Own Financial Control - Advance Operation the Relevance of Financial - Accounting Information to Public Enterprises

Journal Title: Academic Journal of Economic Studies - Year 2019, Vol 5, Issue 3

Abstract

Irrespective of typology and manifestation, control is the managerial tool through which the public enterprise benefits from efficient management of its own assets, debts and households, and at the same time it protects its public and private wealth. Moreover, control is the overall decision support, although the actions are individual. Between corporate governance, own financial control and relevant financial and accounting information a relationship of interconditionality is created so that the relevance of financial-accounting information enhances the quality of corporate management through economic and financial control and, in the context of substantiating its decisions and operationalising, the financial and accounting information relevant governance determines good governance that ensures both the protection and the harmonization of economic interests.

Authors and Affiliations

Cristian Florin Gheorghe

Keywords

Related Articles

Considerations on the Integration of Environmental Information in the Entity's Financial Accounting System

Starting with the ’70, environmental accounting was prone to debates within the scientific community. During the different stages in the environment accounting evolution, the development of this concept took place around...

The Religious Tourism – An Opportunity of Promoting and Developing the Tourism in the Vâlcea Subcarpathians

Religion has been and continues to be a major component for the ecumenical travels. A main factor in the development of this phenomenon is also the existence of a vast and diversified religious tourism potential (monaste...

Implementation of Resettlement Policy Strategies and Community Members’ Felt-Need in the Federal Capital Territory, Abuja, Nigeria

Over decades now, development-induced displacement and resettlement have taken place in the Federal Capital Territory, Abuja, Nigeria. To address the displacement and the resettlement problems, different resettlement pol...

Company Age and Voluntary Corporate Social Disclosure in Nigeria: A Study of Selected Listed Manufacturing Firms on the Nigerian Stock Exchange

The study investigates the effect of company age on voluntary corporate social disclosure among selected listed manufacturing firms on the Nigerian Stock Exchange. The specific objectives of the study is to ascertain the...

Aspects Regarding the Applied Treasury Analysis of the Economic Entities

In general terms, the measurement of the performance of economic entities is a system of control techniques designed to ensure that the achievements of the various liability centers comply with the rules established for...

Download PDF file
  • EP ID EP641969
  • DOI -
  • Views 99
  • Downloads 0

How To Cite

Cristian Florin Gheorghe (2019). Own Financial Control - Advance Operation the Relevance of Financial - Accounting Information to Public Enterprises. Academic Journal of Economic Studies, 5(3), 32-43. https://europub.co.uk/articles/-A-641969