Basis-Finanzanalyse für Privathaushalte nach DIN 77230

Basic financial analysis for private households according to DIN 77230
Practical applications

(Please note: This title is only available in German.)

DIN 77230 has served as a practical guideline for the systematic financial analysis for private households for several years. The standard guides you through the entire analysis process and is intended to ensure transparent and reliable standards in financial advice for private households. This book (in German only) offers a working aid for the effective application of the standard. It provides a compact and easy-to-understand introduction to the topic of standard-compliant financial advice.

"Basic financial analysis for private households according to DIN 77230" supplements the relevant software applications with the corresponding content of the standard. In the new edition, the subject areas have been reorganized and structured more clearly (e.g. old-age provision, property insurance) and the topic of customer preferences for sustainability has been included. The book has also been expanded to include an insight into the needs analysis of commercial customers and a section on risk analysis.

The following topics are covered:

• Introduction to DIN 77230
• Practical examples
• Presentation of results
• Sustainability preferences
• Risk assessment
• Calculations

You can find downloadable PowerPoint slides for consulting purposes in the DIN Mediathek.
 

Optimal aid for financial consulting in accordance with DIN 77230

DIN 77230 provides a binding framework that is extremely useful for people working in financial consulting. It regulates aspects such as the amount of cover, be it for surviving dependants, in the event of occupational disability or an accident, the appropriateness of debts or the prioritization of financial issues. In this way, the standard - and this book - relieve those involved of a great deal of analytical work and facilitate sustainable and successful dealings with the customer base.

The book supports the application of the standard with the following contents:

• Basic financial analysis
  Cover, provision and wealth planning: DIN 77230 guides you through the basic financial analysis for private households, and this reference book accompanies you throughout the entire process. The book explains the principles on which the standard is based and shows when, how and for whom it should be applied. Original passages from the standard are quoted and commented.
   
• Related standards
  The book offers an excursus on DIN 77235, which deals with financial and risk analysis for business customers, as well as information on risk profiling in accordance with DIN 77223.
   
• Sample case
  The various steps and aspects of the basic financial analysis according to DIN 77230 are explained using a sample case, from data collection and evaluation to the presentation of results.

“Basic financial analysis for private households according to DIN 77230" also contains calculation aids in the appendix, which can be carried out either with a financial mathematical calculator or using formulas.
 

Included in this book:

• Introduction
• What are DIN Standards?
• Introduction to DIN 77230
• Financial topics
• Presentation of results
• Detailed regulations
• Sustainability and the DIN Standard
• Risk profiling – DIN 77223
• Sample case
• Conclusion
• Appendix – Calculations
   

This book is for:
Advisors in banks, insurance brokers, insurance intermediaries, private financial advisors (IFA), consumer protection, personal certification (DEFINO), training and further education in the field of financial advice