Proceedings of the International Conference on Economics, Management and Technologies 2020 (ICEMT 2020)

The Fundamentals of Financial Forecasting Condition of Oil Production Enterprise

Authors
Ahmed Abedi, Leonid Zaionchik
Corresponding Author
Ahmed Abedi
Available Online 12 May 2020.
DOI
https://doi.org/10.2991/aebmr.k.200509.017How to use a DOI?
Keywords
coefficient, analysis, methods, assessment of financial, financial forecasting, forecasting financial, the regression analysis
Abstract
The forecasting financial condition of the enterprise aims to assess financial prospects for the future period, based on the results obtained, plan future actions and recommendations for improving financial performance. As such, there are no separate approaches to forecasting exactly the financial condition of an oil producing company, there are only separate methods, there are 4 groups of them (expert estimation methods, deterministic, stochastic, trend extrapolation methods). A method for predicting the financial condition of an oil producing enterprise is proposed. Of the existing methods, a regression analysis method was chosen because it considers the forecast and changes in the environment and industry in the long term.
Open Access
This is an open access article distributed under the CC BY-NC license.

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Cite this article

TY  - CONF
AU  - Ahmed Abedi
AU  - Leonid Zaionchik
PY  - 2020
DA  - 2020/05/12
TI  - The Fundamentals of Financial Forecasting Condition of Oil Production Enterprise
BT  - Proceedings of the International Conference on Economics, Management and Technologies 2020 (ICEMT 2020)
PB  - Atlantis Press
SP  - 87
EP  - 90
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.200509.017
DO  - https://doi.org/10.2991/aebmr.k.200509.017
ID  - Abedi2020
ER  -