Azhiguzhaeva AB, Master of Economic Sciences, assistant professor Kazakh Leading Academy of Architecture and Construction

INTERNAL CONTROL APPLIED IN THE ORGANIZATIONS.

Organization to function successfully, constantly improve the level of profitability, preserve and develop its assets, the debugged mechanism of management is necessary, which is the most important tool which performs internal control.

Internal control is a process, which is carried governing body of the organization or other employees of the organization, in order to obtain information relating to the three objectives:

1. Efficient and rational activities;

2. The reliability of financial reporting;

3. Compliance with laws and regulations.

The internal control system is a set of organizational structure, the method of procedures that have been adopted by management entity as a means for the orderly and efficient conduct business activities, which includes encompasses organized within a given economic entity of its own supervision and verification of compliance with the legislation, the accuracy of documentation completeness accounting, timely preparation of reliable financial statements, prevent errors and distortions, execution of orders and instructions to ensure the safety of property of the organization [1].

The purpose of the internal control system is the timely prevention of irrational or improper actions, as well as errors in the processing of information.

The internal control system includes several related components:

1. Control environment - can give an overall assessment of the organization, its policies and procedures;

2. Risk assessment - the identification of the direction of the risks;

3. Information and network - represents the methods that are used to classify and reflection operations and communications roles and responsibilities;

4. Monitoring - is a procedure that is necessary in order to assess the quality of the application of the internal control system on a regular basis;

5. Existing control procedures - policies and procedures are established to ensure the objectives of management that are achieved.

Considering the improvement of the internal control on the example of JSC "International Education Corporation." Internal control in the JSC "International Education Corporation" can perform both individual staff members (managers, accountants, economists), and specially established by Audit Commission.

. The management of JSC International Educational Corporation, develops effective system of internal control, tries to consider the most different circumstances, also circumstances which enter the auditor's task according to system of internal control of the enterprise.

Management accounting in the enterprise require different information about all aspects of the planning and conduct of the work of the educational process and the financial side.

Accounting about which the auditor presents an audit report to the management of the enterprise is limited by a legal framework of Laws and Provisions which contain requirements about the purposes, system, methods, terms and forms of accounting reports of the enterprise [2].

Developing an effective system of internal control management of JSC "International educational corporation" has the following objectives:

1. Provision of reliable information of the university management and the adoption of the most effective and timely management decisions.

For example, if the reduced set of applicants, which makes the selection committee, it is necessary to timely provide teachers for pre-vocational guidance in order to control the future income of the university.

2. Ensure safety of assets, documents and enterprise registers.

Tangible assets in the enterprise should be protected by a reliable control system in order to prevent their theft, use of inappropriate use or accidental destruction.

A serious protection and control also requires receivables, important documents, which include agreements and contracts, as well as registers of accounting (general ledger and journals).

Since computer systems are constantly evolving, it is necessary to take appropriate steps to preserve the volume of information stored on computer media.

3. Ensuring the effectiveness of economic activity avoid involuntary costs in all areas of economic activity, and to prevent inefficient use of all other resources.

There are cases where the costs of the tasks referred to in the first and second paragraph, in numerical terms, exceed the possible profits that the company will be able to receive as a result of the proposed activities. It follows from this, at first glance, that the activities referred to in the first and second paragraphs, may not be effective. But the rejection of the implementation of the proposed measures to provide reliable information and the safeguarding of assets and registers can lead to irreparable losses. So stakeholders will lose or steal data on the quantity and price of delivered raw materials, it is possible to decrease the competitiveness of their products.

4. Ensuring compliance to the ordered registration principles.

The system of internal control has to provide necessary degree of confidence that officials and employees of the enterprise strictly adhere to requirements and rules which are fixed by internal documents of the enterprise. It is possible to carry to such documents:

- regulations on department, service, other divisions of this enterprise;

- duty regulations of heads, managers and specialists of the enterprise;

- order on accounting policies of the enterprise;

- orders and orders of the CEO and other heads who have been published according to their competence.

5. Ensuring implementation of requirements of laws and other legal acts of RK and authorities at implementation of financial and economic activities.

Internal control of the enterprise, as a rule, is based on control functions of the head of each division. Continuous control of results of work of the subordinates belongs to duties of each head. Also all functional features of each unit manager in the field of control of the organization are considered. The role and functions of internal control are defined by the organization depending on specifics and the content of activity of the organization, volumes of indicators of financial and economic activity, control system, condition of internal control.

The effectiveness of the internal control system of JSC "International Education Corporation" largely depends on what kind of a place in the enterprise management system, it occupies and the principles on which it is carried out the work.

The efficiency of the company in the field of production and financial performance is largely dependent on the correctness of internal control system in the enterprise and continuous improvement of its structure [3].

Intraeconomic control of JSC "International Education Corporation" is assigned to the Audit Commission. But as shown by many years of experience in a modern market economy, leadership can ignore the control or intentionally cause false information in the financial statements.

. To eliminate this possible violation in the field of business management is necessary to create, instead of the Audit Commission of the internal control, as an independent unit, the control unit. The purpose of the control unit is to ensure the most efficient operation of all services to protect the legitimate interests of the property owners of the enterprise. Depending on the scope and purpose of internal control functions can be assigned to a special service or individual professional auditor or audit committee, to ensure the effectiveness of internal controls, both from the functional units, as well as from the accounting department.

In JSC "International Education Corporation" An effective organizational structure. This structure is most fully and accurately delineates the responsibilities and powers between its employees. This structure should as far as possible prevent the attempts of individuals to violate the requirements of monitoring and enforcing separation of incompatible functions. Incompatible functions are those functions which the concentration of one person contributes to the commission of random errors and irregularities. Such an example may be the enterprise that carries both an accountant payroll and clearance for the sale of production operations. Even given the fact that the organizational structure of the enterprise is fully consistent with its activity, but to eliminate the possible adverse disturbances, the management of the enterprise is necessary to increase the control over the activities of persons who are carrying out the implementation of incompatible functions.

Also, the company needs to increase the control of management of the company as a cashier. That cashier is responsible for the safety of cash and correctness of expenditure and receipt of orders, on which the cash flows at the enterprises.

Recruitment is also important to improve the efficiency of control in the enterprise. That staff is an important aspect of the control system. If workers are highly professional, honest, trustworthy, and they are fully satisfied with the existing system of remuneration, incentives and rewards for their results of operations, even in the presence of other control weaknesses in any case will the relatively low probability of misstatements in the financial statements. In the opposite situation, incompetent, dishonest employees can negate the effectiveness of any control system.

At JSC International Educational Corporation there is an automated form of maintaining the account. Therefore many documents and records at the enterprise are stored in a form of computer files and printed out only in the information purposes. At the same time supporting documents on the basis of which record has been made matter the supporting document. Therefore one of offers of effective system of internal control is that the enterprise needs to appoint access for persons to information carriers.

The tests are carried out to confirm the reliability of financial statements, must immediately cover all areas of the company, rather than a single activity. For the most effective implementation of the internal control organization should be used not only to control such practices as price control, planned targets, mode of operation, the movement of assets, but also techniques such as planning, monitoring.

It is necessary to pay great attention to the most important processes and indicators (output, supply, implementation and so on.), internal reporting, internal audit, and so on. The most important tool is the controlling, the essence of which lies in the planning and forecasting activities of company. It is designed for the control of certain parameters of the manufacturing process.

The effectiveness of the new control system depends on the continuous improvement of its structure.

The internal control system, as if it was not well organized, can certainly prevent any negative trends due to the influence of a number of limitations inherent in any control system:

- The possibility of error;

- The possibility of abuse, including collusion between controlled and controlling persons;

- Improper interference in the management of the work of the internal control system.

An example of such interference can be process related to computer programs. So a computer program can put a protective program that will block the introduction of an amount that exceeds a certain value, and requires no special allegiance to confirm the operation. Accountant usually lock perceives as a fault in the program invites professional who unlocks. As a result, it may be noted that if the company wants to work effectively, it is necessary to continuously improve the internal control system.

Literature:

1. Kucherov, AV, OV Korobkov Improving internal control system \\ young scientist. - 2013. - №5. from. 329-332.

2. VV Burtsev Internal control: basic concepts and organization of \\ Management, 2002. №4. from. 10-14.

3. Naken BE Prospects for the development of internal audit. Proceedings. Herald - KazEU T.Ryskulov. №5, 2010.