L. Giriunas, Doctor, Vilnius University Evaluation of internal control: risk management in extractive industry enterprises

In the nowadays competitive world, technologies are rapidly developing and varying, market needs are changing, business processes becoming more difficult, and it is getting more and more complicated to control the enterprise and to perform its internal control. Purpose of the article is to perform an analysis of internal control and it’s management system. Moreover, only the effective internal control system has positive influence on all other control systems of the company, and when the company has an effective internal control, it may compete with other companies operating within the branch, and to endeavor at new strategic goals set by the management.

Keywords: internal control, evaluation, fraud risk.

Download

  • pdf 140_11
    File size: 424 kB Downloads: 199