Financial Forecasting 1

Preparation of Capital Budget Proposal

University of Affiliation

Name

Professor

Unit

Date
Financial Forecasting 2

Discussion

As a financial manager, I will identify the financial objectives of the company, clearly

defining the development goals, taking consideration of their time frame. With the fact that there

are many projects to handle, I will sort help from members of my department to develop a

criterion for evaluating the projects, for the purpose of listing them in regard to priorities (Abor,

2017). Some of the consideration will be the overall benefit it will have to the public and its

safety and healthy factors. Data to be used in estimation of the funding will be collected from

balance sheets, income statements and cash flow statements, to projection a projection on the

financial capabilities of the company in the long term (Abor, 2017). In addition, feasibility of the

project will be also evaluated, by taking consideration of its workability, benefit of the project

and if it will be able to raise the value of the organization. a proposed budget will be drafted

taking consideration of long term returns. Also, measures for tracking and monitoring the project

will be laid down (Abor, 2017).

Financial Forecasting 3

References

Abor, J. Y. (2017). Evaluating Capital Investment Decisions: Capital Budgeting.

In Entrepreneurial Finance for MSMEs (pp. 293-320). Palgrave Macmillan, Cham.