Financial controlling and cost planning in modern companies

Abstract

This thesis is orientated to the study of the financial controlling role within a company, it evaluates its incorporation into a hierarchy organizational structure within the business cycle, the different set of tasks that controllers must perform in order to operate, supervise and orientate their decision making, the standards of the reporting methods, and the measurement of performance, as well as understanding the steps of the budgetting process and evaluation by using several activity-based cost systems.