AFIP Certification Study Group - Session II with Brian Lombardi (10:00 am C...
AFIP’s “Study Group” series consists of three 90-minute conference calls each month, with each session covering a third of the course. The topics for each session are listed below. The study groups address key points required to pass the AFIP certification exam, with an emphasis on the “how” and “why” of the regulations – which makes them easier to remember and apply to daily routines. The sessions also provide an opportunity for questions and discussion.
If you take advantage of all three study sessions and the final exam review, you’ll benefit from 6.5 hours of assisted study support. Candidates who participate in the study groups score higher on the certification exam.
You are not required to take the sessions in order – if you miss one you can participate the next time it’s offered. David Robertson, AFIP Executive Director, will facilitate the Study Groups.
Study Group Outline
Segment 1. Getting Started & Understanding the Law
Segment 2. Contracts
Segment 3. The Truth in Lending Act – Regulation Z (Includes the Holder Rule)
Segment 4. The Consumer Leasing Act – Regulation M
Segment 5. Information Common to Regulation Z & Regulation M
Segment 1. The Equal Credit Opportunity Act – Regulation B
Segment 2. The Fair Credit Reporting Act
Risk-Based Pricing Rule
Red Flags Rule
Adverse Action Notice (Includes ECOA / Reg. B)
Segment 3. The Gramm-Leach Bliley Act
Financial Privacy Rule
Segment 4. The FTC Used Car Rule (FTC Buyers Guide)
Segment 5. The Credit Practices Rule
Segment 6. The IRS 8300 / FinCEN 8300
Segment 1. OFAC – The Office of Foreign Asset Control – USA PATRIOT Act
Segment 2. The Do-Not Contact Rules
Segment 3. The Magnuson-Moss Warranty Act
Segment 4. Aftermarket Products
Vehicle Service Contracts
Credit Life and Credit Disability Insurance
Segment 5. The Federal Odometer Act
Segment 6. Credit History Report Practices
General Information – FICO Auto-Enhanced Credit Score
Segment 7. E-SIGN ACT
“Delivery of Copies a Customer Can Keep”
Segment 8. Ethics Module
Segment 9. State Law Overview
Questions and Open Discussion
Two AFIP Examination final reviews are scheduled each month. Go to http://www.afip.com/calendar.htm to view the calendar or check the upcoming reviews posted in eventbrite and register to attend. Each final review runs around 2-3 hours and will cover the state exam.
Date and Time
Conference Call: Dial in: 877-768-8644 | Conference code 7550915013 pin 2123