(k) plan
3) Age-based plan
4) Stock bonus plan
5) Employee stock ownership plan (ESOP)
6) New comparability plan
7) Thrift plan
2) Defined benefit
a) Traditional
b) Cash balance
c) 412(i) plan

62. Qualified plan rules and options
A. Nondiscrimination and eligibility requirements
1) Age and service requirements
2) Coverage requirements
3) Minimum participation
4) Highly compensated employee (HCE)
5) Permitted vesting schedules
6) ADP/ACP testing
7) Controlled group
B. Integration with Social Security/disparity limits
1) Defined benefit plans
2) Defined contribution plans
C. Factors affecting contributions or benefits
1) Deduction limit (§404(c))
2) Defined contribution limits
3) Defined benefit limit
4) Annual compensation limit
5) Definition of compensation
6) Multiple plans
7) Special rules for self-employed (non-corporations)
D. Top-heavy plans
1) Definition
2) Key employee
3) Vesting
4) Effects on contributions or benefits
E. Loans from qualified plans

63. Other tax-advantaged retirement plans
A. Types and basic provisions
1) Traditional IRA
2) Roth IRA, including conversion analysis
3) SEP
4) SIMPLE
5) §403(b) plans
6) §457 plans
7) Keogh (HR-10) plans

64. Regulatory considerations
A. Employee Retirement Income Security Act (ERISA)
B. Department of Labor (DOL) regulations
C. Fiduciary liability issues
D. Prohibited transactions
E. Reporting requirements

65. Key factors affecting plan selection for businesses
A. Owner's personal objectives
1) Tax considerations
2) Capital needs at retirement
3) Capital needs at death
B. Business' objectives
1) Tax considerations
2) Administrative cost
3) Cash flow situation and outlook
4) Employee demographics
5) Comparison of defined contribution and defined benefit plan alternatives

66. Investment considerations for retirement plans
A. Suitability
B. Time horizon
C. Diversification
D. Fiduciary considerations
E. Unrelated business taxable income (UBTI)
F. Life insurance
G. Appropriate assets for tax-advantaged vs. taxable accounts

67. Distribution rules, alternatives,and taxation
A. Premature distributions
1) Penalties
2) Exceptions to penalties
3) Substantially equal payments (§72(t))
B. Election of distribution options
1) Lump sum distributions
2) Annuity options
3) Rollover
4) Direct transfer
C. Required minimum distributions
1) Rules
2) Calculations
3) Penalties
D. Beneficiary considerations/Stretch IRAs
E. Qualified domestic relations order (QDRO)
F. Taxation of distributions
1) Tax management techniques
2) Net unrealized appreciation (NUA)


ESTATE PLANNING (15%)

68. Characteristics and consequences of property titling
A. Community property vs. non-community property
B. Sole ownership
C. Joint tenancy with right of survivorship (JTWROS)
D. Tenancy by the entirety
E. Tenancy in common
F. Trust ownership

69. Methods of property transfer at death
A. Transfers through the probate process
1) Testamentary distribution
2) Intestate succession
3) Advantages and disadvantages of probate
4) Assets subject to probate estate
5) Probate avoidance strategies
6) Ancillary probate administration
B. Transfers by operation of law
C. Transfers through trusts
D. Transfers by contract

70. Estate planning documents
A. Wills
1) Legal requirements
2) Types of wills
3) Modifying or revoking a will
4) Avoiding will contests
B. Powers of Attorney
C. Trusts
D. Marital property agreements
E. Buy-sell agreements

71. Gifting strategies
A. Inter-vivos gifting
B. Gift-giving techniques and strategies
C. Appropriate gift property
D. Strategies for closely-held business owners
E. Gifts of present and future interests
F. Gifts to non-citizen spouses
G. Tax implications
1) Income
2) Gift
3) Estate
4) Generation-skipping transfer tax (GSTT)

72. Gift tax compliance and tax calculation
A. Gift tax filing requirements
B. Calculation
1) Annual exclusion
2) Applicable credit amount
3) Gift splitting
4) Prior taxable gifts
5) Education and medical exclusions
6) Marital and charitable deductions
7) Tax liability

73. Incapacity planning
A. Definition of incapacity
B. Powers of attorney
1) For health care decisions
2) For asset management
3) Durable feature
4) Springing power
5) General or limited powers
C. Advance medical directives (e.g. living wills)
D. Guardianship and conservatorship
E. Revocable living trust
F. Medicaid planning
G. Special needs trust

74. Estate tax compliance and tax calculation
A. Estate tax filing requirements
B. The gross estate
1) Inclusions
2) Exclusions
C. Deductions
D. Adjusted gross estate
E. Deductions from the adjusted gross estate
F. Taxable estate
G. Adjusted taxable gifts
H. Tentative tax base
I. Tentative tax calculation
J. Credits
1) Gift tax payable
2) Applicable credit amount
3) Prior transfer credit

75. Sources for estate liquidity
A. Sale of assets
B. Life insurance
C. Loan

76. Powers of appointment
A. Use and purpose
B. General and special (limited) powers
1) 5-and-5 power
2) Crummey powers
3) Distributions for an ascertainable standard
4) Lapse of power
C. Tax implications

77. Types, features, and taxation of trusts
A. Classification
1) Simple and complex
2) Revocable and irrevocable
3) Inter-vivos and testamentary
B. Types and basic provisions
1) Totten trust
2) Spendthrift trust
3) Bypass trust
4) Marital trust
5) Qualified terminable interest property (QTIP) trust
6) Pour-over trust
7) §2503(b) trust
8) §2503(c) trust
9) Sprinkling provision
C. Trust beneficiaries: Income and
remainder
D. Rule against perpetuities
E. Estate and gift taxation

78. Qualified interest trusts
A. Grantor retained annuity trusts (GRATs)
B. Grantor retained unitrusts (GRUTs)
C. Qualified personal residence trusts (QPRTs or House-GRITs)
D. Valuation of qualified interests

79. Charitable transfers
A. Outright gifts
B. Charitable remainder trusts
1) Unitrusts (CRUTs)
2) Annuity trusts(CRATs)
C. Charitable lead trusts
1) Unitrusts (CLUTs)
2) Annuity trusts (CLATs)
D. Charitable gift annuities
E. Pooled income funds
F. Private foundations
G. Donor advised funds
H. Estate and gift taxation

80. Use of life insurance in estate planning
A. Incidents of ownership
B. Ownership and beneficiary considerations
C. Irrevocable life insurance trust (ILIT)
D. Estate and gift taxation

81. Valuation issues
A. Estate freezes
1) Corporate and partnership recapitalizations (§2701)
2) Transfers in trust
B. Valuation discounts for business interests
1) Minority discounts
2) Marketability discounts
3) Blockage discounts
4) Key person discounts
C. Valuation techniques and thefederal gross estate

82. Marital deduction
A. Requirements
B. Qualifying transfers
C. Terminable interest rule and exceptions
D. Qualified domestic trust (QDOT)

83. Deferral and minimization of estate taxes
A. Exclusion of property from the gross estate
B. Lifetime gifting strategies
C. Marital deduction and bypass trust planning
D. Inter-vivos and testamentary charitable gifts

84. Intra-family and other business transfer techniques
A. Characteristics
B. Techniques
1) Buy-sell agreement
2) Installment note
3) Self-canceling installment note (SCIN)
4) Private annuity
5) Transfers in trust
6) Intra-family loan
7) Bargain sale
8) Gift or sale leaseback
9) Intentionally defective grantor trust
10) Family limited partnership (FLP) or limited liability company (LLC)
C. Federal income, gift, estate, and generation-skipping transfer tax implications

85. Generation-skipping transfer tax (GSTT)
A. Identify transfers subject to the GSTT
1) Direct skips
2) Taxable distributions
3) Taxable terminations
B. Exemptions and exclusions from the GSTT
1) The GSTT exemption
2) Qualifying annual exclusion gifts and direct transfers

86. Fiduciaries
A. Types of fiduciaries
1) Executor/Personal representative
2) Trustee
3) Guardian
B. Duties of fiduciaries
C. Breach of fiduciary duties

87. Income in respect of a decedent (IRD)
A. Assets qualifying as IRD
B. Calculation for IRD deduction
C. Income tax treatment

88. Postmortem estate planning techniques
A. Alternate valuation date
B. Qualified disclaimer
C. Deferral of estate tax (§6166)
D. Corporate stock redemption (§303)
E. Special use valuation (§2032A)

89. Estate planning for non-traditional relationships
A. Children of another relationship
B. Cohabitation
C. Adoption
D. Same-sex relationship


ADDENDUM

1. Client and planner attitudes, values, biases and behavioral characteristics and the impact on financial planning
A. Cultural
B. Family (e.g. biological; non-traditional)
C. Emotional
D. Life cycle and age
E. Client's level of knowledge, experience, and expertise
F. Risk tolerance
G. Values-driven planning

2. Principles of communication and counseling
A. Types of structured communication
1) Interviewing
2) Counseling
3) Advising
B. Essentials in financial counseling
1) Establishing structure
2) Creating rapport
3) Recognizing resistance
C. Characteristics of effective counselors
1) Unconditional positive regard
2) Accurate empathy
3) Genuineness and self-awareness
D. Nonverbal behaviors
1) Body positions, movements, and gestures
2) Facial expressions and eye contact
3) Voice tone and pitch
4) Interpreting the meaning of nonverbal behaviors
E. Attending and listening skills
1) Physical attending
2) Active listening
3) Responding during active listening; leading responses
F. Effective use of questions
1) Appropriate types of questions
2) Ineffective and counterproductive questioning techniques

http://www.cfp.net/Upload/Publications/164.pdf

http://cashflow4muslim.blogspot.com/search/label/Perencana%20Keuangan%20Syariah