FINANCIAL CONTROL SYSTEM IN A CONSTRUCTION ORGANIZATION

In the current realities of economic development, there is no doubt that fi nancial control is a fundamental component of the management system of any construction organization, acting as a key factor that ensures its fi nancial stability and progressive development. Of course, this process not only contributes to maintaining the transparency of fi nancial operations, but also, importantly, contributes to cost optimization, improving the effi ciency of resource utilization, as well as, undoubtedly, the achievement of strategic objectives of the company. It should be noted that the article under consideration provides a comprehensive analysis of the role of fi nancial control in the functioning of construction organizations, with special attention paid to aspects of the organization of internal fi nancial control, including methodology and tools for its implementation. It is noteworthy that the authors emphasize the problem of calculating the cost of production, which is undoubtedly the cornerstone of cost management and the formation of pricing policy of the company. In the context of this study, the authors set themselves the ambitious task of identifying vulnerabilities in the existing fi nancial control systems and, what is especially valuable, offer innovative approaches to their optimization, aimed at improving the fi nancial effi ciency and competitiveness of construction organizations in the dynamically changing market conditions.