IMPROVING THE EFFICIENCY OF INTERNAL CONTROL AND INTERNAL AUDIT OF BUSINESS ENTITIES IN UZBEKISTAN
Keywords:
entrepreneurial entities, internal audit, internal control, methods, analysis, ensuring security, effectiveness evaluation.Abstract
This article reveals issues related to improving the effectiveness of internal control and internal audit in the management system of business entities. The main tasks of the internal audit and internal control system were studied. Internal control is considered as an integral part of the management system of economic entities and a way to achieve its goals.
The authors analyzed regulatory legal documents on the organization and conduct of internal audits, various points of view of foreign and domestic researchers. In addition, the role of the Internal audit Service in the management of economic entities is indicated. Emphasizes the need to assess the effectiveness of internal auditing in order to determine the level of economic security of business entities. Measures have been developed to reduce risk by self-assessment of internal audit procedures. The research carried out gave conclusions based on internal control of business entities and recommendations that increase the effectiveness of internal audit, as well as improving the internal control system increases the financial stability of business entities, which ensures the economic security of the entity and contributes to its development.
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