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Controlling as a useful management instrument in crisis times

2012; Academic Journals; Volume: 6; Issue: 6 Linguagem: Inglês

10.5897/ajbm10.1557

1993-8233

Veselin Perović,

Corporate Governance and Management

Controlling knowledge is in great demand in this crisis times. More and more people are willing to learn about controlling as well. It can be said that it is a connection between the global financial crisis and the growing demands on the controller’s services in a global market. The controller's duty is to serve the management as an economic navigator and to ensure that the company's ship reaches its profit targets. To reach the mentioned duty, the controller has to be sure that he or she has an organizational support from the top management. Controlling outlines business policy of an enterprise, the term derives from an English word -to control- control, managing, setting rules and directing. It includes the tasks of management planning and business processes supervision. Controlling as a term dates from the Middle Age, but not until 18 th