Posts Tagged ‘Financial planning’
tips to avoid Phishing
1. Customers do not easily believe the transaction related to anyone although known a long time.
According to David, in the case of burglary Rp17 billion in customer funds, Citibank announced yet in details mode operand by police. But, at least, suspect bank break-ins MD (47) is a senior relationship manager (RM). He was given the trust to handle all customers ‘ transactions.
Therefore, MD know close to its customers. So, any customer who adhere entrust all transactions to the MD. Whereas, the SOUP should not be so. The customer provides all of the data to RM including account number, password and user ID.
Since it’s been a long, trust and know it as long as it was running good, clients submit data to ROM. “after trust, should be followed by the correct SOP. Therefore, the customer, do not completely trust the RM, “he explained.
2. the customer must ensure that the transaction is unconfirmed by the auditor that control the risk of a transaction.
That is, according to David, the transaction was not only submitted to the business as MD, but must also be followed by the control of risks (internal risk) and auditing (internal auditor) so that one transaction was not given only to 1 person only. “If not, the business tends to be manipulative and abusing his position,” he added.
In the case of MD as a priority banking or RM serves major customers (customer prime) with a huge funds. This type of customer, usually already lazy handle transfers, so submitting to one man who handle all transaction activity related to a bank or investment. “Because it could break up, MD Rp17 billion even bigger than that,” David demolished. Don’t completely trust the RM.
3. the customer must ensure the transaction goes according to procedure.
According to David, the customer must ensure that the entire transaction is running as it should. Especially, from the side of internal risk management risk and internal audit. “In the case of MD, break-ins teamed up with teller. Moreover, RM cater to special customers, “he added.
As reported, a woman the initials MD (47) employee of Citibank Indonesia so suspected breaches of bank customer funds in place to work. The corresponding data and then move the account to manipulate people into their email account on your own. Consequently, many customers so the victim.
The requirements to be met with financial planning for optimal results that are on the one hand, the prevention, which means it must provide both the probable and improbable, either benefit or disadvantage for the firm. On the other hand, the optimal financing is one of the most important elements of financial planning and that the absence of an optimal plan, financial planners are required to address all issues that are unresolved and precisely manage the best they can, based on their financial planning approach. Activities such as balancing debts, income, costs, etc., It is not easy but it is the task which must meet the financial director of a firm.
Observe the development of the plan that was presented was always the path to be taken for a company’s financial planning, but in case you missed it, try to make any changes necessary. Another important point on which, the person in charge of financial planning should be careful is not to get too involved with the small details that always seem to appear in the records of a company’s finances. Read the rest of this entry »
Managing cash flow – Location of daily income and its effective use in the payment of current expenses of daily life and to accumulate assets that would be used to meet financial goals.
Tax Planning and Management – Understanding and application of federal and state taxes, for example, income taxes, property taxes, holdings, etc.
Planning and Risk Management – Provide risk and loss of life, income or property.
Planning and investment management – Goals that require to build and manage investments.
Planning and management for retirement – retirement strategies involve the understanding of the system of retirement savings set out in the Social Security Act by aphorisms private pension plans provided by the employer in addition to those covered by Social Security Act; accumulation plans and personal savings.
Planning and management of real estate – Transfer of assets to our heirs with minimal taxes and fees.
Anyone with financial challenges to solve or achieve financial goals requires a financial planning to help to have more wealth and financial security. Read the rest of this entry »