Legal sector of the company as a factor of implementation of internal audit in the system of internal control functioning
There is a general expectation that all those in charge of carrying out internal control functions in companies are fully responsible for conducting these operations in accordance with the law and relevant standards. This study emphasizes the importance of practical implementation of internal audit...
| Main Authors: | , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
University Dzon Nezbit
2020-01-01
|
| Series: | Megatrend Revija |
| Subjects: | |
| Online Access: | https://scindeks-clanci.ceon.rs/data/pdf/1820-3159/2020/1820-31592004095V.pdf |
| _version_ | 1818649600946339840 |
|---|---|
| author | Vitomir Jelena Arnautović Ivan Jokić Miloš |
| author_facet | Vitomir Jelena Arnautović Ivan Jokić Miloš |
| author_sort | Vitomir Jelena |
| collection | DOAJ |
| description | There is a general expectation that all those in charge of carrying out internal control functions in companies are fully responsible for conducting these operations in accordance with the law and relevant standards. This study emphasizes the importance of practical implementation of internal audit in companies with respect to the legal sector, which will contribute to the attitudes, interpretations of the law, to use the total funds available to companies in an economical, efficient and effective manner. In addition, one of the goals of top management in any case is that the system they lead provides better services that are integrated, customer-oriented and result-oriented, which requires that the entire system be focused on measuring performance. The authors point out that such an integrated system will result in a more efficient and effective implementation of the basic guidelines set by top management, as well as more efficient management of the total available funds of the system. |
| first_indexed | 2024-12-17T01:36:54Z |
| format | Article |
| id | doaj.art-e0f78bb1b5734f578d7aaa498f28f5f1 |
| institution | Directory Open Access Journal |
| issn | 1820-3159 2560-3329 |
| language | English |
| last_indexed | 2024-12-17T01:36:54Z |
| publishDate | 2020-01-01 |
| publisher | University Dzon Nezbit |
| record_format | Article |
| series | Megatrend Revija |
| spelling | doaj.art-e0f78bb1b5734f578d7aaa498f28f5f12022-12-21T22:08:25ZengUniversity Dzon NezbitMegatrend Revija1820-31592560-33292020-01-011749510610.5937/MegRev2004095V1820-31592004095VLegal sector of the company as a factor of implementation of internal audit in the system of internal control functioningVitomir Jelena0https://orcid.org/0000-0001-6995-3297Arnautović Ivan1Jokić Miloš2Megatrend univerzitet, Fakultet za poslovne studije, Beograd, SerbiaVisoka strukovna škola za preduzetništvo, Beograd, SerbiaUniverzitet Novi Sad, Ekonomski fakultet, Subotica, SerbiaThere is a general expectation that all those in charge of carrying out internal control functions in companies are fully responsible for conducting these operations in accordance with the law and relevant standards. This study emphasizes the importance of practical implementation of internal audit in companies with respect to the legal sector, which will contribute to the attitudes, interpretations of the law, to use the total funds available to companies in an economical, efficient and effective manner. In addition, one of the goals of top management in any case is that the system they lead provides better services that are integrated, customer-oriented and result-oriented, which requires that the entire system be focused on measuring performance. The authors point out that such an integrated system will result in a more efficient and effective implementation of the basic guidelines set by top management, as well as more efficient management of the total available funds of the system.https://scindeks-clanci.ceon.rs/data/pdf/1820-3159/2020/1820-31592004095V.pdfinternal auditinternal audit standardscode of ethics |
| spellingShingle | Vitomir Jelena Arnautović Ivan Jokić Miloš Legal sector of the company as a factor of implementation of internal audit in the system of internal control functioning Megatrend Revija internal audit internal audit standards code of ethics |
| title | Legal sector of the company as a factor of implementation of internal audit in the system of internal control functioning |
| title_full | Legal sector of the company as a factor of implementation of internal audit in the system of internal control functioning |
| title_fullStr | Legal sector of the company as a factor of implementation of internal audit in the system of internal control functioning |
| title_full_unstemmed | Legal sector of the company as a factor of implementation of internal audit in the system of internal control functioning |
| title_short | Legal sector of the company as a factor of implementation of internal audit in the system of internal control functioning |
| title_sort | legal sector of the company as a factor of implementation of internal audit in the system of internal control functioning |
| topic | internal audit internal audit standards code of ethics |
| url | https://scindeks-clanci.ceon.rs/data/pdf/1820-3159/2020/1820-31592004095V.pdf |
| work_keys_str_mv | AT vitomirjelena legalsectorofthecompanyasafactorofimplementationofinternalauditinthesystemofinternalcontrolfunctioning AT arnautovicivan legalsectorofthecompanyasafactorofimplementationofinternalauditinthesystemofinternalcontrolfunctioning AT jokicmilos legalsectorofthecompanyasafactorofimplementationofinternalauditinthesystemofinternalcontrolfunctioning |