Business Financial Planning

Operational and Life-Cycle Financial Planning

Course Overview
This course provides an overview of the two modes of planning - operational planning and life-cycle planning. This includes understanding the similarities, differences, and interdependencies between the two modes, the principles of discretionary resources, as well as the concept of target costing. Finally, the course also provides an overview of the planning governance process as well as benefits from life-cycle financial planning.

Learning Objectives:

After completing this course, the course participant should be able to:

  • Recognize the steps involved in a typical planning process
  • Identify similarities, differences, and interdependencies between operating work and life-cycle work
  • Recognize the concept of discretionary resources
  • Identify the most advanced form of cost management
  • Recognize governance principles of planning

  • Speakers / Authors:

    Alan Vercio
    Alan Vercio works at Bank of America in Charlotte, N.C., where he is responsible for building operational data requirements and processes in support of cost and profit measurement. You can reach Alan at (704) 388-4712 and

    John M. Fleming, CPA, MBA, is currently the Director, Content Development for SmartPros LTD, a division of Kaplan Professional Education. SmartPros is an international educational and training company specializing in accounting, finance and ethics educational programs. John previously served as President and Director of Accounting and Auditing for LOSCALZO ASSOCIATES, a division of SmartPros for twenty-eight years. John retired as President of Loscalzo Associates on January 1, 2014.

    John’s prior practice experience includes audit, tax, consulting, office management, and human resource responsibilities with Deloitte LLP, Richard Eisner & Company LLP, and Ernst & Young LLP. John is a graduate of LaSalle and Drexel Universities with degrees in accounting and finance.

    John, a Pennsylvania CPA, served as the 1999/2000 President of the 8,300 member Greater Philadelphia Chapter of the Pennsylvania Institute of Certified Public Accountants (PICPA) and currently serves as a member of the Institute’s Accounting and Auditing Technical Committee. In 2006, the PICPA recognized John as a Joseph E. Sterrett Fellow for his contributions to the accounting profession and in 2007, the Philadelphia Chapter recognized John with their Champion Award for his contributions to the PICPA, Chapter, profession and community. John has also served as the 2002/2003 President of the American Accounting Association’s Mid-Atlantic Region.

    John and his wife Marge live in Medford, New Jersey.


    Price (USD)

    Standard: $24.95


    Course Code : 99VER02

    Release Date : 01/24/2017
    Expire Date : 03/31/2023
    Credits :
    CPE 1.00
    QAS 1.00

    Length : 50min
    Course Level : Basic
    Course Type : QAS Self-Study
    Passing Grade : 70%
    Format Type : eLearning
    Mobile Compatible
    Field Of Study : Finance

    Theme : Business Financial Planning

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