Development of the Bulgarian and European Economies – Challenges and Opportunities
“ST. CYRIL AND ST. METHODIUS” UNIVERSITY OF VELIKO TARNOVO - UNIVERSITY PRESS

Regarding the Relationship Preliminary Control and Risk as a Prerequisite for Effective Management of Public Sector Organizations


Authors:
Daniela Yordanova St. Cyril and St. Methodius University of Veliko Tarnovo

Pages: 231-235

Abstract:

Effective governance of public sector organizations promotes better decision-making and efficient use of resources and strengthens accountability for the management of these resources. In order to realize the importance of ex-ante control, the heads of organizations and employees must have a good understanding of the nature of internal control. This is important for the introduction of control activities and risk management. The purpose of the report is to justify the relationship between ex-ante control and risk as a prerequisite for effective management of the public sector. The focus is on a good understanding of the nature of ex-ante control and risk management in the public sector. This leads to the desire to build proper and adequate controls and identify risks.

Keywords:

ex ante control, relation, risk, effective management, public sector.

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