E3S Web of Conf.
Volume 222, 2020International Scientific and Practical Conference “Development of the Agro-lndustrial Complex in the Context of Robotization and Digitalization of Production in Russia and Abroad” (DAIC 2020)
|Number of page(s)||8|
|Section||Food Security. Economics and Legal Regulation in the Agro-industrial Complex|
|Published online||22 December 2020|
Forecasting the financial results of the agribusiness company
Penza State Agrarian University, 440014, 30 Botanicheskaya Str., Penza, Russia
* Corresponding author: email@example.com
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.
© The Authors, published by EDP Sciences, 2020
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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