#financial planning consultancy

[intertaxtrade]

Website : https://en.intertaxtrade.com

Intertaxtrade, established in the Netherlands, excels in facilitating international business and assisting individuals in Europe with integrated solutions in tax, finance, and legal aspects. Registered with the Chamber of Commerce, they offer services like company management in the Netherlands, Dutch company accounting, tax intermediation, international tax planning, business law consulting, EU trademark and intellectual property registration, international trade advice, and GDPR compliance. Their expertise in financial and accounting services ensures clients have a clear financial overview, aiding in business success.

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[rosehipsister]

guys i love you all so much! I've received some donations today and i just want to say this means a lot to me.

all my tech has been hand me downs and/or ancient, so it all decided to crumble and die at the same time. i'll hopefully get a temp replacement soon and invest in a new one as soon as possible.

[assetamity]

Asset Amity: Your Partner in Financial Growth

At Asset Amity, we believe that financial knowledge is the key to unlocking a prosperous future. Our goal is to provide people and organizations with the knowledge and resources necessary to make wise financial decisions. Our content is made to be easily accessible, educational, and entertaining, regardless of your level of expertise with investing or where you are in your financial journey.

[censifi]

How Can Enterprise Financial Planning Drive Strategic Growth and Financial Resilience?

A complete strategy that matches an organization's financial plans with its broader business goals is called enterprise financial planning. Meticulous forecasting, performance analysis, risk assessment, and budgeting are all part of this process. Organisations may preserve financial stability, optimise resource allocation, and quickly adjust to changing market conditions by putting Enterprise Financial Planning into practice. This strategic alignment strengthens the organization's resilience against financial shocks while also facilitating sustainable growth.

[acquisory]

IMPLEMENTATION OF NEW IFRS REVENUE RECOGNITION STANDARD

India will have a new revenue recognition standard outlining a single comprehensive model for entities to use in accounting for revenue arising from contracts with customers. This supersedes most current revenue recognition standard.

In brief, the new standard seeks to streamline, and remove inconsistencies from, revenue recognition requirements; provide a more robust framework for addressing revenue issues; make revenue recognition practices more comparable; and increase the usefulness of disclosures.

Introduction

The Government has introduced two significant game-changers to financial reporting standards in 2018 to effective communication to investors by corporates.

International Financial Reporting Standards (IFRS) accounting framework replaces extant revenue and lease standards effective financial periods commencing from January 1, 2018. Both the new standards have a significant impact on financial statements for majority of sectors. Indian companies too have to brace up for the new Indian Accounting Standards (IND-AS) on revenue that would go live shortly.

The International Accounting Standards Board (IASB), as part of a joint convergence project with its United States Counterpart, the Financial Accounting Standards Board (FASB) has re-modeled the revenue recognition guidance. The new IFRS 15 — Revenue From Contracts With Customers replaces prevailing IAS’s and related interpretations, primary of them being (1) IAS 11- Construction Contracts and (2) IAS 18 — Revenue. A new principle for revenue recognition has emerged with the emphasis on the concept of transfer of control and a detailed accounting model, it has been launched as the Five Step Revenue Recognition Model and is to be followed for every revenue contract to account for the financial statement reporting consequences.

“IFRS 15 Revenue from Contracts with Customers provides a single revenue recognition model based on the transfer of control of a good or service to a customer. The new revenue standard marks a significant change from current requirements under IFRS. It provides a more structured approach to measuring and recognizing revenue, with detailed application guidance. Therefore, adoption may be a significant undertaking for many entities. Early assessment will be key to managing a successful implementation.”

Evaluation of contracts, customer agreements, pricing models, side-arrangements, revenue and delivery models, contractual clauses, underlying economics, deliverables analysis, et al, become very critical as companies’ transition to the new revenue recognition standard.

Standard operating procedures and internal controls also need to be geared up and fine-tuned to comply with this critical financial reporting standard.

The Exposure Draft on clarifications to Ind AS 115 proposes that Ind AS 115 would be applicable for accounting periods beginning on or after 1st April, 2018. The MCA is expected to notify the standard soon.

The effect on entities will vary, and some may face significant changes in revenue recognition. Entities should now be assessing how they will be affected so they can prepare an implementation plan for the new standard.

Core Principle of Revenue Recognition Changes

The global reporting standard moves from a “transfer of risks and rewards” model to a “transfer of control” model. This model determines the timing of revenue recognition. The new timing is when there is a transfer of control of promised deliverable by the seller (reporting entity).

The core principle of the new revenue standard under both IFRS and United States Generally Accepted Accounting Principles (USGAAP) is that an entity recognized revenue to depict the transfer of promised goods and services to customers in an amount that reflects the consideration to which it expects to be entitled in exchange for such promised goods and services. Henceforth, revenue needs to be recognized upon transfer of control of promised products or services to customers in an amount that reflects the consideration that the entity expects to receive in exchange for those products or services.

Where a company enters into contracts that could include various combinations of products and services, the company needs to isolate the various revenue components, based on whether each component is generally capable of being distinct and accounted for as separate performance obligations. IFRS reporting entities need to follow a detailed 5-step model to account for revenue as follows…

Read More: https://www.acquisory.com/ArticleDetails/67/Implementation-of-new-IFRS-Revenue-Recognition-Standard

[kuromi-hoemie]

as an american i will one day be sentenced to death for hamburger related crimes

[alokastrology1]

The Intersection of Astrology and Personal Finance: How to Align Your Values

Have you ever wondered why some people seem to have a natural knack for managing their money, while others struggle to make ends meet? The answer may lie in Astrology, the study of the movements and positions of celestial bodies and their influence on human affairs, which can offer valuable insights into your personality, preferences, strengths, weaknesses, and values. And these factors can have a significant impact on your financial behavior and attitude. In this article, we will explore how astrology can help you identify your core values and how the zodiac sign should prepare for their financial plan. We will also discuss how you can align your financial goals with your values.

Know more about the Intersection of Astrology and Personal Finance. Get an online astrology consultation by the world-renowned astrologer Mr. Alok Khandelwal.

Identifying Your Core Values through Astrology

They reflect what is important to you, Astrology can help you identify your core values by analyzing your natal chart, which is a snapshot of the sky at the moment of your birth. Your natal chart shows the positions of the planets, the signs they occupy, and the aspects they form with each other. Each planet represents a different aspect of your personality, while each sign represents a different mode of expression.

One of the most important factors in your natal chart is your sun sign, which represents your identity, ego, and essence. Your sun sign shows what you want to achieve in life and how you express yourself. Another important factor is your moon sign, which represents your emotions, instincts, and subconscious. Your moon sign shows what you need to feel secure and comfortable and how you react to situations. A third important factor is your rising sign, which represents your appearance, demeanor, and impression. Your rising sign shows how you present yourself to the world and how others perceive you.

By looking at these three factors in your natal chart, you can get a sense of what your core values are and how they relate to money. Here are some specific examples of how each zodiac sign may prioritize certain values:

Aries: Aries values action, courage, independence, leadership, and innovation. Aries may be attracted to money as a means of expressing themselves and pursuing their passions. Aries may also be impulsive, competitive, and generous with money.

Taurus: Taurus values security, stability, comfort, quality, and pleasure. Taurus may be attracted to money as a means of building wealth and ensuring comfort.

Gemini: Gemini values communication, intellect, socialization, curiosity, and diversity. Gemini may be attracted to money as a means of expanding their knowledge and network. 

Cancer: Cancer values emotion, intuition, connection, compassion, and security. Cancer may be attracted to money as a means of supporting their loved ones and causes. Cancer may also be sensitive, imaginative, and charitable with money.

Leo: Leo values creativity, passion, confidence, generosity, and recognition. Leo may be attracted to money as a means of expressing themselves and attracting attention.

Virgo: Virgo values order, efficiency, practicality, service, and perfection. Virgo may be attracted to money as a means of improving themselves and their environment. Virgo may also be meticulous, analytical, and prudent with money.

Libra: Libra values harmony, balance, beauty, cooperation, and justice. Libra may be attracted to money as a means of creating peace and harmony in their relationships and surroundings. Libra may also be diplomatic, fair, and generous with money.

Read Also:- Monthly Rashifal May 2023 – What’s in Store for Your Zodiac Sign?

Scorpio: Scorpio values power, transformation, intensity, mystery, and depth. Scorpio may be attracted to money as a means of controlling their destiny and uncovering secrets. Scorpio may also be passionate, resourceful, and secretive with money.

Sagittarius: Sagittarius values adventure, freedom, wisdom, optimism, and honesty. Sagittarius may be attracted to money as a means of exploring the world and expanding their horizons. Sagittarius may also be spontaneous, adventurous, and generous with money.

Capricorn: Capricorn values ambition, discipline, responsibility, status, and achievement. Capricorns may be attracted to money as a means of reaching their goals and gaining respect. Capricorn may also be hard-working, determined, and frugal with money.

Aquarius: Aquarius values innovation, originality, freedom, humanitarianism, and uniqueness. Aquarius may be attracted to money as a means of creating positive change and expressing their individuality. Aquarius may also be inventive, progressive, and detached with money.

Pisces: Pisces values spirituality, imagination, compassion, intuition, and transcendence. Pisces may be attracted to money as a means of fulfilling their dreams and helping others. Pisces may also be creative, empathetic, and charitable with money.

Astrology and personal finance may seem like two unrelated topics, but they actually have a lot in common. Astrology can help you discover your core values and how they relate to money. It can also help you align your financial goals with your values and apply astrological insights to your investment strategies. By using astrology as a tool, you can make better financial decisions and achieve your money goals.

If you are interested in learning more about astrology and personal finance, you can consult a professional astrologer who can help you interpret your natal chart and give you personalized advice. You can also read books, blogs, and articles on the topic and do your own research. The more you learn, the more you can benefit from the intersection of astrology and personal finance.

Read Also:- Spiritual Significance of Budh Purnima 2023: Date, Time, Lunar Eclipse, and Siddhi Yoga

[snehaleenakashe-blog]

Forte Healthcare - specialized healthcare business planner and consultancy firm in Dubai

Forte Healthcare is a specialized healthcare business planner and consultancy firm established in the UAE. With an excellent track record of our team for over 23 years of active start-up experience in diversified sectors including healthcare, real estate & property development, and hospitality.

Our verticals include financial advisory and due diligence, design and infrastructure planning, project management, legal and compliance, operations management, and due diligence.

We have commissioned our projects across GCC, Africa, MENA, UK, Europe, and SE Asia regions, which provides us with substantial experience in managing large-scale operations and teams. It is important to have a specialized healthcare business consultancy firm looking at your business plans keeping in mind the consolidations happening in the healthcare market across GCC

Our track record shows that our team has achieved the highest level of EBIDTA growth since its inception making us the healthcare business planner of choice across the GCC.

[viraj125]

Contetra offers specialized strategic financial management solutions. Our services, outlined on their strategic business financial management solutions page, include tailored budgeting and forecasting support that helps businesses gain accurate financial insights, optimize cash flow, and align their finances with long-term goals. Contetra's expertise ensures companies can make data-driven decisions and stay on course for financial stability and growth.

[haridwarmf]

Investing through a mutual fund SIP service can make wealth accumulation easier. Haridwar MF offers mutual fund SIP service in Haridwar, providing flexible investment plans that fit your budget and support long-term financial growth with consistency and ease. For more information, visit https://www.haridwarmf.com/best-mutual-fund-company-in-haridwar.php

[vantagefinancialwi]

Top Rated Financial Planning Firms: What Sets Them Apart and How to Choose the Right One

When it comes to managing your financial future, choosing the right financial planning firm can be one of the most important decisions you'll ever make. With so many firms claiming to offer the best services, how do you know which one is truly top-rated? A top-rated financial planning firm can help you navigate the complexities of investments, retirement planning, taxes, and estate management. But beyond just offering these services, they stand out in a few key areas that make them a trusted choice for individuals and families.

Here’s what sets the top-rated financial planning firms apart from the rest:

1. Comprehensive Financial Planning Services

A top-rated firm offers a full spectrum of services that cater to all your financial needs. This includes investment management, retirement planning, tax optimization, estate planning, and more. By integrating various aspects of financial planning, these firms can create a holistic plan that addresses all your life goals, whether it's saving for retirement, funding education, or managing your wealth efficiently.

Why it matters: Financial decisions often intersect, and a comprehensive approach helps ensure that all aspects of your financial life are working together toward your long-term goals.

2. Personalized Financial Plans

One of the hallmarks of top-rated financial planning firms is their commitment to tailoring strategies to the unique needs of their clients. Every client has different financial goals, risk tolerance, and life circumstances, and a great financial planner will take the time to understand these aspects before recommending solutions.

Why it matters: Personalization ensures that the advice you receive is relevant to your situation. Whether you're planning for your children's education or looking to retire early, a customized plan maximizes your chances of success.

3. Experienced and Credentialed Financial Advisors

A top-rated firm employs experienced and highly credentialed financial advisors. These advisors hold certifications like the Certified Financial Planner (CFP®) or Chartered Financial Analyst (CFA®) designations, which ensure they have the knowledge and expertise to provide sound financial advice. Experienced advisors are also more likely to have a proven track record of success in helping clients meet their financial goals.

Why it matters: With experienced professionals, you can trust that your money is in good hands. A well-qualified financial advisor brings valuable insights and can navigate the ever-changing financial landscape to make the most of your financial resources.

4. Transparent Fees and Cost Structure

Top-rated financial planning firms maintain transparency in their fee structures. Whether they charge a flat fee, hourly rate, or a percentage of assets under management, they make sure you understand how much you’ll be paying and what services are covered. Avoid firms that hide costs or offer services without clear pricing.

Why it matters: Transparency ensures there are no hidden surprises down the road. Clear communication about fees helps build trust between you and your advisor, allowing you to focus on your financial goals rather than worrying about unexpected costs.

5. Strong Reputation and Client Reviews

Reputation is everything in the financial industry. The top-rated financial planning firms often have a solid reputation built on years of providing excellent service. They should have numerous positive client reviews, testimonials, and possibly even industry recognition. Checking for a firm’s reputation through online reviews or industry awards can give you valuable insight into the quality of their services.

Why it matters: Trust is critical when it comes to managing your finances. A firm with a strong reputation and positive client feedback shows that they’ve successfully helped others achieve their financial goals, which suggests they are likely to do the same for you.

6. Proactive Communication and Client Education

Top-rated financial firms don’t just manage your investments; they also prioritize educating clients and keeping them informed. This means holding regular meetings, offering updates on the performance of your portfolio, and providing ongoing guidance as your life circumstances evolve. The best financial advisors take the time to explain complex financial concepts in an understandable way, so you feel empowered to make informed decisions.

Why it matters: You should feel confident and comfortable with the advice you’re receiving. Proactive communication and education help you stay on top of changes and ensure your financial plan remains aligned with your goals.

7. Cutting-Edge Technology and Tools

Top-rated financial planning firms leverage technology to provide better services. This includes using advanced financial planning software, budgeting tools, and secure platforms for managing investments and tracking progress. Access to technology allows for more accurate forecasting, greater efficiency, and a streamlined client experience.

Why it matters: Technology improves the accuracy of financial planning and makes managing your wealth easier and more secure. It also allows for real-time adjustments and provides you with easy access to your financial information anytime.

8. Commitment to Long-Term Relationships

A top-rated financial planning firm isn’t focused on short-term gains. Instead, they build long-term relationships with their clients, offering continuous support throughout various stages of life. Whether you’re planning for retirement, going through a career change, or dealing with unexpected life events, these firms stand by your side as you work toward your long-term financial goals.

Why it matters: Financial planning is a journey, and having a firm that prioritizes long-term relationships can help you achieve more consistent and lasting success. A trusted advisor is there to guide you through life’s financial challenges.

How to Choose the Right Financial Planning Firm for You

While many firms may offer the services and qualities mentioned above, it’s important to choose one that resonates with your personal financial goals. Here are some tips to help you find the best firm for your needs:

Evaluate your goals: Before you even start your search, make sure you have a clear understanding of your financial goals and needs. This will help you assess whether a firm’s services align with your priorities.

Ask for referrals: Speak to friends, family, or colleagues who have worked with financial planners and ask about their experiences.

Interview potential advisors: Meet with a few advisors to discuss their approach and determine whether their style and philosophy fit with your expectations.

Check credentials and experience: Look for advisors who are certified and have a proven track record in areas that matter to you, such as retirement planning, estate planning, or investment management.

Conclusion

Choosing the right financial planning firm is an important decision that can shape your financial future. By focusing on firms that offer comprehensive services, personalized plans, and transparent communication, you can find a partner who will guide you toward achieving your financial goals. Take the time to research, ask questions, and select a firm that provides the expertise and service you deserve.

[investrack]

Working with the best broker for mutual funds in Rewa ensures you get expert services, reliable advice, and efficient investment management strategies. Investrack offers tailored solutions to help you achieve consistent growth and long-term wealth with ease. For more information, visit https://www.investrack.co.in/

[alfredmarshall]

How Can Retirement Planning Services Help You Reach Your Financial Goals?

From savings to smart investments, retirement planning services help you navigate complex decisions, ensuring you achieve your financial goals and enjoy life to the fullest.

[lunaamorris]

How Wealth Management Consultants Help Clients Achieve Long-Term Financial Goals?

Wealth management consultants play a pivotal role in helping clients achieve their long-term financial goals by providing personalized strategies, expert advice, and ongoing support. These professionals offer a comprehensive approach to managing wealth, ensuring that clients are on the right track to secure their financial future, whether it involves saving for retirement, funding a child's education, or building a legacy. Here's how wealth management consultants assist in achieving long-term financial goals:

Tailored Financial Planning

The first step in helping clients reach their long-term goals is to understand their specific financial situation and aspirations. Wealth management consultants begin by assessing the client's current financial state, including income, expenses, assets, and liabilities. They also take the time to understand the client's long-term objectives—whether it’s a comfortable retirement, purchasing a home, or establishing a charitable foundation. This personalized approach allows the consultant to craft a financial plan that aligns with the client's needs and timeline.

By setting clear, achievable financial goals, a consultant provides a roadmap that outlines the steps needed to reach those objectives. This includes setting short-term milestones that contribute to the long-term vision, and helping clients stay focused and motivated.

Investment Strategy and Asset Allocation

A key aspect of long-term financial success is having a well-thought-out investment strategy. Wealth management consultants help clients develop an investment portfolio that aligns with their risk tolerance, time horizon, and financial goals. They emphasize the importance of asset allocation—distributing investments across various asset classes (stocks, bonds, real estate, etc.) to balance risk and reward.

A diversified investment strategy reduces the impact of market fluctuations, increases the potential for long-term returns, and ensures that the portfolio remains resilient over time. Wealth management consultants regularly monitor and adjust the portfolio to adapt to changes in the market and the client’s evolving needs.

Tax Optimization and Planning

Tax efficiency plays a crucial role in achieving long-term financial goals, as excessive taxes can erode wealth over time. Wealth management consultants assist clients in creating tax-efficient strategies to minimize tax liabilities. They recommend tax-deferred accounts (such as IRAs and 401(k)s), tax-free accounts (like Roth IRAs), and strategies like tax-loss harvesting to maximize after-tax returns.

By considering the long-term tax implications of investments and income, consultants help clients keep more of their earnings, which accelerates wealth accumulation and supports their ability to reach financial goals faster.

Retirement Planning

For most clients, a comfortable retirement is one of their most significant long-term financial goals. Wealth management consultants specialize in retirement planning, helping clients estimate how much money they will need to maintain their desired lifestyle in retirement. They recommend appropriate retirement accounts and investment vehicles that maximize retirement savings, such as 401(k)s, IRAs, or pensions, depending on the client’s situation.

By taking into account factors like life expectancy, inflation, and healthcare costs, wealth management consultants provide strategies to ensure that clients accumulate sufficient funds for retirement and can draw from them in a tax-efficient manner when the time comes.

Estate and Legacy Planning

Another important area of long-term financial planning is estate and legacy management. Wealth management consultants help clients plan how their assets will be distributed after their death, ensuring that their wealth is passed on according to their wishes. They work with estate planning attorneys to set up trusts, create wills, and minimize estate taxes, which can significantly impact the inheritance left to beneficiaries.

By establishing a comprehensive estate plan, wealth management consultants help clients preserve their wealth for future generations and ensure that their legacy is protected. Additionally, they advise clients on philanthropic giving, helping them make charitable donations in a tax-efficient way if leaving a charitable legacy is part of their long-term goals.

Ongoing Monitoring and Adjustments

Achieving long-term financial goals requires flexibility and periodic adjustments. Life events, changes in income, market conditions, or shifts in goals may require updates to a financial plan. Wealth management consultants provide ongoing monitoring of clients’ financial situations and adjust strategies accordingly. Regular check-ins ensure that clients stay on track, providing the opportunity to make modifications that keep the plan aligned with their evolving goals.

Conclusion

Wealth management consultants provide invaluable guidance in achieving long-term financial goals by creating personalized financial plans, implementing investment strategies, optimizing taxes, and offering retirement and estate planning advice. With their expertise, clients can navigate the complexities of wealth management with confidence, knowing they have a dedicated professional to guide them through every step of the process. By taking a holistic approach, wealth management consultants ensure that clients are well-prepared for both the present and the future, helping them achieve their financial dreams and secure long-term success.

[youthchronical]

The next U.S. president could face a tax battle in 2025 — here's what it means for investors

This combination of pictures created on October 25, 2024 shows US Vice-President and Democratic Presidential candidate Kamala Harris in Houston, Texas on October 25, 2024 and former US President Republican presidential candidate Donald Trump in East Del Valle, Austin, Texas on October 25, 2024.  Getty Images As millions of Americans cast ballots on election day, advisors are bracing for major…

[acquisory]

Start – up India – A Campaign to Boost the Business in India

Introduction

Startup India is a drive initiated by the Government of India to build a strong eco-system for nurturing the innovation and Startups in the Country so as to take India a Step forward in becoming a developed Country. This shall be able to generate more employment opportunities alongwith the economic growth of the Country. It has given opportunity to many unemployed persons to come with their innovative ideas and designs.

Setting up Process

Startup definition for the purpose of Government Schemes, means an entity, incorporated or registered in India not prior to five years, with an annual turnover not exceeding INR 25 Crores in any preceding financial year, working towards innovation, development, deployment or commercialization of new products, processes or services driven by technology or intellectual property. Provided that such entity is not formed by splitting up or reconstruction, of a business already in existence.

Further the entity shall lose its existence of Startup if in any preceding financial years it has achieved the turnover of INR 25 Crores or it has completed 5 years from the date of incorporation/registration.

The Startup entity can be incorporated in either of the following form:

- Partnership firm [ a duly registered partnership deed under the Partnership Act, 1932]

- Limited Liability Partnership [LLP] firm duly incorporated under the Limited Liability Act, 2008

- Private Limited Company incorporated under the Companies Act, 2013.

A proprietorship or public limited company is not eligible as Startup, whereas the One Person Company, being a Private Limited Company is entitled to be a Startup.

A business is deemed to be recognized as Startup only if it aims to develop and commercialize — a new product or service or process or a significantly improved existing product or service or process that will create or add value for customers or workflow.

For the ease of registration and other details regarding Startups the Government of India has launched the Startup India portal and mobile app w.e.f. 1st April, 2016, wherein the Action plan as to how startups have to go about doing business is completely provided.

Further to ease out the queries of the various startups the Government of India, Department of Industrial Policy & Promotion (DIPP) has release the Frequently Asked Questions (FAQs). The Government from every possible way is trying to reach out to the Startups to come up with their innovation and ideas.

The Government in order to do the proper hand holding for the startups have provided a complete action plan to the startups so that they can easily start their own ventures after duly fulfilling all the requirements.

In this regard The Ministry of Human Resource Development and the Department of Science and Technology have agreed to partner in an initiative to set up over 75 such startup support hubs in the National Institutes of Technology (NITs), the Indian Institutes of Information Technology (IIITs), the Indian Institutes of Science Education and Research (IISERs) and National Institutes of Pharmaceutical Education and Research (NIPERs).The Reserve Bank of India said it will take steps to help improve the ‘ease of doing business’ in the country and contribute to an ecosystem that is conducive for the growth of start-up businesses.

Startups Eligible for Startup India Tax Exemptions & Incentives

As reproduced before that a business is considered a Startup under the Startup India Action Plan if it aims to develop and commercialize new products or services…

Read More: https://www.acquisory.com/ArticleDetails/9/Start-%E2%80%93-up-India-%E2%80%93-A-Campaign-to-Boost-the-Business-in-India