A report on how to keep stock cost under the revenue budget in your Essay

A report on how to keep stock cost under the revenue budget in your guard as a manager - Essay ExampleThe financial learns systems include internal and external auditing as a major part of evaluating, admonishering and validating the financial statements of the governance. The financial control paces are knowing by those people in the organization who are charged with management and governance.A financial control environment mainly consists of auditing and method of accounting. The financial control within an organization is used to ensure that the risks levels within the organization are controllable. A financial control system involves the implementation of the different financial measures to evaluate and monitor the performance of an organization. The focus of the financial control system may be on a product, a department or the organization as a whole. The financial control system establishes a contradicting realize to that of a balanced scorecard as it establishes that t he financial results are major drivers of the organizational performance (Callaghan, dotty and Mintz, 2007, pp.9-12). It is important to develop suitable financial measures for evaluating the performance and the targets of an organization because the external stakeholders of the business will cuss on the financial statements and the financial reporting done by the organization. Therefore following suitable accounting and auditing systems within the financial control environment is captious for improving the performance and goodwill of the organization.The main documentary of the financial control environment is to increase the operational efficiency and performance of the organization while maintaining the activities in compliance with the standard policies and regulations. The financial control environment in the healthcare industry is a critical aspect of the financial management in the industry. The financial control measures are directed to monitor and measure the financial resources and financial activities within an organization (Sarens