Abstract EN:

This research deals with budgetary control systems as a management tool. In this system, actual performance is reported against budgets and information is provided on what had al ready happened but the system did not seem to provide assistance in the attainement of objectives. The introduction of the concept of dynamic mechanistic foncast of year end results seams to be the required management tool in periods of crisis. This involves an analysis of current performance levels, an evaluation of the current organisational environment and how this is likely to influence organisational performance and the development of revised courses of action to improve profitability. In this system, the measure of managerial performance is no longer the extent to which budgets are achieved, but the extent to which managers are able continuonsly togenerate and implement profit improvement plans. The introduction of this concept within "etnor" has allowded it to manage efficiently the most important control variables.