FINANCIAL CONTROLLING IN NON-PROFIT ORGANIZATIONS. THE CASE OF SLOVAK REPUBLIC

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Gabriela Vaceková ORCID logo

https://doi.org/10.22495/rgcv3i2art4

Abstract

The aim of financial controlling is to secure liquidity and financial stability of an organization. It is very important especially for NPOs. They are not founded primarily for the purpose of making profit, so their financial policy gives priority to continuously provide liquidity. The paper presents partial
results of a pilot primary research of utilization of financial controlling tools in governmental and nongovernmental non-profit organizations in the conditions of Slovak Republic. Primary data were obtained by the sociological method of a structured questionnaire. The analysis was carried out by adequate mathematical and statistical methods for processing qualitative data and ordinal variables. The presented paper provides a new insight into the studied problem while generating a primary information basis for further scientific study and research work in this field.

Keywords: Financial Controlling, Non-profit Organizations, NPOs, Financial Stability, Primary Research

How to cite this paper: Vaceková, G. (2013). Financial controlling in non-profit organizations. The case of Slovak Republic. Risk Governance and Control: Financial Markets & Institutions, 3(2), 49-57. https://doi.org/10.22495/rgcv3i2art4