Short Term Financial Planning

Short Term Financial Planning

Financial Planning

Financial planning is one of the most primary goals of the finance department in any organization. This make it possible for the organization to estimate the capital required in the organization in the current fiscal year and also in some future time period Financial planning is a procedure for framing financial issues and policies devised for them in relation with the procurement, administration and also the investments of the funds for any organization (www.managementstudyguide.com).

Financial planning is bifurcated into two measure kinds which are short term and long term financial planning. The kinds are determined ...