THE ROLE OF INTERNAL CONTROL IN ENSURING THE EFFICIENCY OF THE ENTERPRISE

Abstract

The article examines the essence and significance of internal control as an important management tool of a modern enterprise. Scientific approaches to the definition of the concept of "internal economic control" were analyzed and the proper interpretation of the category "internal economic control" was proposed as continuous observation, verification and analysis of economic processes at the enterprise, which is carried out by a manager or an authorized person with the aim of ensuring the reliability of accounting data, compliance with legislative and internal regulatory requirements, effective use of resources and increasing the effectiveness of management decisions. The value of internal economic control of business entities to ensure the preservation of their assets, compliance with financial discipline, prevention of errors and abuses, as well as increasing the efficiency of the use of material and financial resources is considered. The main stages of intra-household control are summarized, among which planning, collection and analysis of information, evaluation of results and management decision-making are highlighted. The key problems of the organization of the internal control system at enterprises are identified, including in the modern conditions of wartime operations. The main ones are insufficient qualification of personnel, lack of a risk-oriented approach, low level of automation and weak integration of control into the general management system, as well as limited resources, disruption of logistics and communication chains, increasing risks of fraud. The influence of organizational and methodological shortcomings on the effectiveness of internal control was studied. Directions for their improvement are proposed: increasing the professional competence of employees of control units, improving the methodological support of control, introducing information technologies, as well as strengthening the risk-oriented approach to risk assessment and prevention. It was concluded that an effective system of internal control contributes to increasing the effectiveness of the enterprise, strengthening financial discipline and ensuring stable development in conditions of martial law and economic instability.