A STUDY ON FINANCIAL PLANING AND FORECASTING WITH REFERENCE TO V FARM PLANTS SCIENCES PRIVATE LIMITED

Abstract

Financial planning and forecasting represents a blueprint of what a firm proposes to do in the future. So naturally planning over such horizon trends to be fairly in aggressive terms. While there are considerable variations in the scope, degree of formality and level of sophistication in financial planning across firms, we need to focus on common elements which include economic assumptions, sales forecast, pro forma statement, asset requirement and the mode of financing the investments.