Pronósticos financieros como herramienta para la toma de decisiones en proyectos de inversión de empresas de producción.

Abstract

Financial and economic planning is a comprehensive process that tells how to manage the resources of an organization, economic activity or new initiatives in entrepreneurship for the achievement of certain objectives, this requires the realization of different budgets or projections. Budgeting is oriented towards the calculation of figures to forecast revenues and expenses of an economic activity. From the perspective of the new entrepreneurial initiatives, financial forecasts allow also evaluating the viability of a project. In this sense, the problem of research addresses why financial forecasts is adequate tool for decision making in investment projects in production companies? Consequently, sets as an objective of research: Learn about the importance of financial forecasts as a tool for decision making in investment projects in production companies. The research results allowed to show that budgets are tools for proper financial planning in the short and long term, the budget process consists of making projections of sales, expenses, flows of effective, results and financial position of the project's assets. It was found that financial projections are instruments that contribute to make sound decisions about a project.