scholarly journals INTERNAL CONTROL AS A TOOL OF SUPPORT ECONOMIC SECURITY OF THE ORGANIZATION AT THE MICRO LEVEL

2021 ◽  
pp. 86-94
Author(s):  
O. A. Ageeva ◽  
Yu. D. Matytsyna
Keyword(s):  
Control System ◽  
Internal Control ◽  
Research Methodology ◽  
Economic Security ◽  
General Idea ◽  
Economic Entity ◽  
Internal Control System ◽  
The Subject ◽  
Micro Level

Internal control is an integral part of an organization’s economic security. The purpose of the study is to determine the internal control tools that allow you to ensure and maintain a sufficient level of economic security of the enterprise. The subject is the internal control system, which is used to identify external and internal threats to the economic security of an economic entity at the micro level. The research methodology is based on the collection and generalization of facts related to the subject under study, the formation of a hypothesis about the subject of research – the Internal Control System (ICS) – and the development of a general idea of ways to overcome existing threats. As a result, the authors made a conclusion about the effectiveness of the internal control system in the enterprise in order to ensure its economic security. 

scholarly journals Assessment of “maturity” of the taxpayer's internal control system for tax monitoring purposes

2021 ◽  
pp. 28-59
Author(s):  
Elena Vladimirovna Berezina ◽  
Anna Sergeevna Balandina ◽  
Ol'ga Svyatoslavovna Belomyttseva
Keyword(s):  
Control System ◽  
Internal Control ◽  
Control Procedure ◽  
Economic Entity ◽  
It Systems ◽  
Internal Control System ◽  
The Subject ◽  
The One ◽  
Definition Of

The internal control system is examined as a variety of internal control of an economic entity on the one hand, and as the foundation for transitioning towards tax monitoring on the other. Such approach allows assessing this structure from the perspective of taxpayers, as well as from the standpoint of implementation of public function of tax control. The object of this article is the process of improving internal control system of tax obligations by the taxpayer in the conditions of digitalization of tax administration. The subject of this article is the theoretical aspects of internal control as an administrative function, as well as comparative analysis of the Russian “internal control” system with the classical COSO model. The scientific novelty consists in comprehensive research of the internal control of tax obligations, determination of its essential characteristics,  and assessment of the consequences of formalization of requirements thereof, which led to the conclusion on transformation of the internal control of the taxpayer from the area of reputational merits of the economic entity and internal administration instruments to the subject of public control by tax authorities in tax monitoring processes. It remains to be seen whether state interference in such delicate sphere of activity of an economic entity as internal control is justified. The goal of this research consists in the analysis of the effective requirements of the Federal Tax Service of Russia from the perspective of possibility of their implementation by the particular taxpayers. The article provides the examples of assessment of certain components of the internal control system based on the criteria set by the Federal Tax Service of Russia. The author formulates the definition of control procedure, carries out classification of the aforementioned criteria; develops the examples of effective design of some controls; as well as presents the examples of assessment of IT systems from in the context of extended requirements of the Federal Tax Service of Russia.

scholarly journals INTERNAL CONTROL AND ECONOMIC SECURITY: FUNCTIONING AND INTERACTION

2020 ◽  
pp. 19-25
Author(s):  
S. A. Makarenko ◽  
Keyword(s):  
Control System ◽  
Internal Control ◽  
Negative Impact ◽  
Internal Audit ◽  
Economic Security ◽  
Audit Risk ◽  
Methodological Foundation ◽  
Economic Entity ◽  
Internal Control System ◽  
System Maturity

For the efficient implementation of functions in the sphere of internal control depending on the activity scale and nature, organizations create services of internal control, internal audit, risk management, and economic security; however, the functionality of these structures are not clearly defined. The main goal of this study is the allocation of responsibilities for making and implementing the decisions in the sphere of internal control, which ensures the concurrence and effectiveness of implemented measures at simultaneous nonduplication of functions. The paper deals with the study of the internal control system of an economic entity. The study determined the functional interrelation between the level of the internal control system maturity and the organizational structure of an economic entity. The author considered the structure of control authorities and their functionality based on the maturity level of the economic entity’s internal control system. The paper presents the diagrams of the feed-forward and feed-back mechanism peculiar to the full-functional internal control. Based on the generalization of theoretical provisions, the author determined the role of the internal control services as an instrument for ensuring the state of economic security of an organization. The proposed mechanism of functioning of structural divisions involved in the internal control system promotes the improvement of business management efficiency and reduces the negative impact of the external and internal factors. While developing an economic entity, the internal control system should be reconsidered, taking into account the formation of a single methodological foundation for all divisions. As a result of the study, the author recommends regularly examining (at least once a year) the divisions’ functions within the internal control system using the procedure described in the study.

INTERNAL CONTROL AT A MODERN ENTERPRISE

2020 ◽  
Author(s):  
Фатима Дикалитовна Дахаева
Keyword(s):  
Control System ◽  
Significant Role ◽  
Internal Control ◽  
Management System ◽  
Economic Entity ◽  
Modern Enterprise ◽  
Internal Control System

В статье рассматриваются сущность и особенности организации внутреннего контроля на современном предприятии, выделяются ключевые составляющие системы внутреннего контроля предприятия, подчеркивается его значительная роль в системе управления экономического субъекта. The article discusses the essence and peculiarities of the organization of internal control in a modern enterprise, highlights the key components of the company's internal control system, emphasizes its significant role in the management system of an economic entity.

scholarly journals PENGENDALIAN INTERN DAN PEMBERIAN KREDIT USAHA: ANALISIS PERANAN DAN EFEKTIFITAS SISTEM

2017 ◽  
Vol 4 (3) ◽  
Author(s):  
Ari Riswanto ◽  
Sri Rahayu Ningsih ◽  
Dewi Daryati
Keyword(s):  
Control System ◽  
Qualitative Analysis ◽  
Internal Control ◽  
Research Methodology ◽  
Secondary Data ◽  
Business Unit ◽  
Interview Techniques ◽  
Use Of Technology ◽  
Internal Control System ◽  
Globalized World

Business competition in a globalized world is getting tougher and Indonesia have entered into the Asean Economy Community (AEC) which requires companies that do not survive will definitely be eliminated. Necessary strategic efforts in maintaining the wheels of business that is being run, one business that can be done is to maximize the internal control of the company. Control can be done by this company depends on the type of company, whether for service, commercial or manufacturing. The purpose of this study was to determine the extent of control intenal role undertaken by the company in providing business loans to prospective clients effectively and in accordance with a predetermined system. The research methodology used is descriptive qualitative analysis that provides clear explanations in accordance with the empirical conditions that occur in the field. As for the location of the research in this study is one of the companies engaged in the provision of credit services, using interview techniques, observsi and processing of secondary data derived from the company. The conclusion of the research is that by using a good internal control system in each agency or fields at various levels of management will maximize the performance of the management, particularly in the areas of lending, loans provided are allowed to be provided effectively to customers who'm really needs. Recommendations from this study is specifically for the business unit where research was conducted in order to maximize the use of technology-based systems that have / computerization and provide training to the user / users of computerized systems so they can be used more leverage than it already obtained.

Applying the process approach in setting up the system of internal control in economic entities

2021 ◽  
Vol 20 (12) ◽  
pp. 2313-2323
Author(s):  
Zhanna A. KEVORKOVA ◽  
Natal'ya G. SAPOZHNIKOVA
Keyword(s):  
Control System ◽  
Internal Control ◽  
Business Processes ◽  
Risk Identification ◽  
Process Approach ◽  
Control Practice ◽  
Economic Entity ◽  
Internal Control System ◽  
Theoretical Generalization ◽  
And Control

Subject. The article addresses the organization and implementation of process approach when setting up a system of internal control of an economic entity, which ensures the management of effectiveness of divisions’ activities. Objectives. We aim at investigating the organization of the internal control system of an economic entity, based on its activities, accounting policies, classification of business processes, and risk identification. Methods. The study rests on methods of theoretical generalization, structural grouping, logical analysis, as well as the analysis of scientific and practical literature and accounting and control practice. Results. The analysis of practices revealed a number of problems in the implementation of the process approach in the accounting and control activities of economic entities, in particular, insufficient understanding and unpreparedness of management to implement the process approach, the lack of a system for regulating business processes, the lack of interconnection between the system of control indicators and the created business processes. It is advisable to divide the process of organizing the internal control system into a number of stages, i.e. the definition of activities, typology of business processes, risk identification, testing the internal control system’s quality. Conclusions. The introduction of the process approach in organizing an internal control system involves the systematization of information, depending on the nature of the business process, requiring permanent updating. The emergence of non-standard situations makes it necessary to adjust the boundaries of business processes. The resources of accounting business processes are personnel, software, equipment, and other infrastructure elements.

scholarly journals Book-keeping documentation and accounting compliance model of an economic entity

2021 ◽  
Vol 9 (3) ◽  
pp. 6-10
Author(s):  
Svetlana Pankova
Keyword(s):  
Control System ◽  
Internal Control ◽  
Semantic Analysis ◽  
Practical Importance ◽  
Main Element ◽  
Economic Entity ◽  
Internal Control System ◽  
Compliance Requirements ◽  
Compliance Model ◽  
Definition Of

The relevance of the research is due to the strengthening of the role in solving the tasks facing the internal control system of each economic entity, the adoption of the federal accounting standard, updating the requirements for accounting documents, and the development of compliance control systems. Documentation is the main element of the accounting method as a science that help to create an accounting model of an economic entity. Internal control is the method to ensure compliance with legal requirements in the process of enterprises’ operation. The meaning and requirements for accounting documentation remain insufficiently defined both for the object of internal control and for the means of its implementation. The purpose of the study is to determine the role of accounting documentation in the formation of the compliance model of an economic entity and to reveal its importance in the functioning of the internal control system’ elements. Research methods: monographic method, semantic analysis, method of philosophical logic, method of abstract thinking. Results and key conclusions: the author proposed the definition of the accounting compliance model, demonstrated the function of documentation in the formation of models of economic entities; identified and supplemented the areas of risks of failure to achieve the goals of organizations related to accounting documentation; disclosed the role and importance of accounting documents for the organization and functioning of elements of the internal control system. The object of the study is the theoretical provisions of the methodology of accounting and internal control, the subject is accounting documentation. The theoretical and methodological significance lies in the fact that the author introduced the concept of the compliance model of an economic entity for the first time; supplemented the requirements that are prerequisites for the preparation of accounting statements, the violation of which is an area of internal control risk. The results of the research are of practical importance for the creation and organization of the proper operation of the internal control system at enterprises and organizations aimed at compliance with compliance requirements.

DEVELOPMENT OF INTERNAL CONTROL SYSTEM OF STATE SUBSIDIES FOR AGRICULTURE ORGANIZATIONS

2015 ◽  
Vol 10 (3) ◽  
pp. 18-24 ◽  
Author(s):  
Нуриева ◽  
Regina Nurieva
Keyword(s):  
Control System ◽  
Internal Control ◽  
Internal Controls ◽  
Government Subsidies ◽  
Internal Control System ◽  
Control Procedures ◽  
The Subject ◽  
Agricultural Organizations ◽  
State Subsidies

The article discusses the technique of internal control of government subsidies and peculiarities of its organization in the agricultural organizations. The subject and directions of prior internal controls were determined and recommendations were given according to the list, content and sequence of control procedures in this area.

Features of the Regulation of Information Exchange Risks in the Internal Control System

Auditor ◽  
2020 ◽  
Vol 6 (10) ◽  
pp. 33-37
Author(s):  
V. Zemskov
Keyword(s):  
Risk Assessment ◽  
Control System ◽  
Internal Control ◽  
Information Exchange ◽  
Management Decisions ◽  
Economic Entity ◽  
Management Function ◽  
Internal Control System

The article deals with the problems of analysis and risk assessment of information exchange in the internal control system. It is concluded that further improvement of the internal control infrastructure contributes to the management function of an economic entity, provides timely collection, synthesis and analysis of primary and summary information for making timely management decisions.

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