On the organization of internal control and internal audit in transport companies
Abstract. In the realities of the modern economy, ensuring the efficiency of business processes of the functioning of enterprises in the Russian Federation has a special character. The economic losses from a poor-quality approach to the health of business processes exceed the costs in comparison with abuses in commercial enterprises. It is important to understand that in order to ensure the adoption of timely management decisions, all information contained in the financial statements must be not only reliable, but also as up-to-date as possible. Based on these conditions, ensuring the interaction of managerial financial control and on-farm audit in the organizational structure of enterprises, their rational organization and functioning ensure the creation of a high-quality information environment in the accounting and analytical information system. The study used a set of general scientific and special-scientific methods to achieve the goal and objectives. The study compared the services of on-farm audit, financial control and control and audit service, their significance and specifics. The formation and development of the system of managerial financial control and on-farm audit is considered on the example of a large vertically integrated company of federal significance. A model of a three-level protection system at Russian Railways is presented, which makes it possible to implement control procedures at all levels of business processes and an algorithm for organizing and conducting an on-farm audit. The issue of outsourcing for accounting is considered, which will improve the level of on-farm audit and management financial control of Russian Railways, which will increase the efficiency of the enterprise as a whole.
Keywords: internal control system, risk, assessment, internal audit, internal control, line of defense
Highlights:
♦ in the Russian Federation, all business entities are required to exercise internal control of their activities in accordance with the requirements of the legislation. When comparing the services of on-farm audit, financial control and audit services, it was found that on-farm audit solves a larger layer of tasks, risk management processes implemented within the framework of corporate governance. In modern realities, the system of managerial financial control and internal audit should be focused on eliminating the risks of financial losses of the enterprise and aimed at improving the stability and efficiency of the enterprise;
♦ the subjects of the internal control system in JSC "Russian Railways" within the framework of the implementation of managerial financial control are all structural divisions, subsidiaries of dependent companies and directly management. The three-level line of protection of JSC "Russian Railways" from possible risks makes it possible to implement control procedures at all levels of management by regulating the activities of employees, operations of information systems at the enterprise;
♦ the introduction of an outsourcing system, as well as the formation of an external accounting system for business transactions, will allow Russian Railways to minimize costs and reduce risks in terms of incorrect accounting by attracting reliable partners with high-tech equipment that allows eliminating errors and inaccuracies in reporting, thereby increasing the efficiency of production activities.
Vladimir A. Piskunov, Samara State University of Economics, Samara, Russia, Tatiana M. Tarasova, Samara State University of Economics, Samara, Russia