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Among the following main methods in financial planning practice
can be used:
• method of economic analysis.
• normative method.
• method of balance calculations and cash flows.
• multivariate method.
• economic-mathematical modeling method and other methods.
,, BASIC FINANCIAL PLANNING TASKS ”.
Financial planning includes the formation of certain tasks of the company's
management. between:
- determine the reserves that the company can use to increase income,
- improvement of efficient use of capital formation of optimal ratio determination
costs and production plan,
- to ensure constructive
cooperation between banks, suppliers,
consumers - enterprises and partner organizations
in the field of financial
communications.
Types of financial planning.
Financial planning can be classified according to several criteria. But, as a
rule, financial planning in the organization is divided into segments depending on
the time of implementation of this activity.
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This approach is very common, because most business entities (private companies,
government
agencies or, for example, banks) set
targets for themselves when
determining time.
World and Russian management use a method divided into goals ;
a)
long term.
b)
medium term.
c)
short term.
If we consider
long-term goals,
then we mean strategic financial planning for
1-5 years.
Medium-term goals
within the framework of current financial planning are set
for a period of no more than 1 year.
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