Being the finance manager being of a company how will you
make finance forecasting
Answer Posted / srinivas annavarapu
First I will review the previous year's financial
statements to get an Idea about the financial operations.
Then will discuss with the management about the current
year's targets (viz. sales / services) & their growth
expectations. Based on that will prepare provisional P&L
acct & Balance sheet. I also will check whether there is
any posibility in cost cutting and make the adjustments
accordingly to arrive at expected profit.
| Is This Answer Correct ? | 25 Yes | 0 No |
Post New Answer View All Answers
What is Under Subscription?
What is the post- dated cheque?
What is 'fringe benefit tax (fbt)'?
Tell about Plastic Currency?
what happend to the DLF co. during recession why the slow down in it's share and comapny also?
Tell me something about icfai?
What is capital turnover ratio?
Why Is Depreciation On The Income Statement Different From The Depreciation On The Balance Sheet?
What are the problems in CIBIL updation? How will you convince your angry customer whose name is default list even after repayment of complete loan?
realationship bewteen bank& customer.
What's Purchase and selling of foreign currency?
What do you know about SEBI? State its functions?
What are functions of Banks and how does banking affect the economy of the country?
what should be the methology of business taxation ?
When should banks not pay the cheque?