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What is the relationship between financial analysis and management control?

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Question added by Nadjib RABAHI , Freelancer , My own account
Date Posted: 2016/11/20
Nazmul Islam CMA
by Nazmul Islam CMA , Manager , Robi Axiatal Ltd.

Financial analysis helps all stakeholders to have idea about the financial strength, liquidity, growth, profitability, future direction of the company whereas management control oversees all the key functions including production, quality, sales , hr policy along with the financial matters.

Ashraf E. Mahmoud (PhD)
by Ashraf E. Mahmoud (PhD) , University Lecturer, Freelancer Consultant and Trainer for Int'l Business & Banking TF. , FreeLancer

Thanks for invitation,

The "Financial Analysis" is one of the pivot elements for "Management Control", especially for budgeting and finance. 

Rajeevan Pathikkal
by Rajeevan Pathikkal , Accounts Manager , Mariya Group

Both are interrelated. Without proper financial analysis a company cannot do its Management Control.

So, the Financial Analysis is the path towards Management Control.

 

 

 

Ali Hassan Mohammed Saleh
by Ali Hassan Mohammed Saleh , Financial Manager , Jumaan Exchange

I thank you my teacher, at this question

Financial Analysis explain to manage the financial situation of the company, as the following analysis helps to assess the current financial situation and take the necessary decisions and actions, which will improve the company's performance, or growth and development if the company achieved good results.

Ahmed Abdu
by Ahmed Abdu , Sector director , Oriental weavers group

 to highlight the financial implications of plans

to define the resources required to achieve these plans

to provide a means of measuring, viewing and controlling the obtained results, in comparison with the plans

AHMAD OMAR  CMA-CertIFR
by AHMAD OMAR CMA-CertIFR , Accounting Manager , NADIA BAKHURJI ARCHITECTS & INTERIOR DESIGN CONSULTANTS

I think that Financial Analysis & management control, needs the preparation of budget in an entity, which provide performance criteria

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