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Forecast of the Economic- Financial Performance Based on Diagnostic Analysis

Author

Listed:
  • Daniela Cristina Solomon
  • Simona Elena Dragomirescu

Abstract

To ensure efficient financial management is necessary to achieve the forecast of economic and financial performance on the basis of diagnostic analysis, approach most often developed starting from the prediction of turnover and also necessary for shaping an organization's prospects. In financial management, the turnover’s increasing is considered an objective in itself, being interpreted as generating increased market share, profit. Sales condition therefore the entire activity of a company, their variation being considered the main risk factor of enterprise’s economic and financial performance and the staring point in their forecast.

Suggested Citation

  • Daniela Cristina Solomon & Simona Elena Dragomirescu, 2010. "Forecast of the Economic- Financial Performance Based on Diagnostic Analysis," Studies and Scientific Researches. Economics Edition, "Vasile Alecsandri" University of Bacau, Faculty of Economic Sciences, issue 15.
  • Handle: RePEc:bac:fsecub:10-15-25
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    More about this item

    Keywords

    performance; economic-financial indicators; diagnostic analysis; forecasting;

    JEL classification:

    • D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
    • G17 - Financial Economics - - General Financial Markets - - - Financial Forecasting and Simulation
    • M49 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Other
    • P47 - Economic Systems - - Other Economic Systems - - - Performance and Prospects

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