Financial plan

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Financial plan

A blueprint relating to the financial future of a firm.

Financial Plan

A summary of a company's financial needs or goals for the future and how to achieve them. Corporate financial planning involves deciding what investments and activities would be most appropriate under both the company's individual 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 predictable in the short term. Likewise, short-term financial plans are more easily amended in case something goes wrong.

Financial plan.

A financial plan is a document that describes your current financial status, your financial goals and when you want to achieve them, and strategies to meet those goals.

You can use your plan as a benchmark to measure the progress you're making and update your plan as your goals and time frame change.

Financial planners and other investment professionals can help you create a plan, identify appropriate investments and insurance, and monitor your portfolio. You may pay a one-time fee to have a plan created, or it may be included as part of a fee-based account with a stockbroker or investment adviser.

References in periodicals archive ?
Forward-looking statements should not be regarded as representations by the Company that its objectives or plans will be achieved or that any of its operating expectations or financial forecasts will be realized.
Since there is no guidance in the SSARS literature about the issuance of draft financial statements, ARSC will develop an interpretation that will parallel the guidance in footnote 4 of the Guide for Prospective Financial Statements, which was prepared by the AICPA financial forecasts and projections task force and issued in 1986.
The authority's financial forecasts, which include the impact of Maersk, the initiation of the development of the CIP, and conservatively estimates the growth rate in cargo traffic to be below historical levels, shows that coverage levels (including the commonwealth transfer) will approach the 1.
the ability to create more accurate financial forecasts and plans based on key operational drivers and standard data definitions;
Financial forecasts for key autoimmune disease therapies as well as overall disease category value through 2010
Maintenance of the core subsidiaries' FSR and ICRs is dependent upon medium-term alignment and management's financial forecasts.
She has been instrumental in the corporate-wide implementation and ongoing maintenance of Section 404 of the Sarbanes-Oxley Act and has been involved with preparing financial forecasts, so the transition to this position is the next logical step.

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