CONCEPT OF FINANCIAL CONTROLLING IN A BANK

Background. The proposed research article focuses on unexplored and actual problem of defining conceptual framework of financial controlling in the bank, disclosing its theoretical and methodological foundations and analytical tools in decision-making. Analysis of recent research and publications have given reason to affirm that the problem of financial controlling is illustrated mainly from the perspective of the manufacturing enterprises. However, the theoretical and great practical value of the financial controlling implementation in domestic banks led to the need for further research, defined its goals and objectives. Results. In this article a critical analysis of the views of different scientific schools on the essence of financial controlling is carried out; bank features that affect on specific of financial controlling are detected; the purpose and scope of financial controlling in the bank are defined; principles and functions of financial controlling in the bank are studied. Author presented financial controlling in the functional, formal and substantive angels. Financial controlling is presented, on the one hand, as a financial management subsystem, and on the other, as a variety of controlling, which is a display of its dual essence (formal angel). Dualism of financial controlling is also presented in the fact that it is both philosophy of management and management tool (functional angel). In respect to the substantive angel financial controlling covers processes of return and risk management. Conclusions. Therefore, financial controlling of the bank is a kind of controlling which provides service support of the financial management of the bank in making decisions using specific methods efficiency assessment of the bank activity and its calculation units in a coordinate system "return-risk." Dualistic approach to representation of financial controlling proposed by author allows to investigate its essence more deeply and also to identify the place of financial controlling in financial management and is the basis for further research.