Interconnection of business entity internal control system components
Abstract and keywords
Abstract:
Internal control is a system of measures aimed at identifying the accuracy of accounting and financial reporting data, protecting assets and liabilities, complying with regulatory legislation and improving the efficiency of financial and economic activities. The relevance of the study is due to the impact of many internal and external factors on the economic entity, which increases the need to improve management efficiency, where the internal control system becomes a key link in ensuring financial stability, preventing corruption and achieving the strategic goals of the organization. Improving internal controls is an important task for organizations of all sizes and legal forms. The result of the study is the development of recommendations, the application of which is designed to improve the reliability and efficiency of internal control of an economic entity, which can contribute to improving financial performance and strengthening market positions.

Keywords:
Interconnection of business entity internal control system components
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References

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