Risk-based approach to the organization of the internal control system for settlements with the budget for value added tax

UDC 336.2

Authors

Karzaeva N. N.,
Doctor of Economic Sciences, Professor, Advisor BCC «Partners»

Abstract

The article considers a risk-based approach to the organization of the internal control system for calculations with the VAT budget. The article substantiates the formulation of the purpose of functioning of this subsystem in accordance with the proposed approach. Based on this goal, many threats to financial security are built when calculating the VAT budget. In accordance with a certain set of threats, the composition of internal control subjects and their control functions are proposed.

Keywords

internal control system, budget, VAT, threats, financial risks.