Keyword: «financial planning»

Finance of commercial structures can be represented as a system of monetary relations on the formation, distribution and use of resources and revenues to ensure the reproduction process at a particular organiza-tion. Effective financial management organization is possible only in the planning of all financial resources, their sources relation-making business entity. Financial planning is closely linked with the planning of pro-duction and economic activity. The authors represent the method of financial planning at an exporting enter-prise.

The importance of financial planning increases In today's market because any activity of enterprises and entrepreneurs involves certain risk, brings profit or loss and must be pre-calculated and justified in different ways, before making a decision. The availability of funds, their expenditure, the financial position of the enterprise determines its normal functioning, outcomes, and bankruptcy avoidance.

The article discusses which external and internal factors may influence the development of a financial plan for innovative projects at powder metallurgy enterprises. It also gives a general idea of what projects today may be considered as innovative projects in the field of powder metallurgy. The key indicators are calculated in the financial plan of the innovation project. The author gives general recommendations concerning financial planning and the enterprise as a whole, in order to minimize financial losses during the implementation of innovative projects.

The author analyzed the process of budgeting in the organization and identified the features and problems of its organization in the budget institution. In the course of researches the author reveals the basic directions allowing to soften the process of planning in organization.

Within the framework of the study, the issues of organizing financial management in modern large corporations in various countries of the world are considered. Studied the issue of effective management and problems existing in this area. Based on this, it should be concluded that with competent handling of the facts of the organization's economic life, carrying out the necessary calculations, you can get a high result of the work.