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
Related Articles
- EP ID EP185421
- DOI -
- Views 127
- Downloads 0
PERFORMANCE ANALYSIS OF BANKING INSTITUTION THROUGH THE RATINGS SYSTEM CAMELS AND ITS IMPROVEMENT
Introduction. The stability and profitability of the banking institution is under permanent the influence of various negative factors in the period of wake of economic transition, financial and political crisis. Applicat...
METHOD AND LEGISLATIVE REGULATION OF CONSOLIDATION FINANCIAL STATEMENTS
Introduction. The complexity of economic relations, which grows and generates needs of different user groups in accurate, impartial information on financial and property status and the entity, are reflected in the consol...
HISTORICAL ASPECTS OF DEVELOPMENT OF ACCOUNTING AS AN ELEMENT OF CORPORATE GOVERNANCE SYSTEM
The necessity of research of historical development of accounting support for corporate governance, based on the approaches of C.J. Napier (understanding the past, contextualization of accounting, new positivism), has be...
FORMATION OF INDICATORS PROFITS IN EVALUATING THE EFFECTIVENESS OF COMPANIES
Introduction. Currently, the accounting and analytical practice of the Republic of Belarus and other CIS states as well as countries with developed market economies, there is no scientifically based definition of "gross...
ACCOUNTING FOR SETTLEMENTS WITH BUYERS AND CUSTOMERS: DIRECTIONS FOR REFORMING AND IMPROVING THE METHODOLOGY
Introduction. Analysis of the activity of juice production enterprises has shown that the greatest specific weight in the Balance Sheet is accounts receivable, related to settlements with customers and customers. It shou...