The Role of Financial Accountability in a Public Limited Company

THE ROLE OF FINANCIAL ACCOUNTABILITY IN A PUBLIC LIMITED COMPANY

The website 3rd international dictionary defines financial as relating to finance and financers or in good standing as to payment of dues. This same dictionary defines accountability as the quality or state of being accountable, liable or responsible, when these two words are put together as financial accountability, its meaning can therefore easily discerned to, according to Rosenberg, (1988) as the process of making top corporate leaders responsible for their actions, goals and so on, utilizing available objective measures. [Read more…]

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