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The process of forming the financial strategy of the enterprise consists of the following steps:
 definition of the strategy period;
 analysis of factors influencing the external environment company;
 formation of the strategic objectives of financial activity;
 Development of the financial policy of the company;
 Development of a system of measures to ensure the financial strategy firm;
 score developed financial strategy.

While developing the financial strategy of the firm it is very important to clearly and honestly, initially and correctly identify the strategy period. In our time, among small firms and enterprises common practice “firms-night” is strong enough when the purpose of obtaining benefits, tax evasion and the possible liability of the company exists on the strength of two – three years, and then often appears in the same composition, but with a different name.

Too much attention in the process of financial strategy should be paid to the analysis of environmental factors, the study of economic and legal conditions for the financial activities of the company, because it is often a variety of errors and crimes committed not by evil intent, but because of ignorance of the elementary rules, acts and laws. It is also important to pay special attention to the study of risk factors, monitor the trends taking place in the enterprise market segment of interest, record and take into account currency fluctuations and direction of economic policy of the country.

Next stage of the financial strategy of the company is forming strategic objectives of financial activities. The main goal should be to maximize the market value of the enterprise. All goals should be formulated more clearly and concisely. The goals should be reflected in specific terms, regulations. Typically, the strategic use of standards such as:
 annual growth rate of its own financial resources;
 rate of return on equity firm;
 ratio of circulating and non-current assets of the firm, etc.

On the base of financial strategy firm a financial policy of the company in specific areas of financial activity is formed: tax, depreciation, dividend, emission, etc.
Next you must develop a system of measures ensuring the implementation of financial strategy sets out the rights, duties, responsibilities and actions of heads of departments and divisions of the company for the results of the financial strategy of the firm.

The final stage of development of financial strategies of the firm is an assessment of the effectiveness of this strategy. This assessment should be carried out by several parameters:
1 the extent to develop financial strategy agreed with the overall company strategy, the identification of possible inconsistencies or contradictions are assessed. We improve the coherence of goals, directions and steps to implement these strategies.
1. the consistency of financial strategy firm with projected changes in the external business environment are evaluated .
2. flexible financial strategies are estimated, how quickly and accurately to respond with the firm for possible abrupt changes in the external environment.
3 the feasibility of the developed financial strategy is assessed, i.e. the possibility of firms in shaping their own and attracting foreign financial resources is considered
4. the impact of the financial strategy is evaluated, how it will affect the company’s position in the market, enhance its reputation, increase profits, etc.

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Under present conditions long-term financial planning covers the period from one year to three years. Long-term planning consists of developing the financial strategy of the enterprise and financial forecasting activities. The financial strategy of the enterprise is a definition of long-term goals of financial activity of the company and choosing the most effective ways to achieve them. The financial strategy must also be consistent with overall company strategy, although it also has on the overall strategy of an impact.

The base of long- term planning is forecasting, the incarnation of the company strategy.
Forecasting means studying the possible financial condition of firms in the future. The base of the forecast is a compilation and analysis of available information and then simulating of possible scenarios. Information base forecast is accounting and statistical reporting enterprise.
Unlike planning forecasting is not the task of implementing forecasts in practice, since the forecast is only possible to predict the scenario of the situation. Forecasting involves the development of alternative financial indicators and parameters. Their use in emerging and pre-predicted trends in the market helps define one of the options for the development of the financial situation of the enterprise.

Result of the long- term financial planning is to develop the three main financial documents:
 forecast profit and loss account;
 cash flow forecast;
 forecast balance sheet.
The main aim of creating these documents is to assess the company’s financial situation at the end of the planning period.

For making projections of financial documents is important to correctly determine the amount of future sales. It is necessary for the proper organization of the production process, distribution of funds, control of inventory. Forecast sales volume gives an idea of what market share the company requires to take. Projections are based on sales data for previous periods and market research, including surveys of potential consumers, the study of trends and new trends in the market.

Forecast sales are expressed in both monetary and in physical units.
By means of the forecast profit and loss account the value of their profits in the coming period is determined, it shows the dynamics of the financial operations of the enterprise.

Forecast balance reflects a fixed, the statistical picture of the company’s financial situation.
Forecast cash flow reflects the cash flows of the current, investment and financial activities. Demarcation activities in the development of the forecast improves cash flow management.
By means of using the cash flow forecast you can more accurately assess how much cash is needed at certain times to synchronize the receipt and expenditure of funds.

After compiling this forecast a funding strategy for the company is determined. Consistently are determined the sources of long-term financing, capital structure is formed and the cost, the way is chosen to build long-term capital.

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Current financial planning is an integral part of the long-term plan. It is based on the established financial strategy and financial policies on certain aspects of financial activity and represents a specification of its parameters. Developing specific types of ongoing financial plans allows the company to define the coming period, all sources of funding for its development, form the structure of revenues and costs the company to ensure continued solvency, determine the structure of assets and the firm’s capital at the end of the planning period.

Current financial planning is to develop three key documents:
 Plan cash flow;
 Plan of the profit and loss account;
 Plan balance sheet.

The main purpose of these documents is assessment of the financial situation of the company at the end of the planning period. The current financial plan is created for a period of one year.
A yearly financial plan is divided on a quarterly or monthly, depending on the funding needs. More specific plan allows you to more accurately coordinate the movement of funds to match income and expenses, eliminate cash gaps.

On the phase of creating the annual financial plan is established and respective capabilities of the enterprise for the production of products, services supply and demand in the market.
Current financial plans of the enterprise are developed from data on:

 financial strategy of the firm;
 results of financial analysis in the intervening period;
 planned volume of production and sales;
 other economic indicators of the operating activities of the company.

Also on plans developed affect the existing legislation, the tax system and other external factors.
For the financial instruments it is important to determine the amount of future sales, usually this plan is still at the stage of long-term financial planning.

Based on these data, the necessary amount of material and labor resources are determined and other composite manufacturing costs are calculated. And already, based on these data, a planned profit and loss account are developed. With this report profit margin is projected, which must be received in the settlement period.

At present time in medium and large enterprises method for planning costs of the centers of responsibility is widespread, when the head of each department is responsible for the costs of his department.

Then there is a plan for cash flow. This plan takes into account all receipts and disbursements, costs and expenses, shows the net cash flow, then there is an excess or deficit of funds at a particular time. In fact, it shows the cash flows of the current, investment and financial activities. Differentiation of types of activities can improve cash flow management.

The plan of cash flows for the year is drawn up by quarters and includes two main parts: income and expenditure. These parts are in turn divided into expense (income) by type of activity: the current, investment and finance.
Final document of current annual financial plan is a planned balance of assets and liabilities at the end of the planning period. It shows the condition of the property and finance companies as a result of the proposed activity.

The object of developing the balance plan is the formation of an optimal capital structure, providing sufficient financial stability of companies in the future period. Financial control is done by comparing actual performance with the plan.

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According to the time of writing financial plans can be divided into: introductory (organizational), current (operational), reorganized (anti-crisis), unifying (connectors, plans of merging), separating and liquidation plans.

Introductory (organizational) financial plans are formed by the date of the organization of the company.

Current (operational) financial plans are drawn up periodically throughout the period of operation of the company.

In respect of reorganized, unifying (connectors), separating, liquidation financial plans, it is easy to conclude that they are drawn in such a time when the company carried out the readjustment procedure (recovery), the company merges, divides or is under liquidation.

The need in the formation of reorganized (anti-crisis) financial plan occurs when a company is under the explicit bankruptcy. An anti-crisis financial plan should help answer the question of what actual damages the company has, whether there are reserves for the repayment of debt and what their estimated value, and to identify ways to resolve the situation.

Separating and unifying (connectors, plans of merging) financial plans can be called a plan-antipodes. Connectors (unifying, plans of merging) and separating financial plans are prepared for joining one company to another or during the division into several entities. That is the connection (unification, merging plans) and the separating plans are formed during the reorganization of a legal entity, which may take the form of merger, takeover, division, separation or transformation.

Unifying (connectors, plans of merging) financial plans are prepared by combining (merging) of two or more companies in one or join one or more structural units of the company.

Separating financial plans are prepared at the time of the division of the company into two or more companies or the allocation of one or more structural units of the company to another.

Liquidation financial plans are prepared at the time of liquidation. And the reasons for liquidation may be different – as a result of bankruptcy or closure as a result of the reorganization.

As for the content of the information displayed one can distinguish static and dynamic (flexible) financial plans.

Static plans contain one level of reporting, and dynamic (flexible) – several

Dynamic plans, of course, are more informative, but they are more difficult to draw up.. If in the static financial plan one variant of the situation is developed, in the dynamic – two or more. Accordingly, the complexity and time consuming preparation increase in proportion.
According to the volume of data plans may be single and consolidated (consolidated).

Single plans reflect the strategy of one company. Summary (consolidated) plans represent a strategy of action for the entire group of companies. These financial plans are often drawn up when it comes to the group of companies controlled by one person or group.

According to the purpose the financial plan can be divided into tentative and final. Tentative plans are to implement the controls, analytical procedures. As a rule, these plans are not transmitted to interested users, as they are instruments of internal control and analysis. Final plans are official documents of the company and serve for different sources to interested users to explore the financial plans of the company

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Under current economic conditions, the survival of businesses, not to mention their development, largely depends on the level of strategic planning. Only with a clear view about the goals of the company, their timely adjustment according to the changes in the external environment, a clear distribution of material and human resources can ensure the success of entrepreneurial activity.

What do we mean by planning? “The plan is a project of a desired future and ways to its effectively achieving.” It aims at achieving the ultimate goal, and indicates how it should deploy the scheduled time and space. In a broader interpretation: planning is the definition of objectives on a particular perspective, analysis of the ways of their implementation and resourcing. The concept of long-term planning was later formulated, also called strategic, or corporate.

How can one distinguish long-term planning from other planning processes? Sizer said that “long-term planning can be defined as systematic and formalized process, which aims to manage future operations, to achieve the desired goals in a period exceeding one year.”

From the other hand, short-term (current) planning, as well as budgeting must reflect current conditions and human and financial resources that the company has in this period. These plans are largely determined by the quality of long-term planning of the enterprise.

Under new conditions the role of planning is significantly changed: implementation of the plan is not an end in itself but a means for effective work. The plan should be adjusted to market conditions. Work shops and sites are evaluated not on the percentage of completion or on the over-fulfillment of plans, but on the implementation schedules of deliveries, product quality (the number of defects per 100 units), the use of production capacity, level and trends of costs and profits (for intra-settlement prices on the parts, semi- , services, etc.).

If proceed from the premise that planning is a management function, then company ‘s cost planning in the field of production must be considered as part of the development of industrial and financial plans to profit from the sale of manufactured goods (works, services) and the total profits of the enterprise.

In the process of developing of the long-term plans in order to select the correct solution you should have the following information:

• the projected costs of production (works, services);
• the level of costs in general in certain periods;
• the need for investment.

On the base of this information you can make a decision:

• What products to sell on a given market;
• at what prices;
• how to finance;
• where it is best to place the produce.

A preliminary costing, planning, revenue and control costs begin at the design stage and development of technology. The level of costs is laid on those stages. At the stage of preliminary cost estimates must be based on clearly defined output, consider the technology, possible substitutes for materials to breakdown of cost and quality indicators into its component parts to compare their advantages and disadvantages with those of competitors. This assessment should include the need to further upgrade the product.

Economic recession has made many people taking care of their retirement and future, search for various ways to save money and retirement financial planners. Those who are concerned about their retirement well-being, are recommended to visit this professional financial planner site – the right spot online to get professional pieces of advice and find out how organizing personal finances is made.

Fortunately we live in the world of high technologies. It wouldn’t be good not to avail oneself of this truly unique opportunity. Current Internet technologies help us break the borders and look for anything we need all over the planet. Check out different social networks, review relevant topics, participate in discussions in niche forums. All this will help you be well informed about the events concerning your hobby. Also, subscribe to the RSS on this blog not to miss new publications on the topic.

Proceeding from the specifics of the operation there are strategic, tactical and operational plans. In this case, two-, three-year development plan of the enterprise should include the following sections:
• Concept of Development (main trends of development, the objectives of enterprise resources and their use);
• a plan of production activities;
• a financial plan;
• an investment plan.

The annual plan for the current activities of small businesses includes two sections: a plan of production and a financial plan.

The plan of production activities of the enterprise includes a plan of distribution (selling) of products, production program, plan of logistics, plan of staff, the planned calculation of production cost and revenue plan.

The main indicators of the plan may be:
• range of products (works, services);
• sales (revenues);
• production costs;
• Income from production and sales.

On the change in demand the company can respond with the reduction of the planning period or the adjustment of plans.

The company wants more quickly to take into account market opportunities, the availability of orders and, on this basis, plan sales, production, profits, costs of production and other indicators. In some cases it is desirable to involve customers in the development plans.

While organizing the system of costs management it’s appropriate to lay out their reduction in the whole enterprise.
Financial plan ensures the transparency of financial and economic condition of the enterprise to owners, investors, creditors, and is a key element of financial management company.

The development of the financial plan allows you to combine the interests of the company’s development, availability of sufficient financial resources to carry out the operation, to ensure solvency.
The practice of development of operational plans provides for two schemes of work :by the method of break-down (\ “down \”) and the method of build-up (\ “bottom-up \”). By the method of \ “down \” the work starts from the top, starting with the overall goals and objectives of the financial plan. Then these problems in a more detailed form are included in the plans of divisions, which develop concrete action plans and the availability of resources needed to implement financial tasks.

While organizing works according to the method \ “bottom-up \” the calculations begin at the individual business units, and then are consolidated in a single financial plan for the company.

In the final analysis, all kinds of plans for the planned revenues and expenditures are summarized in the financial plan of the organization. It gives a full picture of where and when to get the money, what they will be spent for, as relates to the need for money in cash, what would be the financial situation of enterprises by the end of the planning period. Currently, the financial plan is recommended for the year broken down by quarters (according to accepted standards of accounting in the formation of Russia), as it will be the basis of the current fiscal control.

The financial plan includes the following sections:
• an income and expense plan;
•a plan of receipts and payments;
•a balance Plan;
• a plan on sources and uses of funds.

The development of the plan of revenues and expenditures begins with determining the volume (sales revenue) and cost of production and sales (cost).

The plan of cash receipts and disbursements is based on the plan of income and expenses. In this section, the financial plan reflects the actual cash receipts and disbursements. If the profit is the difference between the cost of sales and expenses, then the cash is the difference between actual cash receipts and disbursements.

World crisis has made lots of people look for ways to save funds and saving money expert. Another part who already have some cash and would like to make more, certainly might want mutual funds investment advice. Moreover, financial planning might be of great interest to young people as they need to arrange many things in their lives, and here financial advice for young people site may help them.

Luckily we live in the world of high technologies. It wouldn’t be good not to take advantage of this really unique chance. Modern online technologies allow us to break the borders and search anything we need all over the world. Check out different social networks, look through related topics, participate in discussions in niche forums. All this will help you be well informed about the events concerning your hobby. And, sign up for the RSS on this blog not to miss the latest publications on the topic.

As a rule a long and overly detailed description of the general issues makes you yawn, it has little use in practical terms, and the main effect of these definitions is that they are forced the readers to be tired and criticize severely these authors. In order not to fall into the same bad situation, we would like to give the bare minimum of information about the types of financial planning, selecting just the practical significance of the diversity of financial plans.

Time periods for which financial plans are prepared may be different. Usually financial plans are prepared on a rounded period – month, quarter, half year, 9 months, 1, 2, 3 or more years. This tradition has not developed itself, and due to ease of operation. It is much easier to plan and use it for, say, a year than a year and 10 days. Time span, for which the financial plan is compiled is essential. The most accurate are usually short-term plans. The least accurate are long-term plans. This is easily explained. It’s much more difficult to give an accurate forecast for a month, than for one day. The longer the planning period is, the greater may be factors, unimportant or unknown at the moment, which could significantly affect the situation in the future. None of the forecast can predict all future force majeure, this should have foresight. Hence, again it must be stressed the importance of the adjustment mechanism of the financial plan, taking into account changes in various internal and external factors. In the absence of such a mechanism, a financial plan drawn up to 5 years may be unrealistic in a few months.

So, short-term plans are easier to make and they are more accurately. Therefore, the short and long term plans are somewhat different.

The difference in preparing short-and long-term financial plans may also occur in the degree of details. Typically, short-term financial plans are more detailed. It’s more realistic to consider quite minor figures for a relatively short period of time than in the preparation of long-term financial plan.
Financial plans may be main and auxiliary (functional, private). Supporting plans are designed to provide basic preparation plans.

For example, the basic plan includes targets for revenue, costs, tax payments, and many others. But to reduce all the indicators in one plan, i.e. to make a basic plan, you must first make a number of subsidiary plans almost on each indicator. You should lay out the amount of revenue, cost and value of other indicators. And only then we can bring it all together, getting a basic plan.

Plans can be formed both within individual business units and across the company as a whole. Consolidated aggregate financial plan of the company, which includes major plans of individual units, will be a general financial plan
Users of financial plans may be different – the tax authorities, statistical agencies, lenders, investors, shareholders (founders), etc.

Economic recession has made lots of people search for various ways to save funds and saving money expert. Another part who already have some cash and would like to make more, no doubt might need mutual funds investment advice. Moreover, financial planning should be of help to young people as they need to manage with many things in their lives, and here financial advice for young people site may help them.

Fortunately we live in the world of digital technologies. It wouldn’t be wise not to take advantage of this truly unique chance. Modern online technologies help us break the borders and search anything we need all over the world. Go to social networks, look through relevant topics, join discussions in niche forums. All this will help you keep abreast of the events concerning your hobby. And, subscribe to the RSS on this blog not to miss new publications on the topic.

From the general point of view, one can distinguish the following levels of financial planning: long-term (investment) and short-term (current) planning.
Short-term financial decisions are usually easier to take than long-term. However, this does not mean that they are less important. The company can develop a very attractive investment project to determine the optimal ratio of debt and equity capital to develop the perfect policy dividends and still have no success because nobody has bothered to have enough cash to pay its current bills, i.e. company is not serious about issues of current budgeting.

The implementators of long-term financial plans tend to be dealing with aggregate investment performance and not immersed in the various parts. Numerous small investment projects are brought together and treated as one large project. For example, for each business unit holding developed three possible activities:

-the plan of aggressive growth, involving large investments, the development of new products, entering new markets;

-the plan of normal growth, suggesting growth in unit-growth market, and not due to attack on competitors,

-the plan of reducing costs, suggesting to minimize the required investment.
The conditions, that determine the effectiveness of financial planning, derived from the goals of this process and the desired result. In this sense, there are three basic conditions for financial planning:

-the availability of forecast model. The financial plans must be drawn in as accurately as possible determinants of prognosis. Meanwhile the prediction may be based on historical information, using the apparatus of mathematical statistics (expectation, trend lines, etc.), the results of predictive models (statistical models, taking into account the relationship of factors with each other and external factors), peer reviews, etc.

-the absence of the appropriate financial plan. To date, there is no model that solves for the manager, which of the possible alternatives should be adopted. The decision is made after studying the alternatives, based on professional experience and, perhaps, intuition, leadership. The problem of finance manager is to provide leadership of all possible palettes of possible outcomes of the planning period.

-Control over the realization of the financial plan into effect. Achieving long-term planning is impossible without a current plan, subject to these long-term plans. It is clear that no long-term plan cannot be executed with absolute precision. Requirement for planning accuracy should be increased as we approach the end of the planning period at the time of planning. Every plant manager should seek opportunities to improve compliance month plan, knowing that the intended result of the annual plan will not coincide with the fact. This is the reality of today’s economic existence.

Let’s define basic technological principles of financial planning.
-the principle of compliance is that the acquisition of current assets (working capital) should be planned mainly due to short-term sources. In other words, if the company plans to purchase consignments, to resort to finance the deal to issue bonds not to be. You must use the short-term bank loans or commercial loan provider. At the same time, for the modernization of equipment should be involved in long-term sources of funding.

Economic recession has made lots of people taking care of their retirement and future, look around for different ways to save money and retirement financial planners. Those who are concerned about their retirement well-being, are recommended to check out this professional financial planner site – the right spot on the Internet to get professional pieces of advice and learn how organizing personal finances is made.

Fortunately we live in the world of high technologies. It wouldn’t be good not to take advantage of this really unique chance. Modern online technologies provide us with a way to break the borders and search anything we need all over the world. Visit different social networks, review respective topics, participate in online discussions in niche forums. All this will help you keep abreast of the events concerning your hobby. And, subscribe to the RSS on this blog not to miss new publications on the topic.

There are two basic approaches of setting the advertising budget – analytical and nonanalytical.
As researches show the vast majority of businessman use non-analytic methods, which are based on experience or on simplified decision rules. Judging by the frequency of use, the most important method of this kind is the orientation in determining the budget for the marketing of the company («percentage of sales method»). Using this method, the magnitude of the budget is determined as a percentage of sales last year, or the expected future sales period, or the average sales for several years. Value of the interest, in turn, is a traditional business or industry is focused on tradition or set intuitively.

Method is based on determination of the advertising budget as the difference between the overall marketing budget and all other costs of marketing, was named «all you can afford method». This method is on the contrary; however, long-term, orderly planning and often leads to the complete uselessness of advertising, as different situations require different minimal advertising costs to do to achieve something.

Method parity with competitors means that the company uses as a scale for determining the budget the costs of competitors. The disadvantage of this method, along with the disadvantages, which include other approaches are absent, as a rule, sufficient information about the activities of competitors. Greater medium-and long-term success in the market are companies whose share of advertising spending in total sales is significantly higher than the market share (percentage method of advertising – share of the market).

Determination of required advertising costs per unit of production has been called «per unit method». Advertising budget is the product of the planned sale in pieces to the piece of advertising costs. The method is used primarily in companies with a homogeneous structure of production and stable sales.

Models listed above significantly simplify the planning. However, they have virtually no connection with the purposes of marketing. To make informed budget allocation among the various marketing tools you need to know the effect of different size advertising budgets to achieve the goal and not be better to use these funds as part of another marketing tool.
Analytic approaches are based therefore on finding a functional relationship between the advertising budget and the level of achievement.

World crisis has made lots of people look for different ways to save funds and saving money expert. Other guys who already made some cash and would like to make more, for sure might want mutual funds investment advice. Moreover, financial planning should be of help to young people as they need to manage with many things in their lives, and here financial advice for young people site can help them.

Fortunately we live in the world of high technologies. It wouldn’t be good not to take advantage of this really unique opportunity. Modern web technologies allow us to break the borders and look for anything we need all over the world. Check out different social networks, look through related topics, join discussions in niche forums. All this will help you keep abreast of the events concerning your interests. And, subscribe to the RSS on this blog to keep track of the latest publications on the topic.

We will tell you some tips to save money. Spending should be planned. Going out shopping, make a list (if you’re going for groceries), or simply a clear idea of what you want to buy. If you know that you need mascara, lipstick and face powder, you should not buy tonic, if it is still not over. If you need a skirt, then buy a skirt, not a dress, trousers, or more one bag. But it happens all the time, we go to the store even slightly imagining what we want, or buy what we were going to buy. You can still somehow justify buying a shirt instead of a blouse, but, for example, between pants and a bag I do not see any connection.

You should not follow your a spontaneous wish, to buy the first thing you see. You should tell yourself: I’ll buy it next month; you can check your desire. If by next month it will not disappear if have saved money for the purchase, then you just go and buy what you want, but if you do not need the thing and desire to have it disappear, thus you save money.

Secondly, the economy – is not to deny in quality things or necessary things. Economy – is to buy things of the same quality but at a lower price than you currently have planned initially. So, if you buy jeans on sale in the store, and not just cheap jeans, and you’ll save money and buy quality clothing.

And last but most important: how we used to distribute the money saved? Either immediately on the joys of spending on something else (especially not planned). And if you do not spend all the savings per month, but simply put off, at the end of the month to save enough amount that you can spend a much greater benefit.
You may also actively seek opportunities to save, bargain.

And another very important point. If you ask to calculate how much money is spent on snacks at work, then the sum will be impressive. All kinds of chips, crackers, ready-made salads, sodas, pastries and chocolates are harmful not only for your wallet, but also for your figure. Much more effective and more economical will be lunches, brought with you. Here, I’m not talking about sandwiches (although if you do not think about the figure, the sandwich will be much more economical than patties), and that can bring with them to work salads or anything else, cooked at home.

Economic recession has made many people taking care of their retirement and future, look around for different ways to save money and retirement financial planners. Those who are concerned about their future well-being, are recommended to go to this professional financial planner site – the right spot on the Internet to get professional pieces of advice and find out how organizing personal finances is made.

Fortunately we live in the world of digital technologies. It wouldn’t be wise not to take advantage of this really unique chance. Modern web technologies allow us to break the borders and look for anything we need all over the planet. Go to social networks, review respective topics, join online discussions in niche forums. All this will help you be well informed about the events concerning your hobby. And, sign up for the RSS feed on this blog to keep track of the latest publications on the topic.