Improving the Financial Control – A Priority of Corporate Management Nowadays

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...

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Veröffentlicht in:Theoretical and applied economics 2007-04, Vol.XIV (4)
Hauptverfasser: Viorel Lefter, Costantin Roman, Cleopatra Sendroiu, Aureliana Geta Roman
Format: Artikel
Sprache:eng
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Zusammenfassung: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.
ISSN:1841-8678
1844-0029