Planowanie finansowe w przedsiębiorstwach przemysłowych

Abstract

The financial planning is an essential part of economic planning in an enterprise. The aims of financial planning and economic planning are alike. The period of one year is the basic period of planning. But financial planning cannot be limited to one-year planning. Long-range planning of a continuous character is also required in an industrial enterprise. In particular, the investment costs and the standard of profit distribution ought to be planned for long years. Attempts of long-range financial planning are being undertaken in industrial enterprise at present. Financial planning in an enterprise is limited by excessive number of directive indexes. It causes also a limitation of the staff and management initiative. This factor weakens the responsibility of the enterprise for rational and effective activity. One-year plans in an enterprise are subject to frequent changes without any justified reasons. Admitting the need of certain elasticity of the financial plan in an enterprise, it seems that the principle of stability of plans should be accepted in a planned economy.