Common Planner
K–12 Standards

Financial Planning II

Other North Carolina CTE sets

Understand risk management and insurance.1.00 fp2

  • 1

    Explain the nature of risk management.1.01fp2

  • 2

    Explain the role of ethics in risk management.1.02fp2

  • 3

    Discuss the legal considerations affecting risk management.1.03fp2

  • 4

    Describe the nature of the insurance industry.1.04fp2

Understand corporate governance.2.00fp2

  • 1

    Discuss the importance of corporate governance in business.2.01fp2

  • 2

    Describe the components of a well-governed company (e.g., board of directors, reporting, transparency, internal and external audit functions).2.02fp2

  • 3

    Ascertain employee's role in achieving governance objectives.2.03fp2

  • 4

    Identify the factors that impact governance structures.2.04fp2

Understand the role of accounting in business.3.00 fp2

  • 1

    Explain the concept of accounting.3.01 fp2

  • 2

    Discuss the role of ethics in accounting.3.02 fp2

  • 3

    Explain the nature of business plans.3.03fp2

Understand finance and the global economy.

  • 1

    Describe factors that affect the business environment. 

  • 2

    Discuss the nature of convergence/consolidation in the finance industry. 

  • 3

    Discuss the global environment in which businesses operate. 

  • 4

    Explain the nature and scope of financial globalization. 

  • 5

    Describe the relationship between economic conditions and financial markets. 

Understand financial legalities and compliance. 

  • 1

    Describe the nature of taxes. 

  • 2

    Discuss the effect of tax laws and regulations on financial transactions. 

  • 3

    Discuss the nature, scope and technology of compliance in the finance industry. 

Understand ethical leadership.

  • 1

    Describe the nature of ethics. 

  • 2

    Demonstrate honesty and integrity. 

  • 3

    Explain the concept of leadership. 

  • 4

    Explain the nature of ethical leadership. 

Frequently asked questions

What grade levels do these standards cover?
Grade 9, Grade 10, Grade 11, and Grade 12
Where can I read the official document?
NC Course Management System

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