Actual aspects of improving the internal control system in corporate structures

This article is devoted to the study of the formation and research of the internal control system in organizations with corporate governance. Considering that risks of various types constantly have a significant impact on the financial and economic activities of the organization and, accordingly, require timely identification and elimination. This explains the relevance of the research topic. The article provides an overview of the historical and legal aspects of the formation of the internal control system in the Russian Federation; the differences between internal control and internal audit are specified and analyzed; and attention is paid to the component of the internal control system, the risk management system. For a deeper understanding of how the internal control system functions and what problems may arise in the way of its creation and development, a study of the features of the formation of this system at various stages of the organization's activities has been conducted. In order to form a general concept, which should be the basis for the development and implementation of an internal control system, an analysis of the conceptual apparatus of the system formation was carried out. In order to determine which requirements and standards should be met when developing and implementing such a system, an analysis of legislative and regulatory regulation in the field of internal control system was carried out. The study showed the great importance of the effectiveness of the internal control system to minimize and eliminate such risks as unfair actions.