What is it about?
The paper considers conceptual, methodical and practical aspects of the target financial forecasting at the micro level, i.e., the company level, as a new instrument of anticrisis financial management for a company to overcome its financial difficulties and enhance its financial position within a time-period of practically any length.
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Why is it important?
In the present-day environment the target financial forecasting is an effective instrument of the financial forecasting that enables to set up the base for overcoming the company’s financial difficulties and strengthening its financial position.The major fields of the target financial forecasting application are an anticrisis bankrupt company management, a management of the company at the verge of its bankruptcy, as well as a company’s investment appeal enhancement (in terms of its financial aspect).
Perspectives
The considered conceptual, methodical and practical aspects of the target financial forecasting of the company as a new instrument of the overall anti-crisis financial management stipulate its general contours as new implications for future research and practical application setting somewhat ‘starting point’ for future research in the field, first and foremost, in terms of its methodical and practical aspects.
Prof. Sergey Ivanovich Krylov
Ural'skij federal'nyj universitet imeni pervogo Prezidenta Rossii B N El'cina
Read the Original
This page is a summary of: Study on Target Financial Forecasting as an Instrument to Overcome Financial Difficulties: Concept, Technique and Practice, March 2022, Sciencedomain International,
DOI: 10.9734/bpi/niebm/v6/1912b.
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