TRANSFORMATION OF THE INTERNAL CONTROL SYSTEM IN THE CONTEXT OF BUSINESS DIGITALIZATION

Abstract

In the current conditions of the country's economic development, priority is given to the digitalization of business, which leads to the transformation of internal control in order to ensure more efficient and effective activities of organizations. In accordance with modern Russian legislation, all enterprises need to organize an internal control system to prevent problematic situations, regardless of the scale of their business, however, there are no direct methodological recommendations on this issue. The internal control system helps to identify deviations from the approved norms and standards, negative factors, reserves, and activates the high efficiency of financial and economic activities. However, not all enterprises form an internal control system. Large companies, such as agricultural holdings, mainly use internal control only as a verification function, which negatively affects the performance of their activities. Based on this, it is necessary to modernize the internal control system in agricultural holdings in the context of modern information technologies.