INTERNAL AUDIT IN THE PUBLIC GOVERNMENT SECTOR: OPPORTUNITIES OF USING THE EXPERIENCE OF COMMERCIAL ORGANIZATIONS

Abstract

Based on the experience of leading domestic and foreign corporate enterprises, the article examines organizational and methodological approaches to internal audit. The main characteristics of internal audit in the corporate sector are summarized, defining the features of the development of the process approach, tools and methodological support. The author's methods of domestic and foreign researchers on organizing internal audit in the corporate sector are considered from the point of view of their applicability in organizations of the public administration sector. As a result of the study, the authors come to the conclusion that public sector organizations can take into account the approaches of the corporate sector to the organizational structure of internal audit, the innovative and information-analytical technologies used, the advanced techniques and tools used to ensure the effectiveness of risk management and internal control systems, as well as the implemented social and corporate personnel policy. These conclusions correlate with the main directions of transformation of internal financial audit, which has shown insufficient inefficiency for making significant complex management decisions, into an internal audit system. The results of the study are aimed at the introduction and development of internal audit in the institute of public administration, which involves a transition to a qualitatively new level and predetermines the objective need to rethink and identify fundamentally new approaches to the study of its theoretical, methodological and practical problems.