Key Factors Forming the Design of Management Control System in Non-governmental Organizations[Klíčové faktory ovlivňující podobu controllingu v nestátních neziskových organizacích]

In order the management control system of an organization to be efficient, it has to be tailormade and fits to specifics of both the organization itself and the sector the organization operates in. The paper analyses the specifics typical for management control system of nongovernmental organizations (NGOs). The paper identifies key factors forming the design ofmanagement control systems of NGOs. These are: (a) the absence of profit-based criteria enabling to measure the effectiveness of organization's operations, (b) risk aversion and emphasis on the balance between revenues and expenses and (c) focus on the transparency of an organization. Besides these key differences the paper identifies other typical differences resulting from conditions under which NGOs usually operate. Finally, the paper provides basic principles that should be reflected when designing the management control system of NOGs.