Target financial forecasting as an instrument to improve company financial health

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 ti...

Descripción completa

Guardado en:

Detalles Bibliográficos
Autor principal:	Sergey Krylov
Formato:	article
Lenguaje:	EN
Publicado:	Taylor & Francis Group 2018
Materias:	target forecasting financial ratios cash flows financial difficulties company Business HF5001-6182 Management. Industrial management HD28-70
Acceso en línea:	https://doaj.org/article/23469ad93ce4404ab6f7c75a18b70b22
Etiquetas:	Agregar Etiqueta Sin Etiquetas, Sea el primero en etiquetar este registro!

id	oai:doaj.org-article:23469ad93ce4404ab6f7c75a18b70b22
record_format	dspace
spelling	oai:doaj.org-article:23469ad93ce4404ab6f7c75a18b70b222021-12-02T14:36:22ZTarget financial forecasting as an instrument to improve company financial health2331-197510.1080/23311975.2018.1540074https://doaj.org/article/23469ad93ce4404ab6f7c75a18b70b222018-01-01T00:00:00Zhttp://dx.doi.org/10.1080/23311975.2018.1540074https://doaj.org/toc/2331-1975The 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. The methodology of the research, the results being presented in the paper, is based on the concept of the financial ratio analysis, the concept of the company cash flows, and the concept of the Balanced Scorecard (in terms of its financial score). It is depicted that the procedure of the target financial forecasting comprises an appropriate information-accounting support, a target financial forecasting of the company financial position, a target forecasting of the company’s cash flows, a development of the specific events (managements’ decisions) aimed at overcoming the company’s financial difficulties and enhancing its financial position. The author has stated that 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).Sergey KrylovTaylor & Francis Grouparticletarget forecastingfinancial ratioscash flowsfinancial difficultiescompanyBusinessHF5001-6182Management. Industrial managementHD28-70ENCogent Business & Management, Vol 5, Iss 1 (2018)
institution	DOAJ
collection	DOAJ
language	EN
topic	target forecasting financial ratios cash flows financial difficulties company Business HF5001-6182 Management. Industrial management HD28-70
spellingShingle	target forecasting financial ratios cash flows financial difficulties company Business HF5001-6182 Management. Industrial management HD28-70 Sergey Krylov Target financial forecasting as an instrument to improve company financial health
description	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. The methodology of the research, the results being presented in the paper, is based on the concept of the financial ratio analysis, the concept of the company cash flows, and the concept of the Balanced Scorecard (in terms of its financial score). It is depicted that the procedure of the target financial forecasting comprises an appropriate information-accounting support, a target financial forecasting of the company financial position, a target forecasting of the company’s cash flows, a development of the specific events (managements’ decisions) aimed at overcoming the company’s financial difficulties and enhancing its financial position. The author has stated that 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).
format	article
author	Sergey Krylov
author_facet	Sergey Krylov
author_sort	Sergey Krylov
title	Target financial forecasting as an instrument to improve company financial health
title_short	Target financial forecasting as an instrument to improve company financial health
title_full	Target financial forecasting as an instrument to improve company financial health
title_fullStr	Target financial forecasting as an instrument to improve company financial health
title_full_unstemmed	Target financial forecasting as an instrument to improve company financial health
title_sort	target financial forecasting as an instrument to improve company financial health
publisher	Taylor & Francis Group
publishDate	2018
url	https://doaj.org/article/23469ad93ce4404ab6f7c75a18b70b22
work_keys_str_mv	AT sergeykrylov targetfinancialforecastingasaninstrumenttoimprovecompanyfinancialhealth
_version_	1718390996303085568

Target financial forecasting as an instrument to improve company financial health

Ejemplares similares