Key performance indicators in internal control

Autor: Strelnik E., Usanova D., Khairullin I., Shafigullina G., Khairullina K.
Rok vydání: 2017
Předmět:
Zdroj: SCOPUS1816949X-2017-12-19-SID85030451353
Popis: © Medwell Journals, 2017. This study describes some of the approaches to the problem of establishing an effective system of internal financial control structures aimed at rational use of material, labor and financial resources in the conditions of crisis in the global economy. In the study in particular, we hypothesized about the need to use key performance indicators in the internal financial control system. The KPI system is integrated in the modern concept of corporate finance in particular VBM. In this regard in the study, we constructed an econometric model of the relationship between financial performance and economic value added for the purpose of identifying which particular KPI may serve as reference points for the internal financial control department.
Databáze: OpenAIRE