Application and development of financial management and control exemplified by the Provincial Secretariat for Higher Education and Scientific Research

The system of financial management and control implies a set of controls, which do not only refer to the area of funding, but also to all operational and strategic units, aimed at achieving the defined goals of public sector entities. Successful implementation of the system of financial management a...

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Main Authors: Kabok Jožef, Radišić Slobodan, Lendák-Kabók Karolina
Format: Article
Language:English
Published: University Dzon Nezbit 2020-01-01
Series:Megatrend Revija
Subjects:
Online Access:https://scindeks-clanci.ceon.rs/data/pdf/1820-3159/2020/1820-31592002125K.pdf
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author Kabok Jožef
Radišić Slobodan
Lendák-Kabók Karolina
author_facet Kabok Jožef
Radišić Slobodan
Lendák-Kabók Karolina
author_sort Kabok Jožef
collection DOAJ
description The system of financial management and control implies a set of controls, which do not only refer to the area of funding, but also to all operational and strategic units, aimed at achieving the defined goals of public sector entities. Successful implementation of the system of financial management and control will enable the compliance of operations of the public funds beneficiaries with positive legal regulations. For the purpose of effective and efficient achievement of objectives of work and activities, the paper analyses the application and development of the system of financial management and control in the Provincial Secretariat for Higher Education and Scientific Research. The purpose of this study is to consider the efficiency and effectiveness of the established system of financial management and control, indicating the possibility for improvement of the said system. The study results show that efficient and relevant application of financial management and control is needed in this Provincial administration authority, for the purpose of improving the achievement of objectives of its work and activities, as well as control of legal and specific purpose expenditure of public funds, intended for higher education and scientific research in AP Vojvodina.
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spelling doaj.art-c015d5cc61b945d6bcdd9b9b373868902022-12-21T23:23:56ZengUniversity Dzon NezbitMegatrend Revija1820-31592560-33292020-01-011721251421820-31592002125KApplication and development of financial management and control exemplified by the Provincial Secretariat for Higher Education and Scientific ResearchKabok Jožef0Radišić Slobodan1Lendák-Kabók Karolina2Pokrajinski sekretarijat za visoko obrazovanje i naučnoistraživačku delatnost, Novi Sad, SerbiaJP Transnafta, Pančevo, SerbiaUniverzitet u Novom Sadu, Filozofski fakultet, Novi Sad, SerbiaThe system of financial management and control implies a set of controls, which do not only refer to the area of funding, but also to all operational and strategic units, aimed at achieving the defined goals of public sector entities. Successful implementation of the system of financial management and control will enable the compliance of operations of the public funds beneficiaries with positive legal regulations. For the purpose of effective and efficient achievement of objectives of work and activities, the paper analyses the application and development of the system of financial management and control in the Provincial Secretariat for Higher Education and Scientific Research. The purpose of this study is to consider the efficiency and effectiveness of the established system of financial management and control, indicating the possibility for improvement of the said system. The study results show that efficient and relevant application of financial management and control is needed in this Provincial administration authority, for the purpose of improving the achievement of objectives of its work and activities, as well as control of legal and specific purpose expenditure of public funds, intended for higher education and scientific research in AP Vojvodina.https://scindeks-clanci.ceon.rs/data/pdf/1820-3159/2020/1820-31592002125K.pdffinancial management and controlprovincial secretariathigher educationscientific researchpublic sector
spellingShingle Kabok Jožef
Radišić Slobodan
Lendák-Kabók Karolina
Application and development of financial management and control exemplified by the Provincial Secretariat for Higher Education and Scientific Research
Megatrend Revija
financial management and control
provincial secretariat
higher education
scientific research
public sector
title Application and development of financial management and control exemplified by the Provincial Secretariat for Higher Education and Scientific Research
title_full Application and development of financial management and control exemplified by the Provincial Secretariat for Higher Education and Scientific Research
title_fullStr Application and development of financial management and control exemplified by the Provincial Secretariat for Higher Education and Scientific Research
title_full_unstemmed Application and development of financial management and control exemplified by the Provincial Secretariat for Higher Education and Scientific Research
title_short Application and development of financial management and control exemplified by the Provincial Secretariat for Higher Education and Scientific Research
title_sort application and development of financial management and control exemplified by the provincial secretariat for higher education and scientific research
topic financial management and control
provincial secretariat
higher education
scientific research
public sector
url https://scindeks-clanci.ceon.rs/data/pdf/1820-3159/2020/1820-31592002125K.pdf
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AT radisicslobodan applicationanddevelopmentoffinancialmanagementandcontrolexemplifiedbytheprovincialsecretariatforhighereducationandscientificresearch
AT lendakkabokkarolina applicationanddevelopmentoffinancialmanagementandcontrolexemplifiedbytheprovincialsecretariatforhighereducationandscientificresearch