MANAGEMENT CONTROL - INTERNAL CONTROL: FOR A PERFORMING ORGANIZATION

The control of an organization is defined as being a process which, before an activity to be performed, adjust and, after the activity is performed, assess the results obtained in order to find useful information" (Boisselier, 1999). The internal control focus on the whole system of financial and non-financial controls, the organizational structures, methodologies, procedures, including the internal audit, set by the management in accordance with its objectives, meant to help them in managing the audited entity in an economic, effective and efficient manner. The management control is defined as the process by which the managers ensure that the resources are obtained and effectively, efficiently and properly used in order to accomplish the organization objectives. The management control should stimulate the permanent development of the control instruments and to constantly contribute to the improvement of the organization performances, while other procedures and tools which are part of the control mechanisms occur during Chef financial year as one event only, or are of a periodical nature.