Want to say financial controls differently? Here are other words for financial controls and its similar synonyms and opposite words to say in unique way.
Meaning of financial controls
The primary meaning of "financial controls" refers to the processes and procedures put in place to manage and regulate an organization's financial activities.
Etymology of financial controls
The term "financial controls" originated from the combination of "financial" (relating to money or finance) and "controls" (measures or procedures to regulate or manage something).
The concept of financial controls has been in use since the early 20th century, with the term gaining prominence in the mid-20th century with the development of modern accounting and auditing practices.
Synonyms
fiscal management
budgeting
accounting
auditing
financial regulation
monetary policy
economic control
financial governance
risk management
internal control
financial oversight
fiscal oversight
financial supervision
budget control
cost control
expense management
financial planning
financial analysis
financial reporting
fiscal responsibility
financial accountability
financial transparency
financial scrutiny
financial examination
financial inspection
financial surveillance
fiscal surveillance
economic surveillance
financial monitoring
budget monitoring
financial tracking
fiscal tracking
Definitions
- The systems, processes, and procedures used to manage and regulate an organization's financial activities, including budgeting, accounting, and auditing.
- * The measures taken to prevent fraud, error, or mismanagement in an organization's financial dealings.
Usage Examples
- The company implemented new financial controls to prevent embezzlement and ensure transparency in their financial dealings.
- * The auditor reviewed the organization's financial controls to identify areas for improvement and ensure compliance with regulatory requirements.
Antonyms
financial chaos
lack of oversight
unregulated markets
fiscal irresponsibility
uncontrolled spending
unchecked expenses
financial mismanagement
poor accounting
inadequate auditing
weak internal controls
ineffective financial governance
unmonitored finances
unaudited accounts
unregulated financial activities
financial neglect
fiscal negligence