Strategic Controlling as Methodological Tool for Strategic Management of Expenses
Journal Title: Oblik i finansi - Year 2014, Vol 1, Issue 4
Abstract
Controlling is a tool for collecting, analyzing and assessing of necessary information on the status of the company. Such information is required by the managers for effective management decisions, which ultimately can reduce the level of risk. This article is dedicated to the nature and certain aspects of implementation of the strategic controlling as strategic cost management instruments in the enterprise. Highlights are given to the main aspects of strategic controlling influence on making effective decisions on strategic cost management. Revealed the differences in operational and strategic controlling, own vision of the strategic controlling structure of the company is offered. The attention is given to the instruments and methods of controlling. The advantages and disadvantages of each instrument are being studied. According to the authors, understanding the importance of controlling will provide the managers of the companies with more successful controlling use in the system of strategic cost management, and methods revealed in the article will make it possible to realize the task of controlling and therefore decide on controlling tools that should be used in a given situation.
Authors and Affiliations
Valentyna Khodzytska
Keywords
Related Articles
- EP ID EP89132
- DOI -
- Views 479
- Downloads 0
Comprehensive Assessment of the Natural and Economic Potential of Ukraine's Sustainable Development: The Methodology of the Formation
Overcoming destructive changes in the processes of transformation of the natural resource use of territorial communities requires the development of new approaches aimed at ensuring a balance of interests and effective i...
Methodical Approach to Determining the Quality of Accounting Data in Internal Audit
Nowadays, information as a product of accounting should reflect more complex, global and rapidly changing business processes, ensuring the ability of management to respond to the challenges of economic life adequately. H...
The Influence of Islamic Corporate Governance and Islamic Corporate Social Responsibility on Financial Performance of Islamic Commercial Banks in Indonesia
Islamic banks in Indonesia must implement good corporate governance and adhere to the principles of corporate social responsibility to have good financial performance and gain customers' trust. This study aims to determi...
Influence of Parameters of Agricultural Enterprises Activity on the Organization of the Managerial Accounting
The organization of managerial accounting in agricultural enterprises depends on their size and objectives, which is pursued by the owner (manager) when debugging the accounting system. The article is devoted to the stud...
Методичні розробки для цілей управлінського обліку в сільському господарстві й інших галузях економіки України: порівняння та критика
У статті здійснено короткий огляд методичних рекомендацій, розроблених для цілей облікового забезпечення управління витратами та розрахунку собівартості продукції (робіт, послуг) у сільському господарстві України та в ін...