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Home > QFINANCE Dictionary > Definition of financial control

Definition of

financial control

Treasury Management

management of firm's finances the policies and procedures established by an organization for managing, documenting, and reporting its financial transactions

Recommended Further Reading (Term count)
  • Ensuring Effective Financial Control
    This checklist provides advice on how to ensure effective financial control.
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    Acquisitions of any size are a major undertaking for both the acquirer and the target. Substantial returns—in particular returns in excess of the cost of capital employed in the entire initiative—are required not only to create stockholder value, but also to justify the enormous investment of managerial time and effort that goes into a takeover. Many acquisitions succeed. Indeed, many corporate acquirers do a large number of deals and become...
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    In designing risk-based auditing and monitoring activities, it is important that the internal auditor works closely with the organization’s senior leadership and the board, or committee of the board, to gain a clear understanding of auditing and monitoring expectations and how these activities can be leveraged together to help minimize and mitigate risks for the organization. These discussions should also include leadership from the legal,...
  • Management Accounts: How to Use Them to Control Your Business
    Tony Skone (1995)
    Explains management accounts in an easily understandable style, especially for managers needing to make strategic decisions regarding their business. The emphasis throughout the book is on applying the information. Explains the jargon, identifies both what is important and what is irrelevant, and advises on what accounts information you should be receiving.

Definitions of ’financial control’ and meaning of ’financial control’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’financial control’ and other financial terms with our online QFINANCE Financial Dictionary.

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