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The Concept And Significance Of Financial Forecast

2011/1/6 11:16:00 34

Financial Forecast Concept


Prediction is the premise of scientific decision. It is based on the past information of the phenomenon studied and combined with some of the phenomena.

Influence

It is an important way for people to understand the world by using scientific methods to predict the future development trend of the phenomenon.

The so-called financial forecast is that financial workers predict the future of enterprises based on mathematical statistics and subjective judgment according to the information of enterprises' financial activities in the past period, combined with various factors that enterprises are now facing and are about to face.

Finance

Condition.


The purpose of forecasting is to embody.

Finance

The precondition of management is to help financial personnel to understand and control future uncertainty, minimize the ignorance of the future, make the expected goal of financial plan be consistent with the possible changes in the surrounding environment and economic conditions, and do well in the implementation of the financial plan.

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The Role Of Financial Forecasting

It should be pointed out that the size of the financial forecast is affected by its accuracy. The higher the accuracy, the greater the effect; vice versa.