The importance of internal control of the organization and errors in its implementation

In this article, the authors investigate the essence and purpose of internal financial control, its relevance and necessity in modern economic conditions, especially during the pandemic. The main purpose of the internal control system should not be to identify and fix violations, but to prevent and prevent them, taking into account the specifics of the company's activities, the specifics of the organization of the accounting system and internal control. To date, there are no clear recommendations and instructions on the organization and conduct of internal control at the enterprise, in connection with which the authors recommend that each economic entity independently determine and consolidate the forms, methods, types and principles of internal control in the form of an internal company standard.