Financial oversight refers to the processes and practices that ensure an organization’s financial activities are conducted properly and transparently. This includes monitoring budgets, expenditures, and financial reporting to prevent fraud and mismanagement. Effective financial oversight helps maintain accountability and supports informed decision-making within an organization. Key components of financial oversight include regular audits, compliance with regulations, and the establishment of internal controls. Organizations often rely on financial analysts and auditors to assess financial health and ensure adherence to financial policies. This oversight is crucial for building trust with stakeholders and ensuring long-term sustainability.