Welcome to FIQA

Beginning Your Financial Journey: The Interior Finance Point

Your Journey to Financial Well-Being; Human Capital: An Essential Element of Financial Well-Being; Financial Risk Tolerance and Financial Goal Achievement; Financial Risk Tolerance and Financial Goal Achievement; Financial Goal and Time Perspective; Psychology and Financial Well-Being. 

Tools for Your Financial Journey

The Power of Compound Growth; Overview of Time Value of Money; Time Value of Money Calculations; Your Starting Point: The Balance Sheet; The Personal Budget; Your Financial Plan.

Earnings and Income: The Building Block of Your Financial Journey

Income: Produce More Than You Spend; Employment Earnings; Self-Employment Income; Investment Income; Capital Gain Income; Government Benefits: The Safety Net for Income.

Personal Taxation

Understanding Your Taxes; Federal Income Tax Base; Federal Income Tax Rates; Federal Income Tax Credits; Federal Self-Employment Taxes; Income Tax-Planning Strategies.

Checking Accounts, Credit Scores, and Credit Cards

Checking Account: The Basics; Debit and Prepaid Cards and Electronic Transfers; Cost of Borrowing; Credit Reports; Credit Scores; Credit Cards.

Loans and Housing Decisions

High-Cost Consumer Loans; Personal Loans; Financial Aid and Student Loans; Auto Loans; Housing: The Basics of Renting; Buying a Home.

The Foundation of Savings

Risk, Returns, and Investment Pyramid; Building and Maintaining and Emergency Fund; Savings Accounts; Using Roth IRAs Effectively; U.S. Savings Bonds; Custodial Accounts and Asset Ownership for Minors; Financial Fraud and Identity Theft.

Investments

Stocks: An Introduction; Stocks: Valuation and Ownership; Bonds: An Introduction; Mutual Funds; Exchange-Traded Funds; Domestic versus Foreign Investments; Risk, Returns, and Investments Portfolios; Brokerage Accounts; Investing in Real Estate; Investing Alternatives: Collectibles, Auctions, and Other Techniques; Protecting Your Investments.

Risk Management: The Role of Insurance

Insurance: What it is and Why You Need It; Health Insurance; Disability Insurance: Protecting Your Income from Life’s Unexpected Events; Life Insurance: Do You Really Need It? Automobile Insurance; Homeowner’s and Renter’s Insurance: Protecting Your Personal Belongings; Long-Term Care Insurance. 

Planning for the Future: Retirement and Estate Planning

Planning for Your Retirement; Individual Retirement Accounts (IRAs); Property Ownership and Trusts; Wills: A fundamental Estate Planning Tool; Living Wills and Powers of Attorney; Obtaining Help from Financial Professionals

Real Estate

Becoming a Real Estate Agent: Decide if Real Estate Agent is the Right Career for You; Is 2024 a Good Time to Become a Real Estate Agent; Meet Your State’s Minimum Age and Education Requirement; Take Real Estate Education Courses; Pass the State Exam; Real Estate Licensing Costs; Work Under a Licensed Broker; Have the Funds to Get Started; Know Your Market; Keep Learning; Adapt to Changes in Your Market.

Becoming a Real Estate Broker: Complete a State-Approved Real Estate Broker Pre-Licensing Course; Submit a License Application; Get a Fingerprint-Based Background Check; Pass the Real Estate Broker Exam; Wait for Your Application to be Reviewed; Work as a Real Estate Agent; Get Real Estate Certifications; Join a Brokerage Firm; Only Real Estate Agents Who are Members of the National Association of Realtors (NAR) can use the Title of Realtor and Must Subscribe to NAR's Strict Code of Ethics.

Real Estate Finance; Specifics of Real Estate Investment Trusts (REITs).

Becoming a Tax Preparer (W2 and 1099NEC)

Education Requirements; Obtaining Your EIN, Target Market, Obtaining Your PTIN; Selecting a Software; Understanding Tax Rules; Pass the Tax Preparer’s Exam; Funding

Starting a Business

Obtaining Your EIN; Income Reporting Relationship between the Sole Proprietorship, L.L.C., and S-Corporation; Understanding the Tax Implications of a Sole Proprietorship, L.L.C., and an S-Corporation; Understanding Your W2 and 1099NEC; Understanding the Effects of Self-Employment Tax.

Introduction to Financial Statements

Forms of Business Organizations; Users and Uses of Financial Statements; Business Activities; Communicating with Users: Income Statement; Retained Earnings Statement, Balance Sheet; Statement of Cash Flows; Interrelationships of Statements; Other Elements of an Annual Report. 

The Accounting Information System

Accounting Transactions; Analyzing Transactions; Summary of Transactions; The Account: Debits and Credits; Debit and Credit Procedure; Stockholder’s Equity Relationships; Summary of Debit and Credit Rules; Steps in the Recording Process; The Journal; The ledger; Chart of Accounts; Posting; The Recording Process Illustrated; Summary Illustration of Journalizing and Posting; The Trial Balance: Limitations of the Trial Balance. 

Arithmetic

Understanding Whole Numbers; Place Values; Addition; Subtraction; Multiplication; Division; Factoring; Fractions.

Writing a Business Plan

Executive Summary

Company Description

Market Analysis

Organization and Management

Service or Product Line

Marketing and Sales

Funding Request

Financial Projections

Introduction to Electrical Maintenance 

Electrical Basics; Electrical Safety; Basic Electrical Components; Circuit Theory; Troubleshooting Techniques.

English Writing

Elements of Great Writing Teaches the Fundamentals of Organized Writing, Accurate Grammar, and Precise Mechanics; Building Better Vocabulary Provides Practice With Carefully-Selected, Level-Appropriate Academic Words; Building Better Sentences Helps Writers Develop Longer and More Complex Sentences; Writing Activities Allow Participants to Apply What They Have Learned by Guiding Them Through Writing, Editing, and Revising.