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The virtue of planning.(from the editor)(Brief Article)(Editorial)
GFOA's 98th annual conference in Milwaukee this June bears an appropriate theme: "Financing the Future of Government." With governments at all levels still confronting significant fiscal pressure, this year's conference offers a great opportunity for finance officers to share their ideas on how to not only weather the immediate storm, but also to prepare for the future.
One of the most important lessons to be learned from the fiscal crisis of the last few years--any fiscal crisis, for that matter--is the need for effective long-term financial planning. While financial planning is no guarantee that your government will escape the pain of an economic downturn or some other unforeseen event, it can ease the pain and speed up recovery.
In this issue of Government Finance Review, two of the feature articles make reference to the elixir of long-term financial planning. Pall Gudgeirsson writes about how the recession of the early 1990s led the City of San Clemente to develop a long-term financial plan, and how that document ...
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- Magazine article from: National Underwriter Life & Health-Financial Services Edition Liddell, Skip February 2, 2004 700+ words
...legitimacy of any financial plan. What is the real...LTC insurance as a financial planning tool. Until recently...worthy of use as a financial planning tool. It is the...insurance in an existing financial plan. The table shows...
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- Magazine article from: Accounting Today Coghlan, J. Graydon January 5, 2009 700+ words
...win over logic. A financial plan can bolster logic...according to the Financial Planning Association. The...to the emotions. Financial planning, on the other hand...an investment. A financial plan and the counsel of...
- What's Your Financial Plan?(financial planning of graduates)
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...that will focus a parent's mind on financial planning, it's eight years of college payments...obligations more fully. Of course, Financial Planning always tries to give you tools to...Distinction for her marketing column in Financial Planning. Congratulations to you, Marie...
- New Quicken Financial Planner Lets Users Create a Personal Financial Plan in...
- Press release article from: Business Wire May 6, 1996 700+ words
...to-use financial planning software...create a basic financial plan in minutes...an overall financial plan. With these...personalized financial plan and take control...Personal financial planning gives people...
- The importance of business succession planning in the overall financial...
- Magazine article from: Mississippi Business Journal Fortenberry, Jeramie J. October 1, 2007 700+ words
...out triggered by death of one of the owners. * The business succession plan must be in tune with the owner's overall financial plan. Bad coordination between the estate and estate business plan (including failure to provide liquidity for estate taxes...
- Financial planning tools build profits: These products test, simulate, review,...
- Magazine article from: Accounting Technology McClure, Dave April 1, 2002 700+ words
...firms alike, financial planning has provided...the average financial plan nets less than...address the financial plan within the context...the market for financial planning and advice remains...themselves, financial planning and wealth management...play ...
- Financial plan lacking.(survey of small business owners on financial...
- Magazine article from: Fairfield County Business Journal October 29, 2001 700+ words
...owners or part owners of businesses of that size have formal financial plan. The study, a joint project of Brightwork Partners, based...employees are much more likely to have a formal, written financial plan. More than two-thirds of this group have a written plan...
- RETHINKING: Financial Planning and Health Insurance.
- Magazine article from: Inside MS COOPER, LAURA September 22, 1998 700+ words
...multiple sclerosis about financial planning is the number of people...current job and position. Financial planning Everyone has a financial plan whether they realize...t know anything about financial planning. Besides, you can absolutely...
Source: HighBeam Research, The virtue of planning.(from the editor)(Brief Article)(Editorial)