COMM 110 APUS Week 4 Financial Planning Profession Annotated Bibliography

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COMM 110

American Public University System

COMM

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Research your topic, evaluate selected sources, and organize your sources using the Source Organization worksheet template.

During Week 2, you chose a career interest topic and created your project plan. This week’s assignment is to conduct research to locate, identify and carefully vet at least three (3) credible sources. Reviewing the directions for the Week 7 assignment now will be helpful before you begin to research.

In the Week 4 Lesson, you read about Location and Access, the third step of the Big 6 research model. Essentially, this step helps you find and select the most relevant sources that support your project topic. Instead of randomly choosing a source that could work, select the best possible source from those available using the evaluation process presented in the Weeks 2 and 3 lessons. You will share your scholarly sources and write a robust summary as you complete the Source Organization worksheet.

Requirements for the Source Organization worksheet include:

  • Download the template here: Source Organization Worksheet Template (in Word) or Source Organization Worksheet Template (in Excel)
  • One (1) source must be scholarly, peer-reviewed and from the Trefrey library
  • Other sources must be credible and appropriate for college research
  • Robust source summaries must include an explanation of the contents of the source and the relevance of the source to your project's topic.
  • In the document complete Part I, explain the process of locating your sources and Part II the source information.
  • Once the worksheet is complete, copy and paste it into the text box (not as an attachment). All sections of the template must be completed.

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Week 2 Forum Student Name Institution Code Instructor’s Name Date Communication Exercise Part One The career of interest that I choose to address is financial planning because, after school, I would like to work as a financial planner. Financial planning involves the estimation of capital and gauging of competition for a business. Financial planners frame the policies that regulate investment, procurement, and administration of finances by a company. The mind map of the project includes the activitieson the diagram below. The reason I have chosen this field is that I understand its importance in a business. Adequate finances have to be provided, and that is impossible without financial planning. It helps maintain stability by ensuring a balance between capital inflow and outflow. It makes it easy for the financiers to provide capital to the business because they are certain where their money will be invested (Chira, 2020). The scope of this project is to discover all the necessary skills and knowledge I require to become a proficient financial planner in the future. The project's value is to explore disciplines in financial planning that will apply in my future career. The project will be communicated through a discussion that will use PowerPoint Slides to reference its details. Questions will be raised during the discussion, and answers will be provided to clarify the areas o concern. Part Two Academic journals that are available online will be a rich source of learning materials for the project. The sources are numerous and easy to access through the internet, which is available everywhere thanks to technological advancement. With a smartphone, tablet, or computer, access to academic and electronic materials to service the project is possible while at home or school. There are a couple of reasons I have chosen academic journals as the source of information to help execute the project. First, the sources are highly credible because, before authors, professionals and researchers are allowed to publish their information on formal platforms. They are required to thoroughly verify their citations, sources, and links. Personal opinions without any base or facts are not admitted on formal online academic platforms (Younger, 2018). Second, the sources offer clarity because authors of scholarly articles outline and discuss the advantages of other professionals' viewpoints and explanations. They do not focus on justifying their opinions and conclusions as they acknowledge other contrasting conclusions and opinions. Third, the authors of academic journals offer concrete and strong evidence of their information sources. This is essential because it helps access the truth about a topic and draw the right conclusions. Fourth, academic journals available online come along with a wide scope of research options. This is vital for both quantitative and qualitative research to obtain optimal results. Finally, academic journals online offer focused research in a specific study area (Younger, 2018). Therefore it is easy to find sources that are focused on financial planning exclusively. References Younger, K. (2018). Scholarly Research – Be Credible - Open Education Network. Retrieved March 10, 2021, from https://oen.pressbooks.pub/becredible/chapter/scholarly-research/ Chira, I. (2020). Perceptions about the Financial Planning Profession. Retrieved March 10, 2021, from https://www.researchgate.net/publication/306213236_Perceptions_about_the_Fi nancial_Planning_Profession
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Running head: FINANCIAL FORUM 4

1

Students Name
Institutional Affiliation
Instructors Name
Course
Date

FINANCIAL FORUM 4

2

Sunder, A., Pasztor, J., & Henderson, R. (2021). What is failing us? An examination of
diversity initiatives in financial planning. Financial Planning Review, January, 1–20.
https://doi.org/10.1002/cfp2.1108
The authors, sunder et al. (2021) from the College of Financial Planning, Colorado, and
the Department of Financial Planning, Housing, and Consumer Economics, Georgia University,
point out the absence of diversity in the financial planning profession and examine this
phenomenon using a multi-dimensional approach. They find that racial bias against non-white,
whatever the amount, significantly hampers prospective financial planners' market prospects. They
outline the need to eliminate survivorship bias to contextualize better challenges by non-white
financial planners looking to build a career.
The data presented by the authors is significant in itself, especially when the debate on
racial prejudices against minority groups is rife. The article is an evaluative study published in
Financial planning review and extracted from the Wiley Online Library, a renowned repository for
original peer-reviewed, high-impact articles and thus stamping its credibility and resourcefulness
in the various fields of research.
Kim, K. T., Pak, T.-Y., Shin, S. H.,...

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