Different Controlling

Methods and Techniques

By: Divina Grace R. Librea
Objectives
After going through this lesson, you are expected to:
1. Define controlling;
2. Discuss the control process;
3. Distinguish control methods and technique;
4. Apply different control methods and techniques in
accounting and marketing.
Controlling
- is a management function involves
ensuring the work performance of
the organization's members are
aligned with the organizations
values and standards through
monitoring, comparing, and
correcting their actions.
Steps in the Control Process
Relationship between
Planning and Controlling

1. Planning identifies actions and controlling ensures

that actions are carried out.
2. Poor control system is followed by failure of plans
and effective control system reinforces the plans.
3. Controlling helps in revising or reframing the plans.
 Types of Control

1. Feedforward control – before actual

occurrence of problems
2. Concurrent control – while monitored activity
is in progress
3. Feedback control – after an activity is done
Financial Control

Budgetary
Control Ratio Analysis
a technique of analysis of financial
managerial control in statements through
which all operations computation of ratios.
are planned in advance
Financial Statements
- represent a formal record of the
financial activities of an entity. These
are written reports that quantify the
financial strength, performance and
liquidity of a company.
Two statements for
Ratio Analysis
Statement of
Income
Financial
Statement
Position
Also known
Also known as Profit and Loss
Balance Sheet Statements
Financial
Ratios
Benchmarking
- An approach of measuring a company’s
own services and practices against those
of recognized leaders in the industry in
order to identify areas of improvements.