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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.

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