The Fundamentals of Financial Forecasting Condition of Oil Production Enterprise
Ahmed Abedi, Leonid Zaionchik
Available Online 12 May 2020.
- 10.2991/aebmr.k.200509.017How to use a DOI?
- coefficient, analysis, methods, assessment of financial, financial forecasting, forecasting financial, the regression analysis
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.
- © 2020, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
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 - 10.2991/aebmr.k.200509.017 ID - Abedi2020 ER -