Forecasting the financial results of the agribusiness company

Autor: Olga Novichkova, Marina Fedotova, Olga Tagirova, Alexey Nosov
Jazyk: angličtina
Rok vydání: 2020
Předmět:
Zdroj: E3S Web of Conferences, Vol 222, p 06016 (2020)
ISSN: 2267-1242
Popis: Competent management of the company’s activities is largely determined by the ability to manage financial results, analyze the features of their formation, which ensures the effective functioning of the organization. Timely analysis allows to study development trends, deeply and systematically examine the factors of changes in activity results, justify plans and management decisions, monitor their implementation, identify reserves for improving the efficiency of economic activity, evaluate the results of the enterprise, and develop an economic strategy for its development. For commercial enterprises, the main criterion for performance assessment is the financial result. At the same time, not only the goals and objectives of the company are multiple, but also the methods used by specialists in planning of the financial results formation. The quality of management of financial results largely determines the effective operation of the company, the stable pace of its work and competitiveness in modern economic conditions.
Databáze: OpenAIRE