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Improving the Financial Control – A Priority of Corporate Management Nowadays

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Author Info
Viorel Lefter
Costantin Roman
Cleopatra Sendroiu
Aureliana Geta Roman (Academia de Studii Economice Bucuresti)

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Abstract

The control serves for dynamic, preventive and real-time delivery of information and increases the quality of decisions. It reaches the essence of the phenomena, notices the negative aspects when they appear as tendency and intervenes operatively for preventing and canceling the causes. The control evaluates the results in comparison with the established norms and objectives, but it also contributes to preventing tendencies and phenomena that need corrective decisions. The control represents a form of improving the manner in which the patrimony is administrated, a form of organizing and conducting the activity of patrimonial units.

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Publisher Info
Article provided by Asociatia Generala a Economistilor din Romania - AGER in its journal Theoretical and Applied Economics.

Volume (Year): 4(509) (2007)
Issue (Month): 4(509) (April)
Pages: 29-36
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Handle: RePEc:agr:journl:v:4(509):y:2007:i:4(509):p:29-36

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Related research
Keywords: financial control; the methodology of financial control; the control system; control techniques.;

Statistics
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This page was last updated on 2009-12-16.


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