List and define the major categories on the assets side of the balance sheet.
The major categories listed on the assets side of the balance sheet include (1) cash and ca
WMGT 605: Financial Planning Strategies
Godbold School of Business
Fall Semester, 2016
6-8:30 PM Tuesdays, 3 Credits
In Class meeting dates: August 30, Sept 6, Oct 4, Nov 1, Nov 15, Dec 6
Michelle T. Garey, CFA
What is personal financial planning?
Personal financial planning is the comprehensive process of formulating, implementing, and monitoring
financial decisions into an integrated plan that
Identify and discuss the 3 general schools of thought for counseling.
There are three (3) general and noteworthy schools of counseling: Developmental, Humanistic and Cognitive
Define time value of money.
Time value of money is a mathematical concept that determines the value of money over a period of time at a
given rate of interest.
Discuss the difference between the presen
List and define the eight approaches to financial planning analysis and recommendations.
The life cycle approach is used early in the financial planning engagement
Describe the personal risk management process.
The personal risk management process involves identifying, evaluating, and managing pure risk exposures
faced by a client. The seven ste