AFCC® Core Competencies

Set the Stage and Gather Client Information (10%)

• Establish the counselling environment

• Gather client information

• Form a strategic counselling plan

Assist a Client in Creating an Action Plan (12%)

• Assist a client in establishing goals

• Assist a client to identify strategies to attain goals

Develop Financial Statements, Ratios and Spending Plans (10%)

• Educate a client about a cash flow statement

• Educate a client about a net worth statement

• Educate a client about personal financial ratios

• Educate a client about spending plans

Manage Money (15%)

• Educate a client about financial services

• Familiarize a client about basic tax management

• Discuss employment considerations with a client

Manage Credit and Debt (15%)

• Educate a client about uses of credit

• Educate a client about credit reports and scores

• Educate a client about credit products

• Educate a client on debt management

• Educate a client about identity theft

Educate a Client about Major Acquisitions (10%)

• Acquire property

• Educate a client about renting a home

• Educate a client about purchasing a home

• Educate a client about selling a home

• Educate a client about consumer rights and responsibilities

Manage Financial Risks (9%)

• Educate a client about financial risk

• Educate a client about insurance products

Discuss Investment Basics with a Client (10%)

• Educate a client about investment fundamentals

• Educate a client about investment choices

• Educate a client about investor protection

Educate a Client about the Financial Aspects of Retirement and Estate Planning (9%)

• Educate a client about retirement planning

• Educate a client about estate planning