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Course Details

Overview of Topics

  • Introduction to the subject
  • Employee Termination
  • Succession Planning
  • Key Person Life Insurance
  • Buy-Sell Agreements

Why You Should Attend ?

Through this webinar, you will learn to list non-insurance methods of mitigating risk within an organization and describe succession planning issues in an organization.

Course Description

Gone are the days where the CFO simply manages the preparation of financial statements for the organization. Now, more than ever, CFO’s are responsible for other operational parts of the organization, including risk management. This course is a how to guide for CFO’s that are being asked to take control of managing internal risks through non-insurance avenues. Most importantly, this course addresses the importance of and steps needed to implement a succession plan.

Learning objectives

  • List non-Insurance methods of mitigating risk within an organization
  • Describe succession planning issues in an organization
  • Discuss best practicies for employee termination

About Presenter

David Peters, CFP, CPA, ChFC®, CLU

Owner,Peters Professional Education, LLC

[email protected]

David Peters is the Founder and Owner of Peters Tax Preparation & Consulting in Richmond, VA, as well as a Financial Advisor for Peters Financial, LLC in Rock Hill, SC. He has over fourteen years of experience in financial services, including 3 years in the hedge fund industry and six years in the insurance industry. David was the first-ever Chief Financial Officer at - a position he held for over three years. He is a national CPE Instructor/Discussion Leader for the AICPA, Surgent, and Kaplan. He regularly teaches courses in accounting, finance, insurance, financial planning, and ethics throughout the United States. He holds four Masters degrees, and is currently pursuing his PhD in Financial Planning as well as a Juris Doctor degree from University of Dayton School of Law. He contributes regularly to various CPA publications, including NCACPA’s Interim Report, SCACPA’s CPA Report, and VSCPA’s Disclosures. He was also a co-author of the 2018 Virginia CPA Ethics course – a required course for all CPA’s licensed in the Commonwealth of Virginia.

Peters Professional Education provides high quality continuing education courses to financial professionals across several industries, including insurance, financial planning, and accounting. David Peters, the company’s founder, has over 14 years of experience in financial services and has taught courses in financial planning, taxation, risk management, data analytics, and business law for the AICPA, Kaplan Professional, Surgent, the Charlotte CPCU Society, the Virginia Society of CPA’s, and the SC Association of CPA’s. Peters Professional Education works with both CPA societies and financial firms to provide timely content that empowers financial professionals to better serve the evolving needs of their clients.

Review Questions

  • Question 1 : 15:15
  • Question 2 : 39:52
  • Question 3 : 45:45
  1. Which of the following should be collected from an employee when terminated except
  2. Which of the following are documents which can be used to detail proper succession of a business?
  3. Succession planning has an impact on which of the following groups:
  1. Who is the beneficiary on the life insurance policies in an entity buy-sell agreement?
  2. 2) Which of the following policies allows each business owner to own a policy on the other business owners?
  3. Risk Management is:
  4. 4) Succession planning consists of which of the following?
  5. 5) Which of the following should not be considered when choosing a key person life insurance policy?


  • myCPE self-study courses are online.
  • The self-study format allows you to access the material online 24/7 and study at your own pace.
  • As per NASBA guidelines, you have one year from date of registration to complete each program.
  • Complete your final exam at any time and get CPE Credit instantly. You can retake the exam multiple times without any additional charges.
  • Course have minimum passing score of 70% and test takers will not be provided feedback on failed exams.
  • Upon achieving a passing score, test takers will be notified of the correct answers to the questions missed.
  • These are Live recorded presentations converted into Self Study (On-Demand Videos).

Refund/Cancellation Policy

For more information regarding refund, complaint and program cancellation policies, please contact our offices at 646-688-5128

NASBA Approved

MY-CPE LLC, 1600 Highway 6 South, Suite 250, Sugar Land, TX, 77478

(Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website:

  • Cost $10
  • CPE Credits 1
  • Subject Area Business Management and Organization
  • Course Level Basic
  • Instructional Method QAS Self Study
  • Prerequisites None
  • Advanced Preparation None
  • Recorded Date October 02 ,2019
  • Published Date October 02 ,2019
  • Who should attend? Finance Pros Accountant CFO/Controller Business Owner QB Pro Advisor CPA - Small Firm CPA - Mid Size Firm CPA - Large Firm Accounting Firm Cybersecurity Pros CPA (Industry) Auditors CPA in Business Entrepreneurial CPA Outsourced CFO Finance Director Senior Accountant VP Accounts Accounts Director VP Finance
  • Handout Material Download
  • Key Terms Download