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What is "Financial Control" as a part of Financial management function?

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Question added by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.
Date Posted: 2014/12/02
Malik Khalid Mahmood
by Malik Khalid Mahmood , Regional Finance Manager , Leosons International FZ LLC

Effective and efficient utilization of assets, safeguarding the interest of company and the owners.  Be a controller of Finance to manage the finance in a way to cater the needs of business.

VENKITARAMAN KRISHNA MOORTHY VRINDAVAN
by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.

Financial control aims at: Effective Utilization of Assets to generate Revenue--To ensure assets as to whether they are adequately safeguarded--To verify how do the business carry on its activities to protect the interest of stakeholders in accordance with the business rules.

 

Lesley Lanag CMA CPA
by Lesley Lanag CMA CPA , Senior Accountant , Takaful Emarat Insurance (P.S.C)

Finacial control ensures effective use of funds in a planned way. 

Asim Azaldeen Abdalrahman Mhammed
by Asim Azaldeen Abdalrahman Mhammed , Property Manager , TAAM PROPERTY

Agreed with answers above

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