The Financial Planning Body of Knowledge (FP-BoK) describes knowledge expected of CFP® professionals and QAFP™ professionals.
Bloom’s Taxonomy is a widely used educational classification system for defining, distinguishing and categorizing different levels of cognitive thinking. It provides the framework for the Financial Planning Body of Knowledge (FP-BoK).
The verbs used in the FP-BoK articulate the depth of knowledge expected of QAFP professionals and CFP professionals and align with those used in Bloom’s Taxonomy.
To state exactly the meaning of
To be aware of / to recognize and correctly name / to locate an appropriate resource
To make clear the meaning of / to describe something in more detail or reveal relevant facts or ideas related to it
To note the similarities and differences between two or more things
To determine an approximate value for
To find the value using mathematics
To change from one form or purpose to another
To reach a conclusion or make a through careful study
To give the meaning of / to construe or understand / to translate orally