financial planning 财政计划(课堂PPT)

cover future expenses, for instance through earning,
borrowing or using saved ca. sh.
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Financial planning
Financial planning is a task of determining how a business will afford to achieve its strategic goals and objectives.
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The Financial Planning activity involves the following tasks
Assess the business environment Confirm the business vision and objectives Identify the types of resources needed to achieve these objectives Quantify the amount of resource (labor, equipment, materials) Calculate the total cost of each type of resource Summarize the costs to create a budget Identify any risks and issues with the budget set
The role of financial planning includes three categories:
• Strategic role of financial management
• Objectives of financial management
• The planning cycle .
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Financial plan
In business, a financial plan can refer to the three primary financial statements created within a business plan.
Financial forecast or financial plan can also refer to an annual projection of income and expenses for a company, division or department. A financial plan can also be an estimation of cash needs and a decision on how to raise the cash, such as through borrowing or issuing additional shares of a company.
Financial Planning & Forecasting
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Financial plan
Generally speaking, a financial plan can be a budget, a plan for spending and saving future income.
This plan allocates future income to various types of expenses, such as rent, and also reserves some income for short-term and long-term savings.
A financial plan can also be an investment plan, which allocates savings to various assets or projects, expected to generate future income, such as a new business or a product line, shares in an existing business, or a real estate.
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The role of financial planning
The planning cycle
• Addressing present financial position • Determining financial elements of the business plan • Developing budgets • Cash flows • Interpretation of financial reports • Maintaining record systems • Planning financial controls • Minimising financial risks and losses
Usually, a company creates a Financial Plan immediately after the vision and objectives have been set.
The Financial Plan describes each of the activities, resources, equipment and materials that are needed to achieve these objectives, as well as the timeframes involved.
While a financial plan refers to estimating future income,
expenses and assets, a financing plan or finance plan
usually refer to the means by which cash will be acquired to
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Performing Financial Planning is critical to the success of any organization. It provides the Business Plan with rigor, by confirming that the objectives set are achievable from a financial point of view. It also helps the CEO to set financial targets for the organization, and reward staff for meeting objectives within the budget set.