PARTICULARITIES CONCERNING THE WAYS IN WHICH FINANCIAL CONTROL INFLUENCES ECONOMIC EFFICIENCY GROWTH

Ciurlau Loredana and Caruntu Alexandru
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Ciurlau Loredana: CONSTANTIN BRANCUSI UNIVERSITY OF TARGU JIU

Annals - Economy Series, 2015, vol. Special, 355-359

Abstract: Through their leadership, control shall ensure that effective, dynamic and operative findings that raise the value and quality of decisions. Control gets into the essence of phenomena, referred the matter to the negative aspects when they manifest themselves as trend and intervenes to prevent operative and liquidation proceedings. Evaluate the results of the control in relation to the standards and objectives, but also contribute to the prevention of tendencies and phenomena that require corrective decisions. Control manifests itself as a form of improvement of the management of the heritage, organization and management of the activity of economic units. The purpose of the article is to highlight the means of quantification on the efficiency of the process. Control work can be defined as a function of leadership, managerial tool, a means of knowledge of the reality and error correction. Control is a process by which to measure and verify attainment of qualitative and quantitative performance, things, activities they compared with planned objectives and indicate the corrective measures that are necessary.

Keywords: financial control; economic agents; financial statements; indicators; efficiency (search for similar items in EconPapers)
Date: 2015
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Journal Article: PARTICULARITIES CONCERNING THE WAYS IN WHICH FINANCIAL CONTROL INFLUENCES ECONOMIC EFFICIENCY GROWTH (2015)
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