scholarly journals FUNCTIONAL APPLICATION OF THE INTERNAL CONTROL SYSTEM IN AUTONOMOUS INSTITUTIONS

2020 ◽  
Vol 1 (383) ◽  
pp. 163-171
Author(s):  
L. A. Сhaykovskaya ◽  
T. B. Turishcheva ◽  
R. G. Akhmadeev
Keyword(s):  
Control System ◽  
Internal Control ◽  
Business Processes ◽  
External Environment ◽  
Internal Environment ◽  
Financial Responsibility ◽  
Economic Entity ◽  
Internal Control System ◽  
Business Conditions ◽  
Autonomous Institution

Modern business conditions are based on the laws and characteristics of the development of market relations. Successful and stable activity of any business entity today directly depends on the effectiveness of the management system, the most important element of which is properly organized control. In the activities of any business entity, the place, role and importance of control are as important as accounting, management and analysis. The domestic science of control has rather deep roots, and the multifaceted nature and depth of the concept of “control” are closely related to the concepts of “management” and “management accounting”. In conditions of increasing competition, when the problems of increasing the effectiveness of control are significantly updated, the issues of organizing internal control, its development and integration are becoming more relevant. The study of the category of "internal control", its subjects and objects, the place in the management process allows us to identify in its structure individual species characterized by a targeted orientation and methodological features. The practical implementation of the internal control system should be carried out in accordance with the basic principles of its effective organization, which are closely interconnected, and the procedure for combining them to a greater extent depends on the prevailing specific business conditions and circumstances. Integration of the internal control system into the general management system will ensure the reliability of information at various levels, as well as significantly reduce the potential for making erroneous management decisions. The principles of making a choice when implementing a rational and economically reasonable accounting policy of an autonomous institution depend directly on the valid regulations of the accounting standards of the public sector system of the economy. This aspect makes it possible to influence not only the effectiveness of the use of material, labor and financial resources, but also to ensure a proper level of capital units’ turnover, to obtain additional internal sources of capital investments financing and current assets, to attract external resources to expand the scope of an autonomous institution. The application of various models of internal control, including elements of a risk-oriented approach allows to carry out to the right degree conceptual process of organizing enterprise control. The model of the internal control system of an autonomous institution suggested by the authors takes into account a systematic approach, risk orientation considering factors of the internal and external environment, incorporating the model in business processes, with regard to the ultimate goal of implementation - increasing the efficiency of business processes while reducing expenses and increasing profit in the financial responsibility centers. Indicative management model is widely used as the foundation of management. As a rule, it is based on a spatial vision of internal control, and as an analysis, depending on the activity type of an economic entity, the business processing is allocated, taking into account the influence of various indicators that reflect the factors influence of the external and internal environment, in particular, in the context of parameters of competitive advantage. We consider the use of an effective model to be the most promising model of internal control. Based on the author's idea of an integrated model of internal control, its main components will be: a systematic approach, a focus on risks, taking into account factors of the internal and external environment, incorporating the model in business processes and financial responsibility centers. Furthermore the main object of the suggested model of internal control will be risks arising as a result of the influence of factors of the internal and external environment. The purpose of the suggested model is to increase the efficiency of business processes existing in the economic entity while simultaneously reducing expenses and increasing profits in financial responsibility centers. Considering that the element “control environment” of internal control within the framework of the current legislation has changed to the institutional internal environment, it is noteworthy that the introduction into application practice of institutional environment of an autonomous institution internal control consists of the following levels: external and internal. The external environment in the form of formal and informal institutes is prevailing, having an impact on the internal environment of an economic entity, represented by its own specific cultural and functional “micro institutes” (formal and informal).

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.

ORGANIZATION OF INTERNAL CONTROL IN A REMOTE WORK ENVIRONMENT

2020 ◽  
Vol 3 (8) ◽  
pp. 73-79
Author(s):  
NGUYEN THI HA MY ◽  
Keyword(s):  
Control System ◽  
Work Environment ◽  
Internal Control ◽  
Business Processes ◽  
Rapid Development ◽  
Remote Work ◽  
Use Of Technology ◽  
Internal Control System ◽  
The Russian Federation ◽  
Ministry Of Finance

With the rapid development and widespread use of technology, business processes are being transformed. One of the consequences of the implementation of technologies into the business is the partial transition to remote work, which made it necessary to reflect the corresponding changes in the internal control system (IC). The article is devoted to the analysis of the main shortcomings identified during the transition to the remote mode, in response to which measures are proposed to adapt the IC to the conditions of remote work. Identifies the following areas for improvement of the internal control system. In response to the identified areas successful practical examples are analyzed and potential measures are proposed in the context of the elements identified in the COSO conceptual framework and methodological documents of the Ministry of Finance of the Russian Federation.

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.

Role and Location of Internal Control in the Management System of Autonomous Institutions

Auditor ◽  
2018 ◽  
Vol 4 (2) ◽  
pp. 11-15 ◽  
Author(s):  
Татьяна Турищева ◽  
Tatyana Turishcheva
Keyword(s):  
Control System ◽  
Comparative Analysis ◽  
Internal Control ◽  
Management System ◽  
Logical Analysis ◽  
Joint Project ◽  
Management Level ◽  
Internal Control System ◽  
Autonomous Institution ◽  
Control Service

In this article, using the methods of system and comparative analysis, logical analysis, problems of the formation, role and place of the internal control system in autonomous institutions are analyzed. It was concluded that the formation of JMC in an autonomous institution should be carried out within the framework of a joint project to create both management accounting and, in fact, control, and the internal control service of an autonomous institution should be established at two levels of management, Level of the founder forming the task.

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.

FEATURES AND PROBLEMS OF BUILDING AN INTERNAL CONTROL SYSTEM IN E-COMMERCE ORGANIZATIONS

2021 ◽  
pp. 57-59
Author(s):  
М.Е. Косов
Keyword(s):  
Control System ◽  
Internal Control ◽  
Information Technologies ◽  
External Environment ◽  
Negative Consequences ◽  
New Information ◽  
Internal Control System ◽  
Risk Event

Внедрение новых информационных технологий оказало влияние на развитие новых сфер бизнеса, в частности электронной коммерции. В быстро меняющихся условиях внешней среды, оказывающих значительное влияние на деятельность компаний, сфера электронной коммерции подвергается большому количеству рисков, что предопределяет ее уязвимость. В данном случае система внутреннего контроля выступает одним из способов предотвращения негативных последствий при наступлении рискового события. The introduction of new information technologies has influenced the development of new areas of business, in particular e-commerce. In a rapidly changing external environment that has a significant impact on the activities of companies, the e-commerce industry is exposed to a large number of risks, which predetermines its vulnerability. In this case, the internal control system acts as one of the ways to prevent negative consequences in the event of a risk event.

Methodological aspects of the organization of internal control over the preparation of financial statements in economic entities

2020 ◽  
pp. 39-56
Author(s):  
Zhanna Arakelovna Kevorkova
Keyword(s):  
Control System ◽  
Financial Reporting ◽  
Internal Control ◽  
Business Processes ◽  
Financial Statements ◽  
Federal Law ◽  
Internal Control System ◽  
Definition Of ◽  
Methodological Aspects

The need to organize internal control, the mandatory nature of which is regulated by the Federal law “on accounting” FZ‑402, can be implemented in various forms. The results of the analysis of practices the largest economic entities in terms of internal control has identified some features of the methodological and organizational implementation of the system of internal control over financial reporting, which can be embedded in the activities of the internal control (audit) of various organizations. The author shows the sequence of organization of the internal control system for the preparation of financial statements, taking into account the definition of critical business processes of economic entities and related elements of financial reporting, which will be the focus of the internal control system.

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.

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.

scholarly journals Pengaruh Efektivitas Pelaksanaan Pengendalian Internal, Asimetri Informasi dan Ketaatan Aturan Akuntansi Terhadap Akuntabilitas Organisasi dengan Kecenderungan Kecurangan Akuntansi Sebagai Variabel Intervening (Studi Empiris pada SKPD di Kabupaten Muara Jambi)

2019 ◽  
Vol 4 (1) ◽  
pp. 35
Author(s):  
Ahmad Soleh ◽  
Agus Maulana Hidayat ◽  
Asrini Asrini
Keyword(s):  
Control System ◽  
Information Asymmetry ◽  
Internal Control ◽  
Secondary Data ◽  
City Government ◽  
Financial Responsibility ◽  
Internal Control System ◽  
Accounting Rules ◽  
District Government ◽  
The Government

Based on the current conditions that the accountability of performance or financial responsibility for outcame on the use of budget in order to realize result oriented governance has not yet materialized, this shows the weakness of the Government's Internal Control System (SPIP) and Compliance with Accounting rules. The purpose of this study was to analyze the performance of the apparatus and public services in the Muaro Jambi district government so that the most appropriate strategies could be found in carrying out bureaucratic reforms in the government of Muaro Jambi Regency. This research was conducted in all SKPD in Muaro Jambi Regency. The data used in this study are secondary data collected from all agencies in the Jambi City Government, and the necessary literature and journal journals. The analytical model used is path analysis which consists of direct and indirect influences. The results showed that (1) The Effectiveness of Internal Control has a significant influence on Organizational Accountability, (2) Information Asymmetry has no significant effect on the Accountability of Regional Devices Organizations in Muaro Jambi Regency, (3) Compliance with Accounting Rules has no significant effect on the Accountability of District Regional Devices Muaro Jambi.

Sign in / Sign up

Export Citation Format

Share Document