Internal control management in russian and foreign enterprises: paradigm and approach
Abstract
Purpose. The complication of the competitive situation in the context of import substitution forces modern companies to pay increased attention to the organization of management. One of the ways to increase the efficiency of management is the development and improvement of such an element of it as the internal control subsystem. The organization of internal control at domestic enterprises shows the need to develop measures to improve this procedure in order to increase the efficiency of internal control. For this, the authors of the article study the features of the internal control procedure in foreign countries, identify the distinctive features of each of the models used abroad, as well as the goals, conditions and results of their application. Along with that, the internal control procedures at industrial enterprises of Voronezh are subjected to a deep analysis, weak points in the process of organizing internal control are revealed. Combining the experience of foreign companies, the authors conduct a study of the possibilities of using certain methods and procedures that have successfully proven themselves abroad, at Russian enterprises in the process of carrying out internal audit.
Objectives. In this article, the authors investigate approaches and models to the organization and conduct of internal control in various countries, consider control procedures, stages of control of business processes, as well as the organization of internal control at enterprises.
Methodology. In the process of achieving the set goals, the methods of scientific knowledge were used: dialectical; analysis and synthesis, comparison. The research is based on the study of relevant scientific and periodical economic literature.
Results. Тhe Authors proposed the stages of control of business procedures and the procedural model of internal control of the economic part of the final Assembly shop at the JSC «VASO», which is able to increase the efficiency of the internal control system, which can be a business tool for executives and Board of Directors, and also eliminate all kinds of risks.
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References
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