REGISTRATION CERTIFICATE

KV #19905-9705 PR dated 02.04.2013.

 FOUNDERS

RESEARCH CENTRE FOR INDUSTRIAL DEVELOPMENT PROBLEMS of NAS (KHARKIV, UKRAINE)

According to the decision No. 802 of the National Council of Television and Radio Broadcasting of Ukraine dated 14.03.2024, is registered as a subject in the field of print media.
ID R30-03156

 PUBLISHER

Liburkina L. M.

 SITE SECTIONS

Main page

Editorial staff

Editorial policy

Annotated catalogue (2011)

Annotated catalogue (2012)

Annotated catalogue (2013)

Annotated catalogue (2014)

Annotated catalogue (2015)

Annotated catalogue (2016)

Annotated catalogue (2017)

Annotated catalogue (2018)

Annotated catalogue (2019)

Annotated catalogue (2020)

Annotated catalogue (2021)

Annotated catalogue (2022)

Annotated catalogue (2023)

Annotated catalogue (2024)

Thematic sections of the journal

Proceedings of scientific conferences

The Theoretical Fundamentals of Internal Audit
Kopotiienko T. Y.

Kopotiienko, Tetiana Yu. (2021) “The Theoretical Fundamentals of Internal Audit.” Business Inform 10:284–290.
https://doi.org/10.32983/2222-4459-2021-10-284-290

Section: Accounting and Auditing

UDC 657.633

Abstract:
The relevance of the topic of the article is grounded upon that the introduction of internal audit into the practical activities of economic entities requires ensuring the proper theoretical basis of this process. According to the results of the research, it is proposed to define the essence of internal audit as a system created in the interests of the owner (co-owners) of a corporate formation, the meaning of which consists in the implementation of permanent, coherent activities by the authorized department as to valuation of the efficiency of administration of the economic activity of the enterprise by managers, provision of recommendations for its improvement, establishment of the reliability of accounting data and reporting indicators, assessment of the reliability of the applied systems of accountance, internal economic control of the enterprise, etc. by applying specially defined procedures. Such an approach specifies the initiator, the executor and the way of organizing internal audit. The purpose of internal audit is identified, which consists in information provision of the owner (co-owners) of the enterprise on the reliability of accounting and reporting of the enterprise, the level of efficiency of enterprise management by hired managers and the development of proposals for improving these processes. The formulated theoretical provisions of the internal audit in terms of identification of its essence, purpose, tasks, both initiator and executive entities will contribute to its division with other forms of control and will allow to form the basis for implementation in the practical activities of enterprises. The relationship between internal audit and internal control of an economic co-partnership is determined, according to which the latter represents a subject of internal audit. Prospects for further scientific research are the development of a methodology for internal audit of an economic entity on the basis of a risk-oriented approach.

Keywords: internal audit, internal economic control, corporate administration.

Fig.: 1. Bibl.: 19.

Kopotiienko Tetiana Yu. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of Financial Analysis and Audit, State University of Trade and Economics (19 Kіoto Str., Kyiv, 02156, Ukraine)
Email: [email protected]

List of references in article

“Mizhnarodni standarty profesiinoi praktyky vnutrishnyoho audytu. Redaktsiia 2017 roku“ [International Standards of Professional Practice of Internal Audit. 2017 Edition]. https://na.theiia.org/translations/PublicDocuments/IPPF-Standards-2017-Ukrainian.pdf
Filozop, O. V. “Rozvytok vnutrishnyoho audytu v Ukraini : orhanizatsiia i metodyka“ [Development of internal audit in Ukraine: Organization and Methodology]: avtoref. dys. … kand. ekon. nauk : 08.00.09, 2010.
Dorosh, N. I. Audyt: teoriia i praktyka [Audit: Theory and Practice]. Kyiv: Znannia, 2006.
Redko, O. Yu.Audyt v Ukraini. Morfolohiia [Audit in Ukraine. Morphology]. Kyiv: DP «Informatsiino-analitychne ahentstvo», 2008.
Petryk, O. A. “Stan ta perspektyvy rozvytku audytu v Ukraini: metodolohichni ta orhanizatsiini aspekty“ [Status and Prospects of Audit Development in Ukraine: Methodological and Organizational Aspects]: dys. ... d-ra ekon. nauk : 08.06.04, 2004.
Kamenska, T. O. “Vnutrishnii audyt : metodolohiia ta orhanizatsiia“ [Internal Audit: Methodology and Organization]: avtoref. dys. … d-ra ekon. nauk : 08.00.09, 2011.
Spitsyna, N. V., and Kravtsova, S. V. “Vnutrishnii audyt: pidkhody do vyznachennia, vidminnosti vid zovnishnyoho audytu“ [Internal Audit: Approaches to Definition, Differences from External Audit]. Biznes Inform, no. 5 (2020): 342-348. DOI: https://doi.org/10.32983/2222-4459-2020-5-342-348
Bardash, S. V. Ekonomichnyi kontrol v Ukraini: systemnyi pidkhid [Economic Control in Ukraine: A Systematic Approach]. Kyiv: KNTEU, 2010.
Shukhman, M. E. “Orhanizatsiia vnutrishnyoho audytu v korporatsiiakh“ [Organization of Internal Audit in Corporations]: dys. ... kand. ekon. nauk : 08.00.09, 2009.
Nemchenko, V. V., Redko, K. O., and Redko, A. Yu. Audit [Audit]. Kyiv: Tsentr uchebnoy literatury, 2012.
Nazarova, K. O. Audyt : evoliutsiia, potentsial, efektyvnist [Audit: Evolution, Potential, Efficiency]. Kyiv: KNTEU, 2015.
Nazarova, K. O., and Hnatchenko, D. D. “Vnutrishnii audyt u zapobihanni shakhraistva ta obmanu v operatsiinii diialnosti torhovelnykh merezh“ [Internal Audit in the Prevention of Fraud and Deception in the Operations of Trade Networks]. Biznes-navihator. 2018. http://business-navigator.ks.ua/journals/2018/46_2_2018/31.pdf
Davydov, H. M. Audyt [Audit]. Kyiv: Znannia, 2004.
Korkushko, O. N., and Kushnir, L. A. “Vnutrishnii audyt na pidpryiemstvi: sut ta osoblyvosti orhanizatsii“ [Internal Audit on Enterprises: The Essence and Features of the Organization]. Infrastruktura rynku, no. 42 (2020): 363-366. DOI: https://doi.org/10.32843/infrastruct42-61
“Mizhnarodni standarty kontroliu yakosti, audytu, ohliadu, inshoho nadannia vpevnenosti ta suputnikh posluh: vydannia 2016-2017 rr.“ [International Standards for Quality Control, Audit, Inspection, Other Assurance and Related Services: 2016-2017 Edition]. https://mof.gov.ua/uk/mizhnarodni-standarti-auditu
[Legal Act of Ukraine] (2014). https://zakon.rada.gov.ua/rada/show/vr955863-14#Text
[Legal Act of Ukraine] (2003). http://zakon5.rada.gov.ua/laws/show/436-15#Text
[Legal Act of Ukraine] (2016). https://zakon.rada.gov.ua/laws/show/v0311500-16#Text
Robertson, Dzh. Audit [Audit]. Moscow: Kontakt, 2004.

 FOR AUTHORS

License Contract

Conditions of Publication

Article Requirements

Regulations on Peer-Reviewing

Publication Contract

Current Issue

Frequently asked questions

 INFORMATION

The Plan of Scientific Conferences

 OUR PARTNERS

Journal «The Problems of Economy»