Methodology for evaluating the effectiveness of internal control and audit in an insurance organization
( Pp. 102-111)
More about authors
Liudmila V. Kashirskaya
Financial University under the Government of the Russian Federation
Moscow, Russian Federation Aksana A. Turgaeva
Financial University under the Government of the Russian Federation
Moscow, Russian Federation
Financial University under the Government of the Russian Federation
Moscow, Russian Federation Aksana A. Turgaeva
Financial University under the Government of the Russian Federation
Moscow, Russian Federation
Abstract:
Task. The article discusses modern approaches to the methodology for evaluating the effectiveness of the internal control and audit system, taking into account the specifics of the insurance organization and world practice. The article is devoted to the study of the stages and the algorithm for assessing the effectiveness of the internal control and audit system in insurance companies. The procedure for evaluating the effectiveness of the internal control system in an insurance organization is presented. Based on the research, the author proposed a block-modular scheme for auditing the effectiveness of the internal control system in an insurance organization. Model. Based on the studies, an algorithm for assessing the effectiveness of the internal control system in insurance companies was compiled and the importance of assessing the level of effectiveness of ICS and audit was emphasized. Summary. The effectiveness of the internal control system should directly depend on the construction of the most acceptable methodology for its assessment. The presence in the insurance organization of an effective system of internal control and audit is a sign of a well-organized managerial apparatus, a target for attracting investors and insurers. Originality. The result of the study was the separation from the total number of methods and methodologies for assessing the effectiveness of ICS, to develop our own methodology specifically for insurance activities. Concrete steps are proposed for evaluating the effectiveness of internal control in insurance companies.
How to Cite:
Liudmila V.K., Aksana A.T., (2020), METHODOLOGY FOR EVALUATING THE EFFECTIVENESS OF INTERNAL CONTROL AND AUDIT IN AN INSURANCE ORGANIZATION. Economic Problems and Legal Practice, 2 => 102-111.
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Lazareva T.G., Vlasova N.I. Otsenka effektivnosti sistemy vnutrennego kontrolya fakticheskogo kholdinga // Uspekhi sovremennoy nauki. -2016. T.2. №3. - S.39-41
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Kashkarova I.A., Kashirskaya L.V., Karabasheva M.R. Voprosy primeneniya ekonomicheskoy ekspertizy: vozmozhnosti i perspektivy // Ekonomika i upravlenie: problemy, resheniya. - 2016. № 12-3. -194s.
Kramarenko, E.A. Razrabotka i otsenka sistemy vnutrennego kontrolya kommercheskoy organizatsii // Uchyet i statistika. 2009. - № 3(15). - S. 93-98
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Maksimova G.V., Novosyelov I.V. Osnovnye etapy audita sistemy vnutrennego kontrolya v korporatsiyakh // Izvestiya IGEA. 2010. № 4. - S.177- 182
Labusheva, YA.G. Otsenka riskov strakhovoy kompanii dlya prinyatiya upravlencheskikh resheniy // Vestnik ekonomiki, prava i sotsiologii, 2015. - S. 50-53.
Turgaeva A.A. Audit effektivnosti sistemy vnutrennego kontrolya v strakhovoy organizatsii // Mezhdunarodnyy bukhgalterskiy uchet. 2020. № 2. - S. 168-189
Keywords:
internal control, insurance companies, audit planning, assessment algorithm, block-modular audit scheme, audit methodology.
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