Financial control - part of management and financial administration

Gabriel Popeanga
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Gabriel Popeanga: Titu Maiorescu University, Bucharest

Finante - provocarile viitorului (Finance - Challenges of the Future), 2008, vol. 1, issue 8, 138-141

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.

Keywords: financial control; management; financial administration (search for similar items in EconPapers)
JEL-codes: G00 G32 G38 (search for similar items in EconPapers)
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:aio:fpvfcf:v:1:y:2008:i:8:p:138-141

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