Lars Östman towards a general theory of financial control


PRESENT FUNCTIONS AND TRANSFORMATION – VIEWS ON


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PRESENT FUNCTIONS AND TRANSFORMATION – VIEWS ON 

FINANCIAL CONTROL SYSTEMS 

 

Control systems that relate functions and visions to resources basically influence immediate 



activities and experiences. In addition, they affect transformation for the future: the ability to 

fulfil functions, deal with novelties, escape dysfunctions and adapt to disturbances. Control 

systems develop over time. Structure and control systems have always been changing, either 

through evolution or as a result of specific design decisions, and they are still changing. 

What is going on during the first decade of the 21

st

 century can be regarded as a further step 



in a long-term economic process of structure, control systems and specific activities. Below, 

I will discuss the state of financial control systems from this angle. 

 

 


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