2. ASK YOURSELF
 Do I have enough for
retirement?
 Am I paying more taxes?
 Am I working on a budget?
 How can I repay my loans?
 How will I pay for my child’s  Need to keep track of
education? your recurring
 How to investment in a investments?
fluctuating market?  Need to know what
When can I retire? percentage of your total
 How can I achieve my financial assets are devoted to
goals? retirement?
 Is my portfolio diverse enough?  Want an idea of your
 Am I saving enough? monthly cash flow?
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3. Do You Have Time To Plan?
 It's easy enough to estimate how much you have to put
aside in your savings account every month in order to spend
your next vacation in Vegas. But try to work out the long-
term goals that will bear fruit ten years from now.
 Education, mortgages, automobile loans, retirement -- all
these have to be planned well in advance.
 Creating wealth is not a rocket science. All it requires is
discipline and direction.
 For the most of us, accounting jargon is like a foreign
language. so how do you accomplish these goals without
hiring an expert?
 All of above questions can be answerd by Accumulus
Financial Planner . In fact, it’s just for you!
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4. Guided By:-
Internal Guide:- Prepared By:-
Prof. Roshni Patel
Harsh Darji
(08BCER007)
External Guide:- Jinal Dhruv
Mr. Shishir Mishra (08BCER012)
. .

5. “..Becoming wealthy is not a matter of
how much you earn, who your parents
are, or what you do.. It is a matter of
managing your money properly..”
- Noel Whittaker
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6. Overview
• Introduction • Factors Affecting
• Why Financial Planner? Financial Planner
• Hi-5 Of Financial Planner • The CRUX
• Objectives • Detailed Description
• Process • Scope For Everybody
• Step By Step • Future Work
• Is It Upto Your Expectation? • Conclusion
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7. Introduction
Wikipedia Says..“A financial planner or personal
financial planner is a practicing professional who
helps people deal with various personal financial
issues through proper planning, which includes but is
not limited to these major areas: cash flow
management, education planning, retirement
planning, investment planning, risk management and
insurance planning, tax planning, estate planning and
business succession planning (for business owners)..”
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8. Introduction
 Task of Determining How to achieve strategic goals and
objectives.
 Describes each of tha activities, resources, equipment
and materials that are needed to achieve these
objectives, as well as the timeframes involved.
 Accumulus Financial Planner is a small, fast and
inexpensive application which helps you manage your
incomes, investments, assets, liabilities, net worth, cash
flow, and so much more all in one easy-to-use interface.
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9. Introduction
We Says..“Financial Planning is deciding a road map
for you self and deciding in advance how will you
invest your money which helps you achieve your
Financial Goals in life comfortably . Financial Planing
will give you a Path on which you just have to walk
overtime , because you have decided and planned
everything in advance . Financial Planning is about
Consistency , Its about having a vision , Its about
promise to yourself that you will follow the plan with
discipline . Its not about getting 30% or 40% , its
about getting X% which will help you achieve your
goals easy enough without compromising and
exposing you to unnecessary risk..”
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10. Why Financial Planning?
Inflation Changing Life Stage
Future cost of Life Style Needs
important goals Vacation, Gizmos,
would be much Car, House,
higher than present Children…
Financial Planning
Traditional Lack of planning
investment not as is the biggest cause
attractive of financial stress

11. Hi-5 of Financial Planner
1. Analytical: A good financial planner needs to be able to
look under the hood and understand the many factors that
make up an individual's financial life.
2. Communication: They must be able to describe
problems, approaches, and solutions in a way that non-
financial people can understand.
3. Empathy: Money can be one of the most emotional topics
for anyone to talk about. Quality financial planners
appreciate this and can take into account the powerful
feelings that accompany financial decisions.
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12. Hi-5 of Financial Planner
4. Focus: Financial planners have to be able to develop
clear, solid plans for the future. It's not a time for wandering
down tangents or exploring useless options. Financial
planners must be able to provide the kind of focus many non-
financial people lack.
5. Individualization: Every person's financial situation is
unique, and a financial planner has to tailor solutions to
individuals instead of taking a "one size fits all" approach.
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13. OBJECTIVES
 Focusing on advisory services to individuals.
 Meeting a client's life goals through proper management
of their finances.
 Helping a person make advanced provision for financial
needs of the future.
 To ensure that the right amount of money is available in
the right hands at the right point in the future to achieve
an individuals financial goals e.g. buying a home, saving
for your child's education and marriage or planning for
retirement.
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14. PROCESS

15. PROCESS
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16. STEP BY STEP:-
 Establishing and defining the client-
planner relationship.
 Gathering client data, including goals.
 Analysing and evaluating the client's
financial status.
 Developing and presenting financial
planning recommendations and/or
alternatives.
 Implementing the financial planning
recommendations.
 Monitoring the financial planning
recommendations
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17. STEP BY STEP:-
 Defining Client requirements:-
We understand your financial requirements and
explain the various facets of financials services that are
available. Thereafter, we identify areas where you require
assistance and areas that you can look after on your own.
We then decide on the fee structure along with a tentative
duration for the professional relationship.
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18. STEP BY STEP:-
 Identifying client's goals and time horizon:-
When a doctor is consulted, he usually begins by
compiling a complete medical history. Similarly a financial
planner requires information about your financial situation.
Together with the client we define his or her personal &
financial goals. We then work out and explain the various
financial responsibilities and the time frame for the results.
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19. STEP BY STEP:-
 Analyzing the clients current financial situation.:-
Any financial situation has many aspects like
assets, income, loans, insurance, taxes, business
interests, inheritances, wills etc. These have to be carefully
scrutinized by a trained professional who has a full and
complete assessment of your current financial situation.
This scrutiny is done to determine the actions required to
meet your goals. These could include analyzing your assets
& liabilities, cash flows, incomes, savings, tax planning &
budgeting, investments, retirement planning or tax strategy
for the family.
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20. STEP BY STEP:-
 Identify weaknesses and recommend improvements:-
Once the data is analyzed, we identify areas that
need particular attention. Based on this we make financial
planning recommendations to address your goals and
devise a strategy that will overcome weaknesses and lay a
strong foundation for the financial management of your
affairs. After you have studied these recommendations we
will note your concerns to revise and finalize the
recommendations.
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21. STEP BY STEP:-
 Implementation:-
Any plan is worthless unless it is well implemented.
If you desire, we will carry out the implementation of the
finalized plan for you or serve as your guide. This includes
co-ordinating the whole process between you, your
accountant, solicitor, stockbroker, portfolio manager and
real estate agent.
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22. STEP BY STEP:-
 Monitoring and Review:-
Once the plan has been implemented, it requires a
periodic review. This is imperative to adjust the plan to the
changing situation in one's life, financial situation and
income levels. This monitoring can be done either by you or
on your behalf by your financial planner. In the latter
case, a periodic report on your current situation will be sent
to you for your information and directions for
modification, if any.
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23. FACTORS AFFECTING FINANCIAL PLAN
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24. THE CRUX
Three Main following Factors and brief
explanation/analysis of these three statements.
 The Income Statement
 The Cash Flow Projection
 The Balance Sheet
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25. THE CRUX
Current Asset:-
 Current Asset is an asset on the balance sheet
which is expected to be sold or otherwise used up
within one year. It usually Includes:
 Cash
 Bank Balance
 Short Time Investments
 Trade Debtors (Receivables)
 Inventory
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26. THE CRUX
Current Liabilities:-
 Considered liabilities of the business that are to
be settled in cash within the financial year. It
uaually includes:
 Trade Creditors (Payables)
 Bank overdraft
 Short Term borrowings
 Provision for Taxes
 Provision for Dividends
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27. THE CRUX
The Income Statement:-
 Also called Profit and Loss Statement (P&L), is a
financial statement that indicates how Revenue
(Money Received from the sale of products and
services before expenses are taken out) is
transferred into net income.
 Show whether someone made or lost money
during the period being reported.
 Help investors and creditors to determine the past
performance of the enterprise as well as it can
help to predict future performance.
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28. THE CRUX
The Balance Sheet:-
 Balance Sheet or Statement of Financial Position is
a summary of a person’s or organization’s
balances.
 Often Described as a snapshot of a company’s
financial condition.
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29. THE CRUX
The Cash Flow Statement:-
 Financial Statement that shows a company’s flow
of cash.
 Money coming into is called cash inflow, and
money going out from the business is called cash
outflow.
 The Statement shows how changes in balance
sheet and income accounts affect cash and cash
equivalents, and breaks the analysis down to
Operating and Investing.
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30. DETAILD DESCRIPTION
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31. DETAILED DESCRIPTION
 Accumulus Financial Planner involves planning a
budget, paying off debts, saving for a major life
event and saving for retirement. Planning your
finances is essential to having success in other
areas such as relationships, health and your
professional life. Being in control of your finances
gives you a feeling of satisfaction and provides
you with confidence because you will ultimately
have more choices in your personal and
professional life.
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32. DETAILED DESCRIPTION
 It pulls information from all of your
checking, savings and loan accounts to help you
keep track of what you owe. The program also
helps you budget your income based on expenses
and savings habits.
 It makes it easy to manage multiple accounts of
different types, create and manage budgets and
many other features without prior experience in
accounting!
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33. DETAILED DESCRIPTION
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34. DETAILED DESCRIPTION
 On the whole,Accumulus Financial Planner keeps
track of all a client
owns, owes, earns, spends, receives in social
security, and pays in taxes from the current year
through retirement and beyond to life expectancy.
 With Accumulus Financial Planner, you can get
your money to work for you and ultimately can
ensure your prosperous future.
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35. SCOPE FOR EVERYBODY
 It is never too late to start finance planning for the
future. Whether you are in your
twenties, thirties, forties or older, setting goals
and planning is important.
 For instance, in your twenties, you may be
planning a budget from a new job and saving an
emergency budget. In your thirties, you may be
saving for a home. In your forties, you may be
budgeting and saving for long-term retirement. In
your fifties and sixties, perhaps your goals are to
save for a lifelong wish such as a world vacation.
 At any age, planning and budgeting your finances
in addition to being aware of how to achieve goals
will be very beneficial. CE Dept / Sem VII /
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36. Is It Upto Your
Expectation?
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37. Expectation
The biggest problem with Financial Planning is that still
“Financial Planning” is confused with “Investment
Planning” . It’s not meant to be answer following
Questions.
 What do you think Market will do tomorrow?
 Which is the best Mutual Fund?
 I have 5 lacs spare cash , how should I invest it so
that I get maximum returns?
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38. IITE 2011-12 CE Dept / Sem VII /
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39. What To Not Look Into
Financial Planner
 Promise of Returns
 Magic (financial planner is not some
magician who will fix all your problems and
will make a financial plan which will try to
achieve all you want)
 Instant Performance
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40. The Future
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41. The Future
 Comparing budget from month-to-month and year-to-
year, which can be helpful when saving and investing down the
road.
 Mobile alerts to help user track the effects of his spending by
showing user how much money have will have left at the end of
the month.
 Introducing widget tools that send alerts about your budget and
accounts to your mobile phone as well as e-mail.
 Importing financial information in the form of an existing
spreadsheet or other budget programs.
 Analysis in form of charts or any other graphical representation
with credible tips.
 What-if Scenarios for more insight /in future
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42. Conclusion
 Financial planners help people
develop strategies for their
finances. They help their clients
set goals, deal with changes, and
understand how various
decisions will affect them. With
the economy the way it is, lots
of people need help.
 Determines whether or not your
plan is feasible, and is a key
component in determining
whether or not your plan is
going to be able to attract any
investment in your business
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43. Conclusion:Final Words
Financial Planning is not about
Getting great returns or beating
your friends portfolio performance
or doing better than average , Its
totally a personal thing and totally
relevent to you and your Financial
Goals . Its about having a pre-
determined plan or strategy to
make use of whatever money you
have to achieve your Financial
goals in most efficient and hassle
free way . Getting Great Returns or
doing better than average is part of
Financial Planning and not a very
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44. Questions & Comments…
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45. Beyond the sky
Thank You
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