California Financial Services Standards Alignment
The state of California’s Department of Education publishes a set of educational standards for the Financial Services Career Pathway, recommended for CTE programs. We strive to align to these standards, which consists of a fusion between accounting, management, investing, career development, and personal finance topics. We also have additional activities available in each of these subject areas as a perfect supplement to the Financial Services career pathway.
Activity Type Key:
Articles
Videos
Interactive Calculators
Comprehensice Tools
Includes Built-In Assessment
| Standard | Activity | Activity Type |
| Create and use budgets to guide financial decision making. | Income and Compensation | |
| Certifications in the Finance Industry | ||
| What is Opportunity Cost? | ||
| Why invest in Stocks? | ||
| Investing Strategies | ||
| Planning Long Term Purchases | ||
| Using Credit | ||
| Credit Cards | ||
| Credit Reports | ||
| Spending and Savings Plans | ||
| Tax Filing and the 1040 EZ | ||
| Common Tax Deductions | ||
| Common Tax Additions | ||
| Protecting Against Fraud | ||
| Explain how the application of Generally Accepted Accounting Principles (GAAP) impacts the recording of transactions and the preparation of financial statements. | Understanding the role of accountants in business and society | |
| GAAP – Financial Reporting and Terms | ||
| Tax Filing and the 1040 EZ | ||
| Common Tax Deductions | ||
| Common Tax Additions | ||
| Interpret financial formulas commonly found in financial institutions to aid in the growth and stability of financial services. | Credit Cards | |
| Importance of Interest Rates | ||
| What are Financial Records? | ||
| Reconciling accounts | ||
| Budgeting and Spending Strategies | ||
| Using Excel to track your portfolio | ||
| Percents, Fractions and Ratios | ||
| Interpret financial data, analyze results, and make sound business decisions to promote a financially healthy business. | Financial Analysis through key ratios | |
| Analyzing Financial Statements | ||
| What is an Income Statement? | ||
| What is a Balance Sheet? | ||
| What is a Cash Flow Statement? | ||
| Tax Filing and the 1040 EZ | ||
| Common Tax Deductions | ||
| Common Tax Additions | ||
| Evaluate the impact of federal, state, and local regulations on financial management decisions. | What is the Federal Reserve? | |
| Bankruptcy | ||
| Common Tax Deductions | ||
| Sales Tax | ||
| Apply economic concepts as they relate to financial services. | What is Economic Growth? | |
| Understanding Price Movements | ||
| Major Economic Indicators (GDP, CPI, Jobs) | ||
| The Business Cycle | ||
| Importance of Interest Rates | ||
| Unemployment | ||
| Issuing stock and dividends | ||
| Explain the concepts, role, and importance of international finance and risk management. | International Trade | |
| Types of Insurance | ||
| Home Owner’s Insurance | ||
| Life Insurance | ||
| Banks, Credit Unions, and Savings and Loans | ||
| Evaluate the variety, nature, and diversity of investment vehicles and the elements that contribute to financial growth and success. | Reconciling accounts | |
| Certifications in the Finance Industry | ||
| Human Resource Planning | ||
| What is a Brokerage? | ||
| Short-Term Financing |