RISK ASSESSMENT IN THE ACCOUNTING SYSTEM
The paper analyses the risk assessment in the accounting system of economic entities operating under conditions of uncertainty. In the framework of the accounting internal control is divided into several elements, among which a special place is taken by risk assessment and internal control procedures. The article sequentially reveals the stages in risk assessment in the accounting system. Special attention is paid to the methods of risk management: internal control procedures, risk insurance, valuation allowances, recognition of estimated liabilities, avoiding risks.
Keywords: internal control, internal control system, accounting system, risk, risk assessment, risk
management techniques, accounting estimates, estimated liabilities, internal control procedures,
risk insurance.
Elena S. Morozova, Candidate of Economics, Associate Professor, Samara State University of Economics.