Financial controlling is the tide of funds in a firm and it deals with the financial decision making

of the firm. It incorporates of the procurement of funds in the most economic and prudent

manner and employment of these funds in the most optimum way to maximize owners return.

The study assessed the relevant of financial controlling on institutional performance: Okomfo

Anokye Teaching Hospital. The objectives were to identify the relevant of financial control on

institutional performance, evaluate the factors that affect financial control on institutional

performance and to assess the effect of financial control on institutional performance.

Data was collected from 55 staff of Okomfo Anokye Teaching Hospital comprising of

management, administrators, accountants, accounts clerks, procurement officers, cashiers as well

as other workers within the administration department whiles using convenient sampling. The

data collection tool employed was interview guide. The data was analysed using (SPSS version

20). The findings from the analysis showed that financial controlling have an impact on

institutions performance. Base on the relevant of financial control on institutional performance

the analysis, concluded that financial controlling aid institutions via financial planning,

acquisition of funds, financial decision, improve profitability, increase the value of the firm,

promoting of savings and Proper use of funds

Again, on that of factors that affect financial control on institutional performance it was realised

that, financial controlling in an institution is being challenged by several factors. From the

analysis, among the factors are financial regulations, corporate solvency, securities markets,

business lending, adequate capital, policy inconsistency and multiple taxation.

Likewise, on the effect of financial control on institutional performance, the investigation

clinched that, financial control influence institutions performance by means of Increasing

operational efficiency, offering potential for numerous growth opportunity, profit maximization,
wealth maximization, management and control of available resources, cash flow and use of funds

as well as evaluation of the capital market.

The study recommended that, management in institutions employ professional finance people or

seeks the knowledge of consultants to develop financial policy for them to practice.

Organizations should identify the factors that will hinder them in managing their finances for

effective financial management.

Board of organizations should also plan well to identify the factors that will influence their

financial administration activities in their operations.

Organizations should set up internal audit units or hire audit consultant to enhance in proper

performed role significantly to their business growth. The internal audit units shall always be

available for internal audit purposes to ensure compliance to the internal controls that exist in

their organization.