Management Controls Are Basic Good Management Practices Fraud, waste, and abuse. Newspapers love to write about it. Fraud, waste, and abuse not only represent missed opportunities for governments to use funds for desired purposes, they also undermine the citizens' trust in their government. Hence, public managers must be extra diligent in setting up and running public programs in a way that minimizes the occurrences of these misuses of public funds. The basic management tool in both the public and private sector to address fraud, waste and abuse is management controls.
Management controls span the whole gamut of management activities.
Management controls assist organizations in deciding what should be done or what should be emphasized. They help organizations to allocate funds, monitor activities, and conduct reviews. Management controls provide the information organizations need to make mid-course corrections and evaluate organizational and individual performance. As such, management controls include not only internal accounting controls but also controls which focus on results. Department Managers And Management Controls Establishing and maintaining an internal control structure is an important management responsibility.