Analysis of course differences as procedure of internal audit of a group of related enterprises
Journal Title: Економічний аналіз - Year 2018, Vol 28, Issue 2
Abstract
Introduction. Increase in currency risks is observed in the activity of a group of enterprises, in which the functional currency of the activity of the main enterprise-investor differs from the functional currency of the activity of one of the group's enterprises. The article is devoted to the study of the processes of audit of exchange rates, which are reflected in the reporting of the group of enterprises on the results of intragroup transactions and external operations of individual enterprises of the group. Purpose. The article aims to develop a methodological approach to the implementation of the analytical procedures of internal audit of exchange differences that are reflected in the consolidated statements of the group and to provide the recommendations of the internal auditor on the formation of a strategy for managing the currency risk of a group of enterprises. The internal audit of individual group reporting and consolidated reporting by the group should ensure the detection of areas with high currency risk. Results. The analytical audit procedures of exchange rate changes based on the matrix methodological approach that can determine the result of currency risk management group and form the internal auditor recommendations towards improving the management of exchange rate differences (due to the impact on business enterprise group or rationalization of intragroup transactions group) has been proposed in the article.
Authors and Affiliations
Valeriya Fesenko
Keywords
Related Articles
- EP ID EP533022
- DOI -
- Views 34
- Downloads 0
Фінансові боргові зобов’язання: методологія та прикладні можливості реструктуризації
Вступ. Спроможність обслуговувати державою власні фінансові боргові зобов’язання – один із ключових чинників макроекономічної стабільності в країні, а ефективне їх використання може стати потужним фактором економічного...
Theoretical and methodological background to statistical assessment of employment quality in local units
Introduction. The article is devoted to the research of topical issues of statistical study of the impact of information and communication technologies on changes in the labor market and the quality of employment. Purpos...
Economic effectiveness of investment in bioenergetic culture growing in the zones of forest of Ukraine
Introduction. One of the most promising areas of renewable energy development is the use of biomass energy. It contributes to the economy of traditional fuels and does not increase the global greenhouse effect. However,...
Methodological principles of financial management of subjects of entrepreneurship in conditions of uncertainty
Introduction. The financial manager has to take into account a large number of factors in the process of adoption of managerial decisions. The effect of these factors can be caused by the uncertainty of the market enviro...
Financial consulting for citizens: theoretical and organizational aspects of activity
The development of a financial consulting for citizens and promotion of financial consulting services have a positive effect on the efficiency of managing personal finances and the welfare of citizens. The theoretical an...