To grow their business, organizations need accurate and up-to-date tools to develop sound financial planning strategies. The lack of comprehensive models that use modern tools and methods to facilitate strategic planning of organizations (with the least deviation from t
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To grow their business, organizations need accurate and up-to-date tools to develop sound financial planning strategies. The lack of comprehensive models that use modern tools and methods to facilitate strategic planning of organizations (with the least deviation from the strategic financial goals) is considered a research gap. In this study, a model to help formulate strategic planning of organizations in the financial sector (to make more accurate and precise decisions) presented. In this Intelligent Adaptive Control model, the Elman neural network has applied for system identification and adaptive algorithm process. The data used to build the model, according to the financial statements of Pars Oil Company between 1379 and 1397, have been obtained through Codal website. Profit-making indicators (including Operational Revenue, Other Operational Revenues & Costs, Other Non-Operational Revenues & Costs, Actual Costs, Executive & General Costs, Financial Costs, and Income Tax) used as a measure of a company's financial performance. The output of this model determines the allowed intervals of changes of these indicators to achieve the desired goal
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