INTERNAL AUDIT AS THE MOST IMPORTANT FINANCIAL MANAGEMENT TOOL

Abstract

The increasing requirements for improving the efficiency of enterprise management necessitate the improvement of internal audit as an integral part of the company's management. The article examines the role and importance of internal audit as a financial management tool that allows to increase the efficiency of enterprises and organizations through the creation of a highly effective accounting and internal control system. The purpose of this article is to define the basics of internal audit, to assess the need for its organization and use by enterprises, as well as to explore ways to integrate it into the management structure. The object of the study is internal audit, and the subject is the practice of its application by enterprises and organizations. The main method of writing the work is the analysis of various sources on this issue. As a result of the conducted research, the definition of the concept of "internal audit" is given, the causes and stages of its formation are revealed, the current state and prospects of its development in Russia and the world are investigated, the necessity, possibility and expediency of using internal audit in the activities of companies in Russia are assessed, and the place of internal audit in the company's management structure and principles are determined organization of the work of the internal audit department at the enterprise.