Accountancy planning and control-a necessity of management process

Taking into account the extremely dynamic changes in the capital market, capital owners and investors need reliable and independent assessment of the financial statements of enterprises that are subject to their interests. Thus, the need for organization and management of internal controls on financial operations of most enterprises imposed by unstable operating environment, everyday challenges and unforeseen changes in growth and development of enterprises, and the risks to which expose them further emphasizes its importance to the effective planning and accounting control. Due to the importance of a given topic, below the implemented work will direct the basic object of research toward realization of empirical goals focused on displaying, explaining and analyzing the structure and implementation of accounting planning and control as a necessary part of the management processes in the operation of a modern company