Development tools system financial control in the corporation

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The quality of the functioning of the system of internal financial control in corporations is largely de-termined by the maturity of the instruments the implementation of the control system is provided by his ap-pointment. This thesis is absolutely valid for the new system monitoring tool of corporate finance - cross-checking. Mainstreaming cross-checking requires proper methodological basis, which, in turn, determined the content of the proposed article attention. The aim of the article is to develop methodological bases for cross-checking of corporate finance. The study used the methods of dialectics, system analysis, economic analysis, synthesis, heuristics. The proposed methodology of cross-author of Financial Control is a model of perfect control action for a comprehensive, holistic and interconnected solutions emerging management chal-lenges. This model includes six phases: the search for troubled facilities management; job control points; selection criteria for cross-checking; adoption of a plan of control activities; conduct cross-checking; assess-ment of the state-controlled facilities. Application of results - Management of corporate finances. The au-thors concluded that the results obtained in the course of cross-financial controls and interpreted in a quanti-tative and qualitative indicators play the role of a launching pad for the adoption of integrated management solutions. Thanks to them is simplified systematization of the existing problems, the adjustment specified tasks, facilitate the coordination of all the subjects of financial management. In addition, these results have a significant impact on the accuracy of assessing the reliability of the entire system of internal control of the corporation, carried out in the course of an external audit. At the end of this article provides an example that illustrates the practical value of the proposed methodology of cross financial control and its influence on the auditor's assessment of the reliability of the internal control system of the corporation.

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Corporate finance, internal financial control, system of internal financial control, cross-financial control, financial control methodology cross

Короткий адрес: https://sciup.org/147201531

IDR: 147201531   |   DOI: 10.17072/1994-9960-2016-2-204-214

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