Finance

Considerations in Formulating Financial Plan

Considerations in Formulating Financial Plan

The financial plan refers to the projection of future financial course of action to be carried for the efficient execution of operating plans and effective accomplishment of the corporate objective. The financial plan provides a roadmap for guiding, coordinating and controlling a firm’s financi.....

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Characteristics of a Sound Financial Plan

Characteristics of a Sound Financial Plan

The financial plan refers to the projection of future financial course of action to be carried for the efficient execution of operating plans and effective accomplishment of the corporate objective. The financial plan begins with the preparation of strategic plans that in turn guides the formulat.....

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Importance of Financial Planning

Importance of Financial Planning

Financial Planning is a process of framing objectives, policies, procedures, programmes and budgets regarding the financial activities of a concern. This ensures effective and adequate financial and investment policies. It helps you determine your short and long-term financial goals and create .....

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Factors that Affecting the Cost of Money

Factors that Affecting the Cost of Money

The cost of money refers to the price paid for using the money, whether borrowed or owned. In a sentence, it is the rate of interest or dividend payment on borrowed capital. It is a rate of interest or dividend payment on borrowed capital. Factors that Affecting the Cost of Money 1. Production O.....

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Concept of the Cost of Money

Concept of the Cost of Money

The concept of the Cost of Money The cost of money refers to the price paid for using the money, whether borrowed or owned. In a sentence, it is the rate of interest or dividend payment on borrowed capital. Every sum of money used by corporations bears the cost. The interest paid on debt capital.....

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Objectives of the Financial Plan

Objectives of the Financial Plan

The financial plan refers to the projection of future financial course of action to be carried for the efficient execution of operating plans and effective accomplishment of the corporate objective. The financial plan begins with the preparation of strategic plans that in turn guides the formulat.....

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Concept of the Financial Plan

Concept of the Financial Plan

The concept of the Financial Plan The financial plan refers to the projection of future financial course of action to be carried for the efficient execution of operating plans and effective accomplishment of the corporate objective. The financial plan begins with the preparation of strategic plan.....

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Financial Planning Process

Financial Planning Process

A firm’s financial plan largely involves the forecast and use of various types of budgets. These budgets are prepared for every key area of the firm’s activities such as production, marketing, research and development, purchase and so on. The financial planning professional considers .....

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Factors to be Considered while developing Sales Forecasting

Factors to be Considered while developing Sales Forecasting

Any forecast can be termed as an indicator of what is likely to happen in a specified future time frame in a particular field. Sales forecasting is the process of estimating future sales. Accurate sales forecasts enable companies to make informed business decisions and predict short-term and.....

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Concept of Sales Forecast

Concept of Sales Forecast

The concept of Sales Forecast Financial forecasting is a significant part of the financial planning process. The financial forecasting begins with the sales forecast. The sales forecast is a forecast of firm’s future sales both in terms of volume and value. Accurate sales forecasts enable c.....

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Limitations of Sales Forecast

Limitations of Sales Forecast

Any forecast can be termed as an indicator of what is likely to happen in a specified future time frame in a particular field. Sales forecasting is the process of estimating future sales. Accurate sales forecasts enable companies to make informed business decisions and predict short-term and .....

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Basic Classes of Sales Forecasts

Basic Classes of Sales Forecasts

Any forecast can be termed as an indicator of what is likely to happen in a specified future time frame in a particular field. Sales forecasting is the process of estimating future sales. Accurate sales forecasts enable companies to make informed business decisions and predict short-term and long.....

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