Modern views on financial and strategic planning in the Russian Federation

The article is devoted to the formation of an idea of the basic approaches to the concept of financial planning, its significance in crisis situations. The purpose of the article is due to the presence of problems in understanding financial planning, which is valuable both in terms of managing personal finances of citizens and business entities, and state funds of funds. The article talks about the need to develop a clear system of using monetary resources to resolve relations, which in one way or another have been affected by the negative consequences of crises of different years of a financial and epidemiological nature. Attention is paid to aspects of the economic stability of the state, the maintenance of which is possible with high-quality compilation of socio-economic forecasts and the implementation of sound financial planning. The author emphasizes the need to pose the methodological problem of assessing possible risks for modeling positive or negative circumstances in the implementation of financial planning. Particular attention is paid to the issue of strategic management in the Russian Federation, the powers and procedure for interaction between state authorities and local authorities in the implementation of activities related to strategic management in general and financial planning in particular. The author compares the concepts of financial planning and strategic planning, analyzes the regulatory legal acts that consolidate the foundations of financial and strategic planning in the Russian Federation, constituent entities of the Russian Federation and municipalities. The principle of balanced strategic planning system and the principle of balanced budget are analyzed and compared. It is concluded that financial planning in a general sense can be understood as the process of implementing financial policy associated with modeling positive and negative situations that require appropriate financial resources to maintain or eliminate them.

financial planning, financial forecasting, financial activities of the state, budgetary activities of the state, strategic management