Financial forecasting



Financial Forecasting

Introduction

Important areas for the financial manager are financial planning and financial forecasting. Plan and forecast concepts are not identical as financial forecasting is to examine the possible financial situation of the company in the future, the development of key areas of the strategy in the field of finance to provide the necessary stability of the enterprise to finance certain expenses.

Discussion

The objectives of financial forecasting are to define the sources of finance with the trends and dynamics analysis of the financial indicators that has direct impact on their internal and external factors and lastly, identification and assessment of the ...