Ekonomski pregled, Vol. 60 No. 1-2, 2009.
Pregledni rad
THE INTERDEPENDENCE OF THE PLANNING AND CONTROLLING FUNCTIONS AND THEIR APPLICATION IN THE CROATIAN NATIONAL BANK
Diana Jakelić
Sažetak
An effective decision making in business and a business decision made timely, result in a successful business of every business subject. How to establish the base for good decision making in business, how to prevent omissions and how to minimize the possibility of taking wrong decisions in business are questions that each manager asks himself. Today, in the modern society, particular attention is given to the process called controlling. There is almost
no business subject active without having in its organizational structure a group of functions that is organized as its management’s “right hand”. If this group of functions is allocated at
the top of the organizational pyramid respectively just beside the top management or if it is organized within the finance and accounting department, its task is the timely provision of information to the management so that it can take effective business decisions.
This paper treats the model of the planning process that is applied in the Croatian National Bank in order to produce the annual business and reporting plan, which can also serve as the basis for establishing the complete controlling function and influence the behavior of all participants in the business process, with the goal of successfully running the business. The presented model can be the point of departure for the establishment of planning and reporting processes in almost all business subjects, if necessary modifications are made
that depend on the nature of the respective business, the organizational structure, the basic tasks and the objectives of the business subject as well as the needs of its management. In addition to the described planning model some templates are also defined that can be used in the planning process in order to facilitate the forecasting of the activities in the next year to be planned. The importance of cost accounting and cost control in its function to keep cost at an optimal level respectively the importance of cost management is emphasized. The planning and controlling processes are interdependent and a constituent part of the management,
since they are the support of management with respect to information needed for decision making and coordination; thus it is most efficient to organize them as a separate organizational unit besides the top of the managerial pyramid. In today’s competitive environment each business subject has to dedicate itself to the
planning and controlling process. Therefore, there is a need for a corresponding planning and controlling system that is adequate for the monitoring of the success of the business, a high-quality information system, the production of high-quality solutions as well as of good business decisions and an effective management.
Ključne riječi
planning; controlling; reporting; budgeting; cost accounting; cost management; cost center; effective business decision; efficient management
Hrčak ID:
32924
URI
Datum izdavanja:
15.2.2009.
Posjeta: 6.677 *