Internal and External Economic Control of Operations of the Agricultural Serving Cooperatives

Control is an integral part in the management of any entity. The article is devoted to developing the institutional model of control of the agricultural serving cooperative system. Differences between the internal control and the internal audit were determined. In order to increase the efficiency and consistency of control of agricultural serving cooperative, the institutional model of its establishment through a combination of external control institutions and internal audit services was proposed. It was determined that the best option to strengthen the external control for agricultural serving cooperatives in terms of inaccessibility of audit services due to lack of funds is the formation of control service for cooperative associations. At the level of individual cooperative, depending on the scale of activities, it is expedient to create the internal audit services or to establish the position of internal auditor. Organizational principles of control service for cooperative associations were disclosed. Variants of recruiting employees of the internal audit service were justified.