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The Financial Management Control (F.M.C)-The Managerial Tool for Information and Reporting on the Economico-Financial Activity of the Economic Entity. Application Features

Author

Listed:
  • Viorica (Iuga) Dindãreanu

    (Valahia University Târgovi?te)

Abstract

In the present study, the financial management control (F.M.C) it is debated from the perspective of the managerial tool for information and reporting on the economic-financial activity of the economic entity, including its application features. Planning issues were covered, the way of exercise, activity reporting to executive and non-executive management and its use of the information provided. Regarding reporting, it was also proposed to develop an easy-to-access application that allows quick information at any time, with increased accuracy generating both consolidated, and individualized on the value of economic-financial deviations, number of constant deficiencies, the stage of their remediation, disciplinary and administrative investigations, sanctions etc., these not being limiting.

Suggested Citation

  • Viorica (Iuga) Dindãreanu, 2022. "The Financial Management Control (F.M.C)-The Managerial Tool for Information and Reporting on the Economico-Financial Activity of the Economic Entity. Application Features," Acta Universitatis Danubius. OEconomica, Danubius University of Galati, issue 18(5), pages 454-474, October.
    • Handle: RePEc:dug:actaec:y:2022:i:5:p:454-474
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