Forecast-planning system of financial support for the development of industrial enterprises

Authors

DOI:

https://doi.org/10.34069/AI/2022.53.05.13

Keywords:

planning, forecasting, system, financial support, enterprise development, resources, agricultural engineering.

Abstract

The aim of the article is to develop a forecast-planned system of financial support for enterprise development based on approaches to forecasting factors influencing the need for financial resources to ensure enterprise development and planning financial support for enterprise development. In order to ensure high-quality and accurate forecasting of external and internal environmental factors necessary for further planning and the possibility of sound planning, the system has formed forecasting and planning modules. Based on the structure of the forecasting module with the identification of key factors influencing the financial security of the enterprise and comparing the most effective forecasting methods, an approach to forecasting factors influencing the need for financial resources in ensuring the development of agricultural machinery. The forecasting module is built by combining quantitative forecasting methods based on the approximation of existing trends with quantitative and qualitative approaches based on expert assessments. Based on a combination of balance, calculation-analytical and program-target planning and formalization of the choice of the date of the beginning of measures to manage financial security depending on the importance of the event, an approach to planning financial support for enterprise development. In the planning module, the external element in relation to the financial management system is the goal-setting system of the enterprise, which determines the mission and its goals in the areas of development. Approbation of the forecast-planning system at PJSC "Harvesters" was carried out. The results would be useful for practitioners, for the effective implementation of sustainable planning and forecasting of enterprise resources in accordance with the objectives of its development.

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Author Biographies

Inna Litvin, National Academy of Agrarian Sciences of Ukraine, Kyiv,Ukraine.

PhD, Head of the Department of Transport and Logistic Management,  Associate Professor of Kyiv Agrarian Institute of the National Academy of Agrarian Sciences of Ukraine, Kyiv,Ukraine.

Maryna Fesenko, Classic Private University, Zaporizhzhya, Ukraine.

Doctor of Economics, Professor of Classic Private University, Zaporizhzhya, Ukraine.

Olena Hurman, Khmelnitskyi Cooperative Trade and Economic Institute, Khmelnitskyi, Ukraine.

Ph.D. of  Pedagogical Sciences, Associate Professor of Department of Marketing and Management, Khmelnitskyi Cooperative Trade and Economic Institute, Khmelnitskyi, Ukraine. Head of the Department of Transport and Logistic Management.

Halina Nahorniak, Ternopil Ivan Puluj’s National Technical University, Ternopil, Ukraine.

PhD, Head of the Department of Transport and Logistic Management,  Associate Professor of Ternopil Ivan Puluj’s National Technical University, Ternopil, Ukraine.

Оksana Kuzmenko, State University of Infrastructure and Technology, Kyiv, Ukraine.

Associate Professor of Theoretical and Applied Economics, State University of Infrastructure and Technology, Kyiv, Ukraine.

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Published

2022-07-04

How to Cite

Litvin, I., Fesenko, M., Hurman, O., Nahorniak, H., & Kuzmenko О. (2022). Forecast-planning system of financial support for the development of industrial enterprises. Amazonia Investiga, 11(53), 132–145. https://doi.org/10.34069/AI/2022.53.05.13

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Articles