Control as part of the management system of internal processes

Authors

DOI:

https://doi.org/10.32347/2707-501x.2020.46.155-162

Keywords:

internal processes, мanagerial аccounting, control system at the enterprise

Abstract

Enterprise management – is the process of planning, organization, motivation, control and regulation of personnel actions, setting strategic goals and tactical objectives of the enterprise, making management decisions and ensuring their implementation.

Control, in the process of managing the activities of the enterprise, is an extremely important element in the system of mechanisms that provide the efficiency of the enterprise. Control is a process that helps an organization achieve its goals. Control continues the planning process and monitors the implementation of plans. One of the essential functions of control is to determine the reserves for new management decisions.

The authors in the article define the organizational and legal forms of ensuring the implementation of internal control procedures. The authors present one of the elements of the management system of the relevant processes (control) and describe its factors that affect them.

The authors give a clear definition of the concept of control system at the enterprise (internal control) as part of the management system of internal processes and characterize the components of the internal control structure, methods of their analysis and analyze its quality and feasibility in the current realities of enterprises.

Enterprise financial management includes the organization and control of cash inflows from sales of products or collection of amounts under previous agreements for services rendered, as well as cash inflows from securities, and etc. The most important tasks of financial management are also the payment of supplies of raw materials and materials intended for production; payments on invoices payable for previously purchased goods; payments for operating costs (advertising, insurance, etc.); payment of wages to employees of the enterprise; payment of taxes and other payments to the budget and extrabudgetary funds.

The article determines that the effectiveness of control of such an organizational system as the enterprise management system should be characterized by special indicators. These indicators are influenced by a large number of external and internal factors, and it is desirable to assess them with a limited number of criteria.

References

Економічний аналіз: Навчальний посібник/ За ред. д.е.н., проф. Ф.Ф.Бутинця.- Житомир: ПП "Рута", 2003, с. 680

Сопко В.В., Шило В.П., "Організація і методика проведення контролю", Київ.- 2006, 575 с.

Кузьмін О.Є. Керівництво організацією : навч. посіб. / О.Є. Кузьмін, Н.Т. Мала, О.Г. Мельник, І.С. Проник. - Л. : Вид-во нац. ун-ту «Львів, політехніка», 2008

The International Standards of Supreme Audit Institutions, ISSAI, are issued by the International Organization of Supreme Audit Institutions, INTOSAI [Електронний ресурс] – Режим доступу: http://www.issai.org/.

Internal Control – Integrated Framework. Executive Summary: The Committee of Sponsoring Organizations of the Treadway Commission (COSO), May 2013. [Електронний ресурс]. – Режим доступу: http://www.coso.org/documents/990025P_Executive_Summary_final_may20_e.pdf.

Trujillo, M. A. Effective Internal Control for Timely Prevention and Identification of Corruption // ICGFM 29th Annual International Training Conference, Miami, May 31-June 5, 2015 [Електронний ресурс]. – Режим доступу: http://www.icgfm.org/conferenceDocs/2015/June/Day5-SP1_MAndradePRESENTACIONICGFMFINAL_EN.pdf.

Pickett K. H. S. The internal auditing handbook / Spencer K. H. Pickett. – 2nd ed. (Chichester, UK: John Wiley, 1997) [Електронний ресурс]. – Режим доступу: http://samples.sainsburysebooks.co.uk/9780470666340_sample_409068.pdf.

Guidance on Control / Canadian Institute of Chartered Accountants. – Toronto, Ontario, Canada. – 1995. – P. 60.

Розвиток внутрішнього аудиту і внутрішнього контролю у Міністерстві фінансів України Том 2 (проміжн.): Тема етапу 2 «Удосконалення методологічного забезпечення організації внутрішнього контролю на підприємствах, в установах та організаціях, що належать до сфери управління Міністерства фінансів України» / ДННУ «Академія фінансового управління» Науково-дослідний фінансовий інститут; кер. І. Ю. Чумакова; вик.: М. В. Бариніна та ін. – К., 2016. – 249 с. − № ДР 0115U000944.

Горлачук В. В. Економіка підприємства : [навчальний посібник] / В. В. Горлачук, І. Г. Яненкова. – Миколаїв : Вид-во ЧДУ ім. Петра Могили, 2010. – 344 с.

Published

2020-10-16

How to Cite

Popko, O., & Golovash, B. . (2020). Control as part of the management system of internal processes. Ways to Improve Construction Efficiency, (46), 155–162. https://doi.org/10.32347/2707-501x.2020.46.155-162