THE ECONOMIC ESSENCE OF CONTROLLING IN THE MODERN CONCEPT OF ORGANIZATION MANAGEMENT

Abstract

In modern conditions of a dynamically changing market and increasing competition, effective management of an enterprise becomes the key to its sustainability and successful development. An important tool in this process is controlling, which is an inter-functional management tool that ensures coordination and control over financial and operational performance. The level
of development of the controlling system in an organization depends on its further functioning, development and expansion in the market, therefore, large corporations and companies have recently begun to more actively study the specifics of the controlling system and integrate the system into established structural divisions of companies. This article examines the approaches of various scientific schools to the formation of the concept of «controlling» and formulates the author's definition of this concept: it is determined that controlling in state-owned companies is a system of methodological and organizational impact on management decisions.