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Celebrating The Past: Financial Management In The Third Sectore, Anne Abraham
Celebrating The Past: Financial Management In The Third Sectore, Anne Abraham
Faculty of Commerce - Papers (Archive)
The centrality of the mission, as opposed to the importance of fmancial outcomes, created many problems in the early financial management of third sector organisations. Thus, it is important to celebrate the contribution made by these early managers as they struggled to guide their organisation in a fiscally responsible manner. This paper has two parts. First, it considers the need for accountability from an internal organisational perspective and also as a response to the external demand for accountability. Secondly, it provides a case study of an eighty year old organisation whose early leaders were responsible for putting in place procedures …
Project Report On The Impact Of Planning And Control Sophistication On Financial Performance Of Small And Medium Manufacturing Enterprises In Australia, Hema Wijewardena, Anura De Zoysa
Project Report On The Impact Of Planning And Control Sophistication On Financial Performance Of Small And Medium Manufacturing Enterprises In Australia, Hema Wijewardena, Anura De Zoysa
Faculty of Commerce - Papers (Archive)
Although there has been a limited amount of prior research on the relationship between planning sophistication and small enterprise perfonnance, no attention has been given to the control aspect of planning and its possible impact on financial performance. This points to a major limitation of prior research on planning and perfonnance. It is common knowledge that effective control is often necessary for achieving the maximum results from a predetermined plan of action in any organisation. Even an excellent plan may not produce the results as expected due to numerous unforseen circumstances which are internal or external to the fInn. Therefore, …