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Finance → Texas PFIA Bundles

PFIA 10 Hour (2025) (VLC_PFIA10_25)


Description

In accordance with the Texas Public Funds Investment Act ( https://statutes.capitol.texas.gov/Docs/GV/htm/GV.2256.htm ), this course is a bundle of ten (10) separate training courses to provide a ten (10) hour training certificate of required PFIA Training.

The individual courses are :


Section 1 - Investment Process
Section 2 - Investment Policy Development
Section 3 - Risk Management
Section 4 - Cash Flow
Section 5 - Fundamental of all Securities
Section 6 - US Treasury Securities
Section 7 - US Agency Securities
Section 8 - Certificate of Deposit
Section 9 - Pools and Funds
Section 10 - Reporting


All sections need to be completed sequentially. Each section has a test that must also be completed before advancing to the next section.

TDLR Course #: 30249

Content
  • Investment Process
  • 1.1 Introduction
  • 1.2 Prudent Person Rule
  • 1.3 Three R's of Investing
  • 1.4 Steps in Investment Process
  • -Test Investment Process
  • Investment Policy Development
  • 2.1 Introduction
  • 2.2 Developing the Policy
  • 2.3 Necessary Elements (Part I)
  • 2.4 Necessary Elements (Part II)
  • 2. 5 Necessary Element (Part III)
  • -Test Investment Policy Development
  • Risk Management
  • 3.1 Introduction
  • 3.2 Credit , Liquidity Risk
  • 3.3 Market Volatility, Collateral Risk
  • 3.4 Reinvestment, Extension, Overall Control
  • -Test Risk Identification and Management
  • Cash Flow
  • 4.1 Introduction
  • 4.2 Cash Flow Analysis, Scheduling and Forecasting
  • 4.3 Planning with Cash Flow for Investments
  • -Test Cash Flow Analysis
  • Fundamentals of all Securities
  • 5.1 Introduction
  • 5.2 Book-Entry Securities and Fed Wire
  • 5.3 Two Types of Basic Security Structure
  • -Test Fundamentals of all Securities
  • US Treasury Securities
  • 6.1 Introduction
  • 6.2 US Treasury Securities
  • 6.3 Treasury Notes and Bonds
  • -Test US Treasury Securities
  • US Agency Securities
  • 7.1 Introduction
  • 7.2 Variety in Agency Debenture Securities
  • 7.3 Mortgage, Backed and Collateralized Securities
  • -Test Agencies and Instrumentalities
  • Certificate of Deposit
  • 8.1 Introduction
  • 8.2 Simple CD's
  • 8.3 Different Types of CD's
  • -Test Certificate of Deposit
  • Pools and Funds
  • 10.1 Introduction
  • 10.2 Bond and Short Term Funds
  • 10.3 Types of Pools
  • -Test Pools and Funds
  • Reporting
  • 11.1 Introduction and Compliance
  • 11.2 Key Elements
  • 11.3 Yield and Pricing
  • 11.4 Report Types
  • -Test Reporting
  • Course Completion Survey
Completion rules
  • All units must be completed
  • Leads to a certificate with a duration: 2 years
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