THE EFFECTIVENESS OF THE FINANCIAL CONTROL AND TRAINING OPPORTUNITIES OF THIS ONE

Scorei Daniela
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Scorei Daniela: Constantin Brancusi University, Faculty of Economics, Romania

Annals - Economy Series, 2011, vol. 2, 186-192

Abstract: The financial control represents an audit activity of the manner in which the financial legislation is respected, with the purpose of preventing the use of unjustified expenses and to assure profit by using the material, financial and work resources. The efficiency reflects certain forms of concrete manifestation of the principle of rationality in the economic activity. The efficiency criteria express the necessity that the engaged factors should be used in optimum conditions, which means that the obtained results should be superior to the submitted efforts. The financial control is not limited to what is happening inside the company and is not limited to its perimeter. It equally regards the financial relations of the economic units with the outside, with the economic, administrative and social environment in which it develops its activity. The financial control is realised only with the help of the value indicators by the own organs of the economic unit, but especially through outside specialized organs which belong to the state or other public organisations. The necessity of the financial control consists in the fact that represents a means of prevention of the illegal facts, a means of identification of the deficiencies and a means of establishment of the measures necessary to become legal. These represent a source of information used un developing the general manager’s activity. The manager of the public entity must know and apply the functions of the control in taking future decisions, namely of: preventing, observing the situation, perfecting, adjusting the activity and correcting the disorders, provision and forecasting, coercive and reparatory

Keywords: control; resources; effects; management (search for similar items in EconPapers)
Date: 2011
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