Evaluation of the effectiveness of accounting systems and internal controls of inventory organizations

• Main Authors: T. V. Voronchenko, A. A. Guberman
• Format: Article
• Language: Russian
• Published: Russian Academy of Entrepreneurship 2020-01-01
• Series: Путеводитель предпринимателя
• Subjects: inventory; assessment methods; average; standard; planned; actual cost; fifo method; internal control; audit; materiality level; audit risk; rationality; efficiency
• Online Access: https://www.pp-mag.ru/jour/article/view/35
• ISSN: 2073-9885; 2687-136X

The article presents the organizational-methodical aspects of estimation of systems ofaccounting and internal control of inventories of the organization. Special attention is paid to the problems of the choice ofaccounting policies in terms of methods of assessment of stocks, their recognition and write-off, organization of internal control the availability and movement, as well as the rational and effective use.