INTERNAL AUDIT AND INTERNAL CONTROL SYSTEM AS A CORPORATE GOVERNANCE TOOL

Abstract

In these realities, for the effective functioning of an economic entity, it is necessary to exercise control in the financial and economic activities of the company, in the aspects of the safety of assets and ensuring the safety and accuracy of accounting and drawing up accounting (financial) statements. These aspects allow you to control the internal audit and internal control systems. The relevance of the chosen research topic is due to the need to determine the place and current state of internal audit and internal control in the management structure of companies, the prospects for their development, to study the mechanisms of interaction of internal audit with internal control services, as well as to determine the prospects and main directions for improving the internal audit and internal control system for Russian companies with the possible involvement of the experience of building this system of international standard in the practice of domestic enterprises.