Selecting a financial planner
Article Abstract:
Financial planners help people assess financial goals and develop plans to achieve them. Financial planning services include: balance sheet preparation and analysis, income tax preparation, cash flow projecting, long-term income accumulation planning, insurance analyses, and estate planning. Financial planning charges may reflect flat fees, commissions, or both. Regulations and registration requirements have not been established for financial planners, although investment advisors register with the SEC. Individuals with certain educational credentials may be designated as Certified Financial Planners or Chartered Financial Consultants. The International Association for Financial Planning and the Institute of Certified Financial Planners are the professional associations for financial planning. These groups make referrals to those seeking financial planning services.
Publication Name: Business
Subject: Business
ISSN: 0163-531X
Year: 1987
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Financial reform in China: the issue of stock
Article Abstract:
Firms located in China which have been attempting to define new avenues of finance have been issuing numerous kinds of stock issues. According to 1984-1985 statistics, businesses in Shanghai issued $6.25 million worth of stock shares. Experts on financial reform in China disagree about the benefits of issuing stock and creating a stock exchange. Some believe that sale of public stock will make it difficult to monitor investment, while others believe stocks provide an important business incentive. Currently, the price of stock in China may not change and stocks cannot be exchanged freely. For the market in stocks to expand in the future, it is believed that there is a need to educate the Chinese about how stocks work, as well as a need to focus on various practical and technological problems, such as auditing, accounting, and legal services.
Publication Name: Business
Subject: Business
ISSN: 0163-531X
Year: 1990
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Forecasts in audited financial reports - are they here to stay?
Article Abstract:
The volatility of the economy is causing accountants to include forecasts in their financial statements. One advantage of forecasts is that they allow potential investors to evaluate the future of firms more easily. The disadvantages of forecasts include their potential for being incorrect and the possibility of forcing management to defend every assumption about previous business decisions related to the forecasts. Accountants can decrease the possibility of litigation by adhering to professional standards and ethics when preparing forecasts.
Publication Name: Business
Subject: Business
ISSN: 0163-531X
Year: 1990
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