Preparation of forecast financial documents in the mechanism of planning the financial potential of the enterprise

The subject of the study is the preparation of forecast financial documents in the mechanism of planning the financial potential of the enterprise.

The purpose of the study is to investigate the need to develop forecast financial documents as an

important stage of planning the financial potential of the enterprise.

Research methods. The work uses the dialectical method of scientific knowledge, the method of

analysis and synthesis, the comparative method, and the method of summarizing data.

Work results. The article describes the components of financial forecasting. Three models of

financial planning are considered. The sequence of forming the cash flow report is outlined.

Conclusions. The calculation of the forecasted financial potential of the business entity must be

carried out on the basis of long–term net profitability (profitability from operations with fixed assets,

namely profit from investment of fixed capital) and financial stability, taking into account the forecast of

increased profitability of equity capital, growth, preservation or restoration of liquidity. The forecasted

financial potential should be based on the generation of net cash flow, which would allow, due to the

growth of gross revenue and return on equity, to increase or restore lost financial stability, especially

the ratio of current solvency, taking into account the effect of operating and financial levers and the

realism of the forecast of the growth of own working capital in the monetary form.