2. Financial plan refers to a series of financial countermeasures designed for the future but implemented now to achieve the goal of financial security of the company.
3. Financial budget refers to a series of budgets that specifically reflect the expected financial position and operating results of an enterprise in a certain budget period in the future, as well as value indicators such as cash receipts and payments, including cash budget, estimated income statement, estimated balance sheet and estimated cash flow statement.
The contents of financial forecast and financial plan are basically the same, and the financial budget should be more detailed.
For an investment project, financial planning or financial forecasting is mainly based on some methods to measure and compare how much incremental income the final result of this project can bring to the company, and this incremental income can only be regarded as a rough figure. The financial budget requires details of the amount of each income and expenditure.