Implementation of the scenario approach in the business planning of an oil company

Abstract

The article considers the conceptual provisions of business planning on the example of oil industry companies as a modern effective tool for corporate financial management. In the conditions of high volatility and non-linearity of the macroeconomic environment of oil industry companies, a business plan allows you to determine the acceptable range of changes in key financial indicators for the coming years in order to quickly respond to the company's management and ensure planned strategic goals and strategies. On the example of the oil production business block, the main indicators that should be taken into account when drawing up a business plan are systematized, and a financial plan has been developed taking into account scenarios for changing macroeconomic parameters and deflators.