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Gorani & Associates
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Financial Planning ,[object Object],[object Object],[object Object],[object Object]
Meaning Financial planning is deciding in advance the course or line of action for the future in respect of the financial management of the firm. Financial plan is statement estimating the amount of capital and determining its composition. The quantum of funds needed will depend upon the asset requirements of the business. It highlights on the pattern of financing. It spells out the policies and the time of floatation of various corporate securities.
Definition ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Contd.. ,[object Object],[object Object]
Principles of a sound financial plan ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Objectives of a financial plan ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Factors affecting financial plan ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Estimating long term and short term financial needs ,[object Object],[object Object],[object Object],[object Object],[object Object]
Factors affecting the estimations of fixed assets requirements ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Estimation of intangible assets requirements ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Limitations of Financial Planning ,[object Object],[object Object],[object Object],[object Object]

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Financial Plan

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  • 2. Meaning Financial planning is deciding in advance the course or line of action for the future in respect of the financial management of the firm. Financial plan is statement estimating the amount of capital and determining its composition. The quantum of funds needed will depend upon the asset requirements of the business. It highlights on the pattern of financing. It spells out the policies and the time of floatation of various corporate securities.
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