From Professional Competence to Professional Contingency in Financial Control

Silviya Kostova ()
Additional contact information
Silviya Kostova: D. A. Tsenov Academy of Economics /Department of Control and Analysis of Economic Activity, Svishtov, Bulgaria

ACCOUNTING AND CONTROL: TRADITIONS AND NEW CHALLENGES IN VALUE CREATION AND SUSTAINABILITY, 2025, issue 1, 123-130

Abstract: In the context of a dynamic economic environment, the traditional model of financial control, based on professional competence, proves insufficient. A transformation toward professional contingency is necessary, which includes adaptability, risk management, and technological flexibility. The aim of the report is to analyze this transition and evaluate its impact on the effectiveness of control systems. The results indicate that the contingent approach improves accountability and sustainability through the integration of key elements, enabling organizations to better cope with the challenges of the modern market and technologically integrated control mechanisms.

Keywords: Financial control; professional competence; professional contingency; technological adaptation; control flexibility (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
https://ue-varna.bg/uploads/filemanager/303/publis ... ing-control-2025.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:vrn:acctnc:y:2025:i:1:p:123-130

Access Statistics for this article

ACCOUNTING AND CONTROL: TRADITIONS AND NEW CHALLENGES IN VALUE CREATION AND SUSTAINABILITY is currently edited by Nadezhda Popova-Yosifova

More articles in ACCOUNTING AND CONTROL: TRADITIONS AND NEW CHALLENGES IN VALUE CREATION AND SUSTAINABILITY from University of Economics Varna Contact information at EDIRC.
Bibliographic data for series maintained by Nadezhda Popova-Yosifova ().