Organization of internal audit mortgage transactions in subjects of its implementation
Journal Title: Проблеми теорії та методології бухгалтерського обліку, контролю і аналізу: міжнародний збірник наукових праць - Year 2016, Vol 35, Issue 2
Abstract
The article determines that the system of internal audit provides management personnel with reliable information for effective management of borrowed funds on the security (in a mortgagor) and financial activities of a mortgagee. The article deals with the organizational aspects of internal audit mortgage transactions (the loans payable to the mortgagor, the accounts receivable of the mortgagee, the subjects of mortgage). The study develops the organizational approach to the sequence of internal audit mortgage transactions in subjects of its implementation; the audit involves the selection of the following stages: before and at the moment of the mortgage contract making, in the performance of its conditions and after the completion of the contract. It is recommended to carry out the inventory of mortgage subjects (by its types) in the internal audit for the current control of the state, the number of mortgage subjects, their compliance to the mortgage agreements, identification of drawbacks and subsequent correction of accounting data.
Authors and Affiliations
I. M. Vygivska, O. S. Gritsak
Keywords
Related Articles
- EP ID EP280548
- DOI -
- Views 125
- Downloads 0
Economic analysis of business processes of forestry enterprises
The article analyzes the research of scientists who devoted their works to the analysis of forestry activities. Two main forms of statistical reporting, which record the information on the performance indicators of fores...
Polysemic Nature of the Notion of Customer Capital of the Enterprise
The analysis of English variants of capital names is created, due to relations and links of the enterprise with its customers has been conducted. There are three main terms «relational capital», «customer capital», «cust...
Assessment of the system of financial planning of the enterprise on the basis of a balanced score card
The paper investigates the features of constructing a balanced score card (BSC) for assessing the implementation of financial planning at the enterprise. In the course of this study, we identified and formed three groups...
State of accounting methods and cost of maintenance and improving water management facilities
The article examines the state of irrigation systems in Odessa region in terms of operation and it determines that the systems 507 have been in function for over 20 years. It is established that the presence of obsolete...
Management report: is it a component of financial, nonfinancial or integrated reporting?
The new requirements of the Law «On Accounting and Financial Reporting» demand enterprises to publish the «Management Report» in order to supplement the annual financial statements with information that should help users...