The risk-based internal auditing: nature, conditions of application and relevance for the enterprises of agriculture

The article discusses the meaning and main goals of internal audit. The importance of the work of the internal audit service for the management of enterprises, as well as for strengthening the internal control system, is determined. The definition of "internal audit" is given. The specifics of risk-based audit are noted. Industry-specific features of agricultural enterprises and industry risks are identified. The influence of risk-based internal audit on improving the management efficiency of such enterprises is considered.