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Long term financial plan |
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Long term financial planFinancial plan covering two or more years of future operations.Long term financial plan Similar MatchesSociety for Worldwide Interbank Financial TelecommunicationsSociety for Worldwide Interbank Financial TelecommunicationsAn international body which sets protocols and standards for international payment systems, such as electronic money transfers. Indirect costs of financial distressIndirect costs of financial distressCosts such as lost business as a result of bankruptcy or liquidation. Institute of Financial PlanningInstitute of Financial PlanningThe UK professional body committed to the development of financial planning. The Institute was set up in 1986 and draws its members from accountancy, insurance, taxation, stockbroking, education and legal professions. Its stated objectives include 'promotion of the profession and practice of financial planning, increasing public awareness for the need for financial planning, creating of recognised professional qualifications for members, ensuring professional standards through a Code of Ethics and screening of new members, encouragement of education in the theory and practice of financial planning and the sharing of knowledge with other professionals'. A financial planner may be from any relevant professional background.To obtain Associate status a planner must hold a relevant professional qualification such as the Advanced Financial Planning Certificate (AFPC) and have three years related experience. Fellowship is available subject to the passing of a further examination and a longer period of experience. A list of Certified Financial Practitioners is established in the 'Registry' and is available to members of the public from the Institute. These practitioners are independent and are obliged to offer a fee basis. They must be prepared to offer a financial planning service separate from investment business if requested by a client. Reference to a Certified Financial Planner would usually be relevant to people seeking a higher level of advice or those with more complex requirements. Integrated financial marketIntegrated financial marketA market in which there are no barriers to financial flows, and the same risk asset commands the same expected return, irrespective of domicile. Financial futureFinancial futureA contract entered into now that provides for the delivery of a specified asset in exchange for the selling price at some specified future date. Further SuggestionsFinancial plannerFinancial supermarket Financial instrument Financial Times (F T) Actuaries indexes Corporate financial planning Nonfinancial assets Financial Services Compensation Scheme Financial Services Act 1986 Financial assets Nonfinancial services Corporate financial management Financial Times Indices Chief Financial Officer (CFO) International financial institution London International Financial Futures and Options Exchange (LIFFE) Consolidated financial statement Financial capital London International Financial Futures and Options Exchange Dupont system of financial control Financial institution buyer credit policy financial pager Financial leverage clientele Chartered Financial Analyst (CFA) Direct costs of financial distress Statement of Financial Accounting Standards No 8 |
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