Predictive assessment of the company's financial condition as the basis for its development

Financial forecasting can significantly improve the management of the enterprise by ensuring the coordination of all factors of production and sales, the relationship of the activities of all departments, and the distribution of responsibility. The degree of compliance of the conclusions made during the analysis of the financial condition of the enterprise with the reality is largely determined by the quality of the information support of the analysis. Despite a lot of criticism of accounting statements in our country, entities external to the company usually do not have any other information.