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MODERN METHODS OF INTERNAL CONTROL IN THE COMPANY'S MANAGEMENT SYSTEM

Journal: Synergy of Science (Vol.9, No. 1)

Publication Date:

Authors : ;

Page : 0-0

Keywords : internal control; internal audit; controlling; management accounting.;

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Abstract

The development of market relations led to instability in the external environment and a high level of competition. Due to these factors, the business owners realized the necessity of development an effective management systems and internal controls in the company. However, among the many methods of management and control, there are consonant with the concept of similar functions that seem identical, such as ?internal control?, ?controlling?, ?internal audit?. Thus, the problem becomes extremely relevant disclosure of each of these terms and their understanding of the functional differences and similarities today.

Last modified: 2017-03-03 23:34:44