Foreign experience in the development and regulation of the internal control and audit system

This article reflects the history of the formation and development of internal audit in economically developed countries. It also examines how effective state financial control is organized in countries with market economies, which is carried out by various bodies: parliament, special financial control services in the offices of the President and the Government, the Ministry of Finance, tax authorities and industry audit departments. Adaptation of foreign experience of internal audit in Kyrgyzstan can lead to a significant improvement in financial and operational transparency, strengthening corporate governance and increasing trust on the part of all stakeholders.