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Financial control - part of management and financial administration

Author

Listed:
  • Gabriel POPEANGA

    (Titu Maiorescu University, Bucharest)

Abstract

On the basis of these exhaustive considerations we ascertain that the control is an attribute of the company’s management, a function of the management and, at the same time, it is an independent activity. As a management function, the control endorses the parameters maximisation that refers to the results obtained, and to the increment of their attainment speed. Due to its importance, the financial control system can be considered as a needful instrument for the management for a regular surveillance of the activity of the administrative entity, with the purpose of taking on time the needed decisions.

Suggested Citation

  • Gabriel POPEANGA, 2008. "Financial control - part of management and financial administration," Finante - provocarile viitorului (Finance - Challenges of the Future), University of Craiova, Faculty of Economics and Business Administration, vol. 1(8), pages 138-141, December.
    • Handle: RePEc:aio:fpvfcf:v:1:y:2008:i:8:p:138-141
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    More about this item

    Keywords

    financial control; management; financial administration;
    All these keywords.

    JEL classification:

    • G00 - Financial Economics - - General - - - General
    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
    • G38 - Financial Economics - - Corporate Finance and Governance - - - Government Policy and Regulation

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