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Formation of financial control system of sports organizations on the basis of control

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PDF: Author(s): Chuvalskaya A. I.,
Number of journal: 2(15) Date: May 2011
Annotation:

As a result the introduction of information technologies in sports organizations with regards to the formation of financial control system on the basis of control, the conversion of the vertical- hierarchical arrangement of financial control with the clear division into the departments in the processoriented organizational structure is forecasted, where control service is an independent in every respect structure and reports directly to the financial manager of the company. Such system of financial control provides the possibility to solve a number of the most important issues for the sports organizationfrom reduction of unproductive expenditures and more complete utilization of financial resources to control of entire activity on the basis of precise and timely information for making of management decisions.

Keywords:

sports organization, financial control, the group of economic entities, control of financial activity, financial system, organizational structures, finances, financial resources, commercial companies

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