Current approaches to evaluation of the effectiveness of the internal control system in the system of the Ministry of defense of Ukraine

Abstract

This article summarizes the arguments and counter-arguments within the scientific discussion on the study of the effectiveness of the internal control system. The main purpose of the study is to popularize the developed options for assessing the effectiveness of the internal control system. Systematization of literature sources and approaches to solving the problem of evaluating the effectiveness of the internal control system showed that as of now, in the system of state internal control approaches to evaluating the internal control system are not studied at a sufficient level. The urgency of solving this scientific problem is that the results of research work offers two practical approaches to subject assessment. The research of subject evaluation in the article is carried out in the following logical sequence: the main mechanisms of internal control are determined, the role of internal audit in the evaluation process is determined, the mechanism of evaluation of the internal control system is offered. Methods of analysis and synthesis became methodical tools of the conducted research. The object of the study is the system of internal control of the budgetary institution in the system of the Ministry of Defense of Ukraine. The article presents the results of an empirical analysis of the functioning of the internal control system, which showed that the developed methods for evaluating the effectiveness of the internal control system can be used by specialists of the internal audit service. The results of the study can be useful for internal auditors, academics and managers who carry out their activities in the field of internal control, risk management, internal audit.