ABSTRACT

Financial planning plays a crucial role both in the process of strategic planning and in the process of monitoring and control. It involves quantifying the financial implications of plans, identifying and assessing possible financial strategies and monitoring expenditure against implementation budgets. Figure 5 illustrates the scope of financial planning. Financial Planning https://s3-euw1-ap-pe-df-pch-content-public-p.s3.eu-west-1.amazonaws.com/9780203724972/4df65ed1-7817-4424-9be7-76f9df1770e8/content/fig_5_B.tif" xmlns:xlink="https://www.w3.org/1999/xlink"/>