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Tax planning |
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Tax planningDevising strategies throughout the year in order to minimize tax liability, for example, by choosing a tax filing status that is most beneficial to the taxpayer.Tax planning Similar MatchesMaterials requirement planningMaterials requirement planningComputer-based systems that plan backward from the production schedule to make purchases in order to manage inventory levels. Financial planningFinancial planningEvaluating 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. Quality Planning/RedesignQuality Planning/RedesignCreating new or redesigned products/services/processes to meet customer requirements. The steps of this method are Organize the project, Identify key customers, Determine requirements, Establish quality indicators, Design, Strengthen the design, Test the design, Implement and improve. 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. Planning horizonPlanning horizonThe length of time a model or investor or plan projects into the future. Further SuggestionsCorporate financial planningCentral planning financial planning Floor planning |
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