Determine the most valuable aspect of this course to you and explain how you plan to apply itto your personal financial practices.Share two ways that you feel you will be able to apply theconcepts you learned in this course to your current or future work position.

Financial Reporting Standard for Small and Medium-sized Entities (FRS for SMEs), The most valuable…

Answered: Determine the most valuable aspect of…

Pfin (with Mindtap, 1 Term Printed Access Card) (mindtap Course List)

7th Edition

ISBN:9780357033609

Author:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk

Publisher:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk

Chapter11: Investment Planning

Section: Chapter Questions

Problem 1LO

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Which of the following activities will worsen your chance of financial success? Check all that apply. Knowledge of the general condition and events occurring in the local, state, regional, national, and international economic environments. The development of an effective plan that is consistently applied until it is revised in accordance with changes in your goals and life circumstances. The development of personal financial goals and target dates that are consistent with your values, attitudes, and behaviors. Knowledge of what other average people believe and how they behave, because they affect the same financial markets and economic conditions that affect you..
For each of the following categories of information required for a comprehensive financial plan, describe in your own words the information that must be gathered: o Retirement Planning o Estate Planning o Risk Management o Employee Benefits o Family Planning o Educational Planning
Using this template, formulate and create a minimum of three SMART goals related to these aspects of personal financial planning. For each goal, also identify why this is an important financial goal for you at this time. Career planning and development Spending plan/cash flow analysis Tax planning Savings and investing Use of credit
Learning about Financial Planning Designations. Please research Financial Planning designations in general and specifically each of these 3 Financial Planning designations - CFP® ChFC® AFC ® Based on what you find include in your email what is involved in earning each of the 3 listed designations above? What main areas do they cover? In addition to the test needed for the designation, how many hours of experience do you need to receive each credential?
What specific skill and knowledge did you acquire in the identity SMART goal worksheet (personal finance)
What is the relevance of personal financial planning in a daily life of a student? And what is the steps in personal planning process?
Examine the economic environments influence on personal financial planning.
How will you, as a health care manager, be engaged in the long-term finance of your organization? Give specific instances of what you're talking about.
Professional financial planners should Multiple Choice A inform the client about the outcome of the plan. B assess their client's risk-and-return requirements on a one-time basis, explain the investment plan to the client, and inform the client about the outcome of the plan. C explain the investment plan to the client. D assess their client's risk-and-return requirements on a one-time basis. E explain the investment plan to the client and inform the client about the outcome of the plan.
With specific reference to your career ambitions, reflect on six (6) ways in which the tools and knowledge you have acquired through undertaking this programme has shaped your mindset and will impact your professional life. Write a summary report based on your reflections using the outline and instructions below.
How your inner assets would help you in achieving your future goals?
Would you advise a friend to invest in that company? Support your answer with a comprehensive explanation incorporating sound reasoning. Your advice should be well written with introductory and concluding paragraph. References should be appropriately cited.

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Determine the most valuable aspect of this course to you and explain how you plan to apply it to your personal financial practices.Share two ways that you feel you will be able to apply the concepts you learned in this course to your current or future work position.