Financial Control & Profitability

This book presents financial control as a system enabling a company to ensure the reliability of its accounting information, so that it can be used to produce end-of-period financial reporting and the dashboards required for global management decision-making. It proposes three conditions to be met in order to transform the financial control system into a driving force for improving your company's profitability. These three conditions are§ Improving the administrative and financial management system§ Monitoring of financial closing and reporting processes§ Analysis and management of business activity and profitability.They are also a guarantee of overall performance, and encourage reflection on your company's periodic situation in order to guide strategy and action plans to achieve profitability targets.