Theoretical Aspects of Deepening of the Internal Audit Essence

The article is devoted to the analysis of scientific approaches to the understanding of internal audit and the deepening of the content of the concept “internal audit”. Analysis of scientific approaches of the domestic scientists to the interpretation of the internal audit nature was held. It was revealed that our scientists are paying great attention to the interpretation of the concept of internal audit, but not sufficiently highlight its role and functional tasks of enterprise management in their studies. Review and the distinction between internal control and internal audit were held. It was outlined the scope of the internal audit functioning in view of the provisions of the international regulations, that govern the professional activities of auditors. It was proved that the internal audit and internal control are related. The high level of control system minimizes errors and disadvantages of in the enterprise activity, that is positively affects the quality of indicators identified by the internal audit. The concept of internal audit was deepened by analyzing the provisions of the International Standards on Auditing and maximum consideration of its functions and objectives.