Improvement of the methodical approach to assessing the quality of internal audit based on the formulated principle of conformity of indicators of the performance of audit tasks by external and internal audit subjects
Abstract
Purpose: is to improve the methodical approach to the external (internal) assessment of the quality of internal audit in state bodies based on the improvement of the system of internal audit principles.
Method: to realize the purpose of the research, its decomposition was carried out and the theoretical necessity of compliance of the indicators of the performance of audit tasks with the indicators of external evaluation was investigated. Methods of analysis and synthesis became the methodical tools of the conducted research.
The results of the study: the methodological approach to the external (internal) assessment of the quality of internal audit in state bodies has been improved based on the improvement of the system of internal audit principles.
Theoretical implications: consists in improving the system of principles on which internal audit is based, namely the formulation and justification of the principle of the necessary identity of external and internal audit results based on the results of completed audit tasks in an ideal environment.
Value: original sources were used during the research, including the Program for assessing the functioning of the internal audit system (external assessment of the quality of internal audit) developed by the Ministry of Finance of Ukraine together with foreign partners. The value of the study lies in the improvement of theoretical provisions and methodological approaches to evaluating the functioning of the internal audit system.
Limitations of the study: the limitation of the study is the use of freely available information.
Papertype: theoretical.
Downloads
References
Informatsiya pro stan funktsionuvannya pidrozdiliv vnutrishnʹoho audytu derzhavnykh orhaniv u 2021 rotsi [Information on the state of functioning of internal audit units of state bodies in 2021]: Ministerstvo finansiv Ukrayiny, 2021.
Do Kyyeva prybuly inspektory, shchob pokrashchyty nahlyad za dopomohoyu SSHA [Inspectors arrived in Kyiv to improve surveillance with the help of the US]. Available from : https://ukrainian.voanews.com/a/audytory-ssha/6936634.html
Uhoda pro asotsiatsiyu mizh Ukrayinoyu, z odniyeyi storony, ta Yevropeysʹkym Soyuzom, Yevropeysʹkym spivtovarystvom z atomnoyi enerhiyi i yikhnimy derzhavamy-chlenamy, z inshoyi storony [Association Agreement between Ukraine, on the one hand, and the European Union, the European Atomic Energy Community and their member states, on the other hand]: ratyfikovano iz zayavoyu Zakonom vid 16.09.2014. № 1678-VII. Available from : https://zakon.rada.gov.ua/laws/show/984_011#Text (access date 15.01.2023).
Mizhnarodni standarty profesiynoyi praktyky vnutrishnʹoho audytu (Standarty) [International standards of professional practice of internal auditing (Standards).]. The Institute of Internal Auditors, 2017.
Pro osnovni zasady zdiysnennya derzhavnoho finansovoho kontrolyu v Ukrayini [On the basic principles of state financial control in Ukraine]: Zakon Ukrayiny 26 sichnya 1993 roku № 2939-XII. Available from : https://zakon.rada.gov.ua/laws/show/2939-12#Text (access date 18.01.2023).
Deyaki pytannya zdiysnennya vnutrishnʹoho audytu ta utvorennya pidrozdiliv vnutrishnʹoho audytu [Some issues of internal audit and formation of internal audit units]: postanova Kabinetu Ministriv Ukrayiny vid 28.09.2011 № 1001 (iz zminamy i dopovnennyamy). Available from : https://zakon.rada.gov.ua/laws/ show/1001-2011-%D0%BF#Text.
Pro zatverdzhennya Osnovnykh zasad zdiysnennya vnutrishnʹoho kontrolyu rozporyadnykamy byudzhetnykh koshtiv ta vnesennya zmin do postanovy Kabinetu Ministriv Ukrayiny vid 28 veresnya 2011 r. № 1001 [On the approval of the Basic principles of internal control by managers of budget funds and amendments to the Resolution of the Cabinet of Ministers of Ukraine dated September 28, 2011 No. 1001]: postanova Kabinetu Ministriv Ukrayiny vid 12 hrudnya 2018 r. № 1062. Available from : https://zakon.rada.gov.ua/laws/show/1062-2018-%D0%BF#Text.
Mizhnarodnyy standart audytu 610 (perehlyanutyy v 2013 r.) “Vykorystannya roboty vnutrishnikh audytoriv” [International Standard on Auditing 610 (revised in 2013) “Using the work of internal auditors”]. Handbook of International Quality Control, Auditing, Review, Other Assurance, and Related Services Pronouncements. 2016–2107 Edition Volume I. International Auditing and Assurance Standards Board. Audytorsʹka palata Ukrayiny, 2018.
Mizhnarodnyy standart audytu (perehlyanutyy v 2013 r.) “Vykorystannya roboty vnutrishnikh audytoriv” [International auditing standard (revised in 2013) "Using the work of internal auditors"]. Handbook of International Quality Control, Auditing, Review, Other Assurance, and Related Services Pronouncements. 2016–2107 Edition Volume I. International Auditing and Assurance Standards Board. Audytorsʹka palata Ukrayiny, 2018.
Pro zatverdzhennya Polozhennya pro Derzhavnu audytorsʹku sluzhbu Ukrayiny [On the approval of the Regulations on the State Audit Service of Ukraine]: postanova Kabinet Ministriv Ukrayiny vid 3 lyutoho 2016 r. № 43. Available from : https://cutt.ly/t32wBuS.
Slovnyk ukrayinsʹkoyi movy: v 11 tomakh [Dictionary of the Ukrainian language: in 11 volumes]. Tom 10, 1979. Stor. 213.
Aristotel'. Metafizika // Antologiya mirovoy filosofii v chetyrekh tomakh [Aristotle. Metaphysics // Anthology of world philosophy in four volumes]. Moscow: Mysl', 1969. T. 1. 936 s.
Pro zatverdzhennya Poryadku zdiysnennya Ministerstvom finansiv Ukrayiny otsinky funktsionuvannya systemy vnutrishnʹoho audytu [On the approval of the Procedure for the evaluation of the functioning of the internal audit system by the Ministry of Finance of Ukraine]: nakaz Ministerstva finansiv Ukrayiny vid 03.05.2017 № 480. Available from : https://cutt.ly/n32wKgb.
Metodychnyy posibnyk z otsinky yakosti vnutrishnʹoho audytu v derzhavnykh orhanakh [Methodical manual for assessing the quality of internal audit in state bodies]. Ministerstvo finansiv Ukrayiny. Available from : https://cutt.ly/b32wApB.
Abstract views: 154 PDF Downloads: 147
Copyright (c) 2023 Anatolii Loishyn, Kostiantyn Kustrich
This work is licensed under a Creative Commons Attribution 4.0 International License.
The authors agree with the following conditions:
1. Authors retain copyright and grant the journal right of first publication (Download agreement) with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this journal.
2. Authors have the right to complete individual additional agreements for the non-exclusive spreading of the journal’s published version of the work (for example, to post work in the electronic repository of the institution or to publish it as part of a monograph), with the reference to the first publication of the work in this journal.
3. Journal’s politics allows and encourages the placement on the Internet (for example, in the repositories of institutions, personal websites, SSRN, ResearchGate, MPRA, SSOAR, etc.) manuscript of the work by the authors, before and during the process of viewing it by this journal, because it can lead to a productive research discussion and positively affect the efficiency and dynamics of citing the published work (see The Effect of Open Access).
