FORMATION OF EFFECTIVE SYSTEM OF AGRICULTURAL ENTERPRISES’ INTERNAL CONTROL
Journal Title: The Institute of Accounting, Control, and Analysis in the Globalization Circumstances - Year 2016, Vol 2, Issue 2
Abstract
Introduction. Under the market conditions enterprises have different strategic and local objectives of their activities, which vary from time to time. However, only the effective system of internal control can provide reasonable assurance that the specified target will be achieved. At the same time there is an acute problem of "inefficiency" of control in the agricultural sector, especially concerning some medium-sized companies. Methods. The research is based on the dialectical method and the use of a systematic approach. The application of such methods of scientific knowledge as abstraction, classification, comparison, synthesis, simulation and a graphical method has been also provided. Results. The author has proposed and substantiated the step-by-step approach to the formation of the system of internal control that will allow the companies of the agricultural sector to achieve a higher level of management efficiency and internal organizational, and economic culture. It has been also proved that such approach will help solve current production problems and implement strategic objectives. The model of the process of the internal control effective system formation has been provided. The tasks for owners and managers of agricultural enterprises as for the creation of appropriate conditions for the formation of an effective system of internal control have been also defined. Discussion. In further studies it is necessary to focus on the development of control policies, rules, regulations and reports that would manage the organization and functioning of the internal control of agricultural enterprises and provide information interaction both within the system and the system of governance.
Authors and Affiliations
Vitaliy Нonchar
Keywords
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