Transformation of financial controlling system in the context of digital environment development

Introduction. The turbulence of Russian economy in recent years creates preconditions for a change in the business development paradigm, in which financial controlling plays a key role as an effective tool for business in a dynamic environment. And in the era of the fourth industrial revolution, characterized by the digitalization of business processes, financial controlling is undergoing significant changes. Goal. Analysis of the problems that necessitate the introduction of financial controlling by all economic entities, as well as the formulation of requirements for financial controlling in modern conditions. Unresolved and debatable issues of the conceptual and applied aspects of the development and implementation of financial controlling necessitate clarification and development of new approaches. Materials and methods. The methodological basis of the study includes a set of general scientific and special methods due to the development of digital technologies. Results and discussion. The essence and features of financial controlling in the corporate governance system are analyzed. The conceptual apparatus is supplemented by the authors’ interpretation of "digital financial controlling"; the functionality of controlling is expanded. The necessity of applying a qualitatively new company management system – financial controlling – is substantiated due to a number of reasons, including the need to quickly respond to external and internal factors affecting the organization's activities; prevention of crisis situations caused by the instability of the economic situation, and others. The scientific novelty of the study lies in the increasing role of digital technologies for effective financial controlling. Particular attention is paid to the synergy of digital technologies and financial controlling, which gives a tangible economic effect. Conclusion. The results of the study made it possible to improve the financial controlling system in a digital business environment by presenting the sequence of stages of its implementation, to develop special tools that can simplify the work of financial managers and controllers.

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