THE ROLE OF FINANCIAL CONTROL IN INCREASING RESPONSIBILITY IN THE ORGANIZATION

Abstract

This article explores the importance of a financial control system in ensuring transparency, efficiency and accountability in the management of an organization's financial resources. The author emphasizes that financial control is a key tool for preventing fraud, complying with legal requirements and optimizing financial processes. The article also discusses how systematic monitoring and analysis of financial performance contributes to risk management and also provides the necessary information to make informed management decisions. Coverage of these aspects highlights the importance of financial controls in the context of increasing overall responsibility in the organization.