Financial control


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Financial control

The management of a firm's costs and expenses in relation to budgeted amounts.

Financial Control

Any measure of how well a company or department controls its costs, sometimes expressed as how far under or over budget it is.
References in periodicals archive ?
The three year Internal Financial Control Strategy presents the reforms framework for the next period
The Financial Control Center was introduced by the Bank of Moscow in 2011.
The sides particularly signed the relevant agreement between the two agencies of financial control last week in Abu Dhabi.
An audit conducted in March 2012 found financial control at Pentyrch Primary to be "unsound", with issues surrounding governance and procurement - including the management of contracts.
Shaikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, in his capacity as a Chairman of the Financial Control Department in Dubai, has accepted the resignation of Yasser Abdullah Amiri, Director-General of the Financial Control Department in Dubai.
TUNIS (TAP) - Prime Minister Hamadi Jebali examined, Wednesday morning, with Chairman of the High Administrative and Financial Control Committee (HCCAF) Ghazi Jeribi, the reform process of the administrative and financial control system and means to improve its performances.
The Ministry of Finance (MoF) established two Financial Control Units in Fujairah Education Zone (FEZ) and Ras Al Khaimah Educational Zone that are subsidiaries of Ministry of Education (MoE).
Chapters discuss financial control, debt management and manipulation, forecasting, setting up business entities and more as they survey the road to independence and financial wealth.
A corporation must create and document its internal financial control procedures and keep them freely available for employees and auditors.
But now a falling-out over financial control between the Federation of Gay Games and the committee hosting the 2006 games in Montreal resulted in the federation's pulling the event from Montreal only 2 1/2 years before it was set to begin.
The taxpayer had substantial financial control over TFS because he authorized all employee lease payments from Clearwater to TFS; he could sign Clearwater checks, but not TFS checks.

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