Financial planning


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Financial planning

Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against that plan.

Financial Planning

The process of determining a person's or firm's financial needs or goals for the future and the means to achieve them. Financial planning involves deciding what investments and activities would be most appropriate under both personal and broader economic circumstances. All things being equal, short-term financial planning involves less uncertainty than long-term financial planning because, generally speaking, market trends are more easily predictable in the short term. Likewise, short-term financial plans are more easily amendable in case something goes wrong as a result of the short time frame.
References in periodicals archive ?
8220;This initiative's goal is to help energize pro bono financial planning efforts with one-on-one pro bono financial planning opportunities for underserved populations,” said James A.
Until you're exposed to financial planning, you just don't know.
the forward-looking scope of the engagement expands to include financial planning.
The AICPA Personal Financial Planning (PFP) community Web site provides CPAs with the resources, tools and information they need to offer professional and ethical financial planning services from one central location.
To further expand its presence in the consumer side of financial planning, the AICPA developed financial planning resources specifically for the public's use which are now available on the AICPA's Web site (www.
Bernstein is Director of the AICPA Personal Financial Planning Team.
Capital Area Asset Builders of Washington, DC will expand the financial planning components of its financial education programs and provide its low- and moderate-income constituents with access to volunteer CFP([R]) professionals through events and online resources.
Surveys conducted by the AICPA and others throughout the 1980s and 1990s suggested there was an increasing number of individuals that needed financial planning guidance in combination with the expertise of a CPA, as financial technicalities became a larger part of successful personal financial planning.
For example, more than 80 top accounting and financial planning firms recently formed a federally chartered trust company, National Advisors Trust.
Expert speakers cover information technology, financial planning, insurance services, and the psychological aspects of disasters, among other topics.
Many CPAs are starting to express an interest in providing financial planning services, including IA services.

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