Place of financial controlling in the financial management of industrial enterprises

Iryna Lapina
PhD in Economics, Associate Professor, Department of Financial Management and Stock Market, Odessa National Economic University, E-mail:irina.s.lapina@gmail.com

Anastasia Pinti
Postgraduate student, Department of Financial Management and Stock Market, Odessa National Economic University, E-mail:a_levenets@mail.ru

Cite this article:

Lapina, I., Pinti, A. (2016). Place of financial controlling in the financial management of industrial enterprises. Ed.: M. Zveryakov (ed.-in-ch.) and others [Mistse finansovoho kontrolinhu v sistemi finansovoho menedzhmentu promyslovykh pidpryiemstv; za red.: М. I. Zveriakova (gol. red.) ta in.], Socio-economic research bulletin; Vìsnik socìal’no-ekonomìčnih doslìdžen’ (ISSN 2313-4569), Odessa National Economic University, Odessa, No. 2 (61), pp. 194–202.

Abstract

The article deals with the problems associated with the introduction and development of financial controlling as the financial management function of industrial enterprises. It analyzes and concretizes specific problems of financial management and controlling of Ukrainian industrial enterprises in the modern conditions. The role and place of financial controlling in the system of financial management of the company are identified. It is proved that financial controlling is the most rational way to achieve efficient operation of the industrial enterprises based on the analysis of problems of financial management and controlling. The necessity of usage and improvement of different specific methods and tools of controlling at industrial enterprises is substantiated.

Keywords

financial management; financial controlling; financial controlling tools; enterprise management system.

JEL classification: G310; G320;  DOI: https://doi.org/10.33987/vsed.2(61).2016.194-202

UD classification: 658:341.233.1

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