Financial modelling terms explained

Financial Plan

A financial plan is a detailed statement of the projected financial position, income and cash flows of an individual, business or project. It usually includes a balance sheet and a cash flow statement

What Is a Financial Plan?

A financial plan is a document that outlines an individual or organization's financial goals and objectives. The financial plan spells out how the individual or organization plans to achieve its financial goals. The financial plan usually includes a budget, a cash flow analysis, and a forecast of the individual's or organization's financial future.

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