Development of Risk-Oriented Technologies of the Corporate Financial Controlling System

A.S. Orobinsky, A.A. Alukhanyan, R.A. Sychev, M.G. Kholina
European Research Studies Journal, Volume XXI, Special Issue 1, 333-349, 2018
EOI: 10.11214/thalassinos.21.05.032

Abstract:

Financial controlling is one of the functions of financial relations of management system whose main task is to monitor the correct functioning of these relations at the level of a certain managed object with the purpose to decide on sufficiency and effectiveness of managerial decisions.The article considers some peculiarities of creation of a corporate system of financial controlling on the basis of systematization of the existing theoretical and methodical approaches.Also the article presents some directions of improvement of financial controlling tools as well as the results of development of risk-oriented technologies which are aimed at providing financial stability of modern corporations.


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