Financial planning plan: Introduction. Financial planning and its essence



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FINANCIAL PLANNING AND CONTROL

 
4. Profitability 
Ensuring an organization’s overall operational efficiency leads to the smooth 
functioning of every organizational department. It, in turn, increases productivity, 
which comes with a direct, positive relationship with profitability. Hence, 


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establishing effective financial control measures ensures the improved profitability 
of any business. 
5. Fraud prevention 
Financial control serves as a preventative measure against fraudulent activities in 
an organization. It can help prevent any undesirable activities such as employee 
fraud, and many others by monitoring the inflow and outflow of financial resources. 
- Conclusion.
In conclusion, financial planning and control are indispensable components of 
sound financial management for individuals and organizations alike. By integrating 
disciplined planning and effective control measures, entities can optimize their 
financial resources, mitigate risks, and work toward achieving their short- and 
long-term objectives. 
By embracing the symbiotic relationship between financial planning and control, 
individuals and organizations can cultivate a robust financial management 
framework that fosters sustainability, growth, and resilience. This integrated 
approach provides a solid foundation for realizing financial aspirations and 
weathering the complexities of an ever-evolving economic landscape. 


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 Used literature. 
- A.V. VAHOBOV, T.S. MALIKOV, “Finance “ 
- Literatures of Oxford Academy 
- Literatures of Harvard Universities 
- International financial information
- Financial slides 
And another financial literatures.
 
 
 
 
 

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