摘要：The total level of the financial resources and the company’s financial power, thecapital’s cost as related to the average one on branch and to the competitors, the availablecapital’s structure and flexibility, the company’s profitability, the liquidity, the debt level, thefinancial planning quality, the working capital’s level and the efficiency of using it, the budgetprocedures’ quality, the accounting system’s quality, the level of control procedures and internalaudit are only some of the factors that the management has to consider in order to provide thecompany’s competitiveness on the market. Certainly, the financial forecasting does not avoid forirritable surprises to bring about real crises. Still, the advantage of the financial projectionbasically consists of determining the managers to take into consideration the possible deviationsfrom the anticipated objectives. From this perspective, the paper captures some essentialaspects regarding the financial policy and strategy, focusing on the conducted investigation typestudy through which we wanted to capture the managers’ opinions regarding the financialforecasting, as well as the level in which financial policies and strategies are being elaboratedinside the Romanian companies.
