The German art term financial controlling is understood to mean control measures for coordination within the financial sector , between the financial sector and the service sector , and between the financial sector and corporate management . The goals of financial controlling are to maintain the solvency of the company and to maximize the value of equity claims . In addition to securing liquidity , the coordination of investment and financing decisions is another central area of responsibility. The most important control measures include the conception and integration of various planning calculations and the design of incentive and control systems.
In a comprehensive view , financial controlling comprises the following task areas (or subtasks):
- Securing liquidity (conceptual design and coordination of financial planning and monitoring of the short, medium and long-term financial situation; ensuring the availability of reliable information as the basis for financial planning and control)
- Ensuring the rationality and coordination of investment and financing decisions (active financial planning, assessment and development of suitable evaluation procedures for investment decisions, coordination of (also decentralized) investment decisions with corporate financing; design of behavioral incentive and control systems)
- Support of external accounting ; Capital market communication and financial analysis; Consideration of capital market requirements in controlling at overall company and division level; Analysis and influencing of the financing costs.