scholarly journals Neutralizing the Threats of the Organization Involvement in Corruption Offenses: Innovations and Technologies

2019 ◽  
Vol 8 (4) ◽  
pp. 8906-8911
Keyword(s):  
Control System ◽  
Internal Control ◽  
Business Environment ◽  
Corporate Sector ◽  
Expert Survey ◽  
Corporate Policies ◽  
Top Managers ◽  
Compliance Programs ◽  
Internal Control System ◽  
Commercial Organizations

The goal of the article is to study the initiatives existing in Russia and abroad for neutralizing the threats of the organization involvement in corruption offenses, which include business, among other things, to analyze anti-corruption practices of Russian companies, as well as to offer recommendations for the application of anti-corruption efforts in the Russian corporate sector. The relevance of anti-corruption corporate measures has been substantiated in the article, and the international practice of their application has been analyzed. The nature and main characteristics of the anti-corruption policy of commercial organizations have been determined based on an expert survey. At the end, the conclusions have been drawn about the need for systemic transformations at the level of the business environment: adoption of internal corporate policies and compliance programs at the company level, implementation of an internal control system, and formation of a culture of rejecting corruption within the company at the level of top managers and other employees.

scholarly journals BACIS THEORETICAL CHARACTERISTICS OF INTERNAL CONTROL

2019 ◽  
Vol 8 (4) ◽  
Author(s):  
Firdaus I. Kharisova ◽  
Alisa V. Samoilova
Keyword(s):  
Control System ◽  
Internal Control ◽  
Rapid Change ◽  
Complete Information ◽  
Governance System ◽  
Corporate Governance System ◽  
Internal Control System ◽  
Competitive Relations ◽  
High Level ◽  
Commercial Organizations

The question of the existence of an effective internal control system is now of particular relevance. The current stage of the economic entities operation in the Russian Federation is a stage of changing the external and internal environment of management, characterized by a high level of uncertainty and instability, which consists in toughening of competitive relations. Domestic organizations have to operate in the conditions of rapid change and development of technologies, a tough competitive environment, growing business diversification, and inconsistency of domestic legislation. One of the main factors for creating the competitiveness of organizations is effective management, based on quality, reliable and complete information about the managed facility. The paper reveals key questions about the internal control of commercial organizations in the non-financial sector. The main interpretations of the term "internal control" and components of the internal control system are considered, the stages of internal control formation are outlined, the place of internal control in a corporate governance system is substantiated, and official powers in the internal control system are identified. Also, the authors present the main documents which should be noted when studying the issue of internal control. The main methods used in this work are the information systematization, processing and generalization.

Problems of Internal Control Organization at Enterprises of the Republic of Kazakhstan

2018 ◽  
Vol 8 (8) ◽  
pp. 2425
Author(s):  
Lena KHUANYSH
Keyword(s):  
Control System ◽  
Control Systems ◽  
Internal Control ◽  
Rapid Identification ◽  
International Standards ◽  
Internal Control System ◽  
The Republic ◽  
Tax Reporting ◽  
Commercial Organizations ◽  
Financial Transactions

The relevance of the problem is conditioned by the need for the organization of internal control in commercial organizations. Indeed, both the safety of their property and cash, achievement of financial goals and objectives by the company, and the avoidance of errors in accounting and tax accounting, which ultimately lead to a distortion of financial and tax reporting, depend on internal control. Errors and inaccuracies, deliberate violations can lead to sanctions from inspection bodies or are capable of misleading the shareholders (participants) and partners of the organization in the event of a distortion of the reporting. The purpose of the article is to develop recommendations for commercial organizations of the Republic of Kazakhstan on the improvement of internal control systems based on foreign practice. The leading methods of research of this problem are: questionnaire that allows you to obtain, based on a certain sample, actual results that allow you to evaluate the development of the internal control system of the enterprises under study; modeling that allows you to create an internal control model for large trading companies. This article presents the main approaches to the organization of internal control systems used in Kazakhstan companies operating in the sphere of industrial production enterprises. Features and problems of their application are also revealed, recommendations and optimal models for improving these systems are formulated, taking into account the modern needs of the developing business. The materials of the article are of practical value to trading companies, as the presented models and recommendations for improving the internal control system are aimed at improving financial control in the business of such entities, bringing these systems closer to international standards and increasing control effectiveness (more rapid identification of errors and violations, that happen in the accounting process and financial transactions).

scholarly journals ANALYSIS OF THE INTERNAL AUDIT SUBDIVISION ACTIVITY IN THE CORPORATE SECTOR OF THE REPUBLIC OF MOLDOVA

2020 ◽  
pp. 87-95
Keyword(s):  
Control System ◽  
Internal Control ◽  
Internal Audit ◽  
Structured Interview ◽  
Basic Element ◽  
Present Moment ◽  
Corporate Sector ◽  
Short Period ◽  
Internal Control System ◽  
The Republic

The actuality of the topic results from the importance of internal audit for owners, potential investors and creditors, as well as from the significance of internal audit as a basic element in corporate governance. At the present moment, there are no studies on the current situation and the role of internal audit in the country’s corporate sector. Therefore, the author intended to perform the analysis of the internal audit subdivisions activity in the nominated sector. For this, the relevant research directions have been established, the purpose of which is to study the qualitative characteristics of the internal audit subdivisions. The author has conducted a qualitative study, through a semi-structured interview, and the information analyzed represents the October-December 2019 period. The main results of the study show that the basic functional tasks of an internal audit are the classic tasks, such as safety assessment and the effectiveness of internal control; monitoring the process of liquidating the weaknesses of the internal control system; developing recommendations for improving the internal control system. Failure to comply with the provisions of ISPPIA has been observed. The factors that most influence the activity of the internal audit subdivisions are their insufficient provision with employees and the duration of obtaining the necessary information. It was discovered that independent external evaluations are not performed and planned in the analyzed economic entities, which proves the non-compliance with ISPPIA, due to the lack of need for such an evaluation and the relatively short period of activity of internal audit subdivisions.

scholarly journals The expression of the elements of the internal control system graphical representation

2014 ◽  
pp. 62-72
Author(s):  
Lukas Giriūnas ◽  
Jonas Mackevičius
Keyword(s):  
Control System ◽  
Internal Control ◽  
Scientific Literature ◽  
Business Environment ◽  
The Other ◽  
Control Environment ◽  
System Models ◽  
Control Effectiveness ◽  
Internal Control System ◽  
Effectiveness Assessment

The results of the analysis of scientific literature showed that scientists disagree and do not share the same opinion on the expression of the elements of the internal control system. That is the situation that determines the transformation of internal control system models, its speed and variety. Thus, the analysis of the expression of graphical annotations of the internal control systems, provided in the scientific literature, allows to state that the internal control system can be depicted as a table with four legs, where each of them represents an element of the internal control system, whose existence is equivalent to the functioning of the internal control system. Another often found graphical annotation of the internal control system is the representation of its five elements in the form of an umbrella, which aims to demonstrate the precedence of the control environment over the other elements, i.e. the control environment encloses and protects the other four elements: risk assessment, control procedures, information and its transmission, and control monitoring. Meanwhile, the most common way to present the internal control system in the scientific literature is showing it in the form of a triangular pyramid, which clearly shows that the internal control system is based on the environment of the control. Therefore, to summarize all the internal control system models, provided in the scientific literature, it can be said that the company's system of internal control is designed to manage the risks, associated with the business environment; it is constantly changing and as a result must be continuously monitored and improved. It should be noted, that the analysis of the internal control models allow to state that the offered models are still not only very different from each other, but also do not specify any particular sequence of internal control effectiveness’ assessment; they only identify certain guidelines for the assessment, as a result, a new principal structurogram of the internal control effectiveness’ assessment model has been created. It should be stressed that the latter newly includes the coordination element, which was lacking in the identified models, presented in the scientific literature. It should be emphasized that the coordination of all the factors of employees is required in order to properly use the available resources and to save them, to guarantee high quality of products and services, to reduce all kinds of expenses, to obtain the best possible financial results.

scholarly journals MODERN ASPECT OF INTERNAL CONTROL AND AUDIT IN RUSSIAN FEDERATION

2021 ◽  
pp. 31-41
Author(s):  
Irina Semenovna Toropova
Keyword(s):  
Control System ◽  
Russian Federation ◽  
Internal Control ◽  
Banking Sector ◽  
Internal Audit ◽  
Legal Regulation ◽  
Economic Activities ◽  
Internal Control System ◽  
The Russian Federation ◽  
Commercial Organizations

The conduct of financial and economic activities of organizations, both budgetary and commercial, is associated with possible risks of non-compliance with the current legislation, making unreasonable management decisions by the top and middle management, which leads to reputational and financial losses. In order to forestall financial and reputational losses, organizations form an internal control system. In the Russian Federation, the formation of normative and legislative regulation of the organization and conduct of internal financial control and audit is taking place, both in relation to commercial organizations and organizations of the budgetary sphere. The article examines the order of organization, types, tasks of internal control and audit in various organizations. The organization of internal control and audit is considered in the article through the prism of legal regulation of this area in the Russian Federation and international regulations. The internal audit system, as an obligatory element of the management system, has been introduced in the banking sector and for public sector organizations. For commercial organizations, this issue is left to the management of the organization and the creation of an internal audit service is optional. The regulatory and legislative framework of the organization and methods of conducting internal control for organizations have been studied. The approaches to the organization and conduct of internal control have been investigated from the point of view of orientation towards possible risks. Based on the results of the study, the article concludes that the presence of an effectively functioning internal control system, which is based on an assessment of possible risks, contributes to an increase in the efficiency of the organization, the prevention of cases of fraud by the organization’s personnel, and an increase in the reliability of accounting, tax and other types of reporting

PERAN PENTING PENGENDALIAN INTERNAL DALAM SISTEM INFORMASI AKUNTANSI

2015 ◽  
Vol 13 (2) ◽  
pp. 27
Author(s):  
Khusnul Fu'ad
Keyword(s):  
Control System ◽  
Information Systems ◽  
Internal Control ◽  
Accounting Information ◽  
Business Environment ◽  
Financial Reports ◽  
Accounting Information Systems ◽  
Internal Control System ◽  
Computer Based

The current business environment changes rapidly. The company must have a reliable internal control system in order to survive and highly competitiveness. This paper discusses about the important role of internal control in Accounting Information Systems. The study of literature is used in this paper. The author presents five old papers as an object of  it.The author finds six important role of Internal Control System. The first is giving a great influenced on Accounting Information Systems which is computer-based, Internal Control Systems can prevent excessive resources within the company, Creating accountability of the financial reports, increasing the credibility and quality to the company, the management becomes easy to make the decision, and preventing the fraud. Accounting Information Systems which is computer based can’t do well without controlling from the management Keywords:Accounting Information System, Internal Control, The Important Role

Pengaruh Kualitas Sumber Daya Manusia, Pemanfaatan Teknologi Informasi, Dan Sistem Pengendalian Intern Terhadap Ketepatwaktuan Pelaporan Keuangan Pemerintah Desa

2018 ◽  
Vol 26 (2) ◽  
pp. 131-143
Author(s):  
Marlinawati Marlinawati ◽  
Dewi Kusuma Wardani
Keyword(s):  
Information Technology ◽  
Control System ◽  
Human Resources ◽  
Financial Reporting ◽  
Internal Control ◽  
Positive Influence ◽  
Internal Control System ◽  
Speed Up ◽  
Village Government

The purpose of this research is to know the influence between the Quality of Human Resources, Utilization of Information Technology and Internal Control System Against Timeliness of Village Government Financial Reporting at Gunungkidul Regency. This research is causative research. The population is the village government in Gunungkidul Regency, especially in Gedangsari subdistrict. Criteria of respondents in the study were to village and village apparatus. We use questionnaire to collect data. We use multiple regression with SPSS program version 16.0 to analyze data. We find that quality of human resources and internal control system have a positive influence on the timeliness of village government financial reporting. On the other hand, utilization of information technology does not influence the timeliness of village government financial reporting. These imply that the quality of human resources and internal control system can speed up the preparation of village government financial reporting.

Pengaruh Sistem Pengendalian Internal Pemerintah dan Kompetensi Pegawai Terhadap Kinerja Instansi Pemerintah Kabupaten Karimun

2020 ◽  
Vol 5 (1) ◽  
pp. 101-106
Author(s):  
Doni Putra Utama
Keyword(s):  
Control System ◽  
Control Systems ◽  
Internal Control ◽  
Statistical Tests ◽  
Government Agencies ◽  
Government Performance ◽  
Significant Positive Effect ◽  
Internal Control System ◽  
Employee Competencies ◽  
Positive Effect

This research is a causality study with the title "Effect of Government Internal Control Systems and Employee Competence on the Performance of Government Agencies in Karimun Regency." The purpose of this study was to determine the effect of the implementation of the Government's Internal Control System on the performance of Karimun Regency government agencies and to determine the effect of employee competence on the performance of Karimun Regency government agencies. Data collection using a questionnaire where the questionnaire contained questions about the Government's Internal Control System, employee competencies and agency performance. Data were tested using multiple linear regression statistical tests. Based on the results of the study, it can be concluded that the governmental internal control system has a significant positive effect on Government Agency Performance with the results of statistical tests that show a sig value of 0.016 <0.05 (alpha 5%). Employee Competency has a significant positive effect on Government Performance with the results of statistical tests showing a sig value of 0,000.

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