Assessment of internal control on the example of the process "movement of fixed assets"

UDC 657.633.5

Authors

Nguyen Thi Ha My

Abstract

Assessment of internal control is one of the key conditions for building an effective ICS. The significance of ICS assessment is confirmed by the COSO concept, which distinguishes monitoring of the internal control system as a separate element of ICS. At the same time, there are no generally established regulations for conducting an assessment of internal control. This article discusses the methodological aspects of the assessment of internal control on the example of the process "Movement of fixed assets".

Keywords

internal control system, evaluation of the internal control system, business processes, audit, internal control, fixed assets, evaluation criteria for the internal control system.