Artem V. MEL'NIKKuban State Agrarian University named after I.T. Trubilin (KubSAU), Krasnodar, Krasnodar Krai, Russian Federation melniktema@mail.ru ORCID id: not available
Subject. The study deals with the analysis of emerging threats, testing the internal control systems of an economic entity, development of unified methods and control procedures. Objectives. Based on identified industry risks inherent in construction activities, we focus on determining the main control methods and the procedure for their application. Methods. The study employs statistical, control and analytical research methods, computational and graphical method. Results. We identified the main macro risks inherent in the construction industry, assessed the financial and economic activities of a number of construction companies, identified the key micro risks specific to economic entities of the industry, tested the existing internal control system, which helped establish the relationship of internal control tools with the characteristics of the construction industry based on the developed working document. Furthermore, we analyzed the accounting, analytical, and methodological support for the internal control system of a particular organization. Conclusions. The presented step-by-step procedures for the analysis of the industry and a separate business entity, testing the internal control system, accounting and analytical systems of typical business entities of the construction industry enabled to formulate methodological approaches for effective functioning of internal control department of construction organizations, which will ensure continuous control of business risks.
Keywords: control procedure, construction industry, risk
References:
Borovitskaya M.V. [Internal control system as an element of strategic management accounting]. Azimut nauchnykh issledovanii: ekonomika i upravlenie, 2018, vol. 7, no. 1. (In Russ.) URL: Link
Dombrovskaya E.N., Vedernikova A.O. [Identification of business risks in the internal control system]. Ekonomicheskie nauki = Economic Sciences, 2022, no. 6, pp. 205–209. URL: Link (In Russ.)
Makarenko S.A., Safonova M.F. Kompleksnaya metodika vnutrennego audita debitorskoi i kreditorskoi zadolzhennosti v organizatsiyakh torgovli [Comprehensive methodology for internal audit of accounts receivable and accounts payable in trade organizations]. Krasnodar, KubSAU Publ., 2015, 179 p.
Makarenko S.A., Serikov V.V. [Modification of methodology for internal control and accounts receivable risk management]. Innovatsionnoe razvitie ekonomiki = Innovative Development of Economy, 2019, no. 2, pp. 262–270. URL: Link (In Russ.)
Mel'nik M.V. [Ensuring the economic security of corporate structures]. Innovatsionnoe razvitie ekonomiki = Innovative Development of Economy, 2020, no. 6, pp. 310–318. URL: Link (In Russ.)
Sydykova Ch.K., Kundasheva A.Sh. [Organization of internal audit of construction organizations of the Kyrgyz Republic]. Aktual'nye voprosy sovremennoi ekonomiki = Topical Issues of Modern Economy, 2021, no. 11, pp. 493–500. (In Russ.)
Safonova M.F., Mamushkina N.V. [The model for assessing the maturity and effectiveness of the internal control system]. Vektor nauki Tol'yattinskogo gosudarstvennogo universiteta. Seriya: Ekonomika i upravlenie = Science Vector of Togliatti State University. Series: Economics and Management, 2023, no. 3, pp. 34–46. (In Russ.) URL: Link
Shiryaeva G.F., Makarova V.I. [Improving of the internal control in the enterprise]. Vestnik Evraziiskoi nauki, 2019, no. 2. (In Russ.) URL: Link
Pankova S.V., Kuz'micheva A.V. [Analysis of Companies' Internal Control Based on Integrated Reporting Data]. Ekonomicheskii analiz: teoriya i praktika = Economic Analysis: Theory and Practice, 2022, vol. 21, iss. 7, pp. 1312–1329. (In Russ.) URL: Link
Katelikova T.I., Katelikov A.N. [Organizational aspects of internal control system of economic entities]. Vestnik Voronezhskogo gosudarstvennogo agrarnogo universiteta = Vestnik of Voronezh State Agrarian University, 2023, vol. 16, no. 3, pp. 263–268. URL: Link (In Russ.)
Kalinina I.N. [Management of internal control of staff salary settlements in agricultural entities: Some peculiarities]. Mezhdunarodnyi bukhgalterskii uchet = International Accounting, 2023, vol. 26, iss. 12, pp. 1419–1436. (In Russ.) URL: Link
Kozmenkova S.V., Izhnina L.P., Kiseleva I.A. [Financial and economic expert analysis when examining objective business bankruptcy: Bringing persons to subsidiary liability]. Daidzhest-Finansy = Digest Finance, 2023, vol. 28, iss. 4, pp. 439–460. (In Russ.) URL: Link
Mandrazhi Z.R. [Use of analytical procedures in audit]. Upravlencheskii uchet = Management Accounting, 2022, no. 3-2, pp. 312–317. (In Russ.) URL: Link
Makarenko S.A., Novikova M.M. [Analytical procedures in the internal audit of financial results]. Innovatsionnoe razvitie ekonomiki = Innovative Development of Economy, 2018, no. 1, pp. 308–318. URL: Link (In Russ.)
Kazakova N.A. [The use of analytical procedures in audit and assessment of economic activities]. Finansy: teoriya i praktika = Finance: Theory and Practice, 2017, vol. 21, no. 2, pp. 113–120. (In Russ.) URL: Link
Yakimova V.A., Radomskii V.S. [Compliance control as a mechanism for ensuring the economic security of businesses in e-commerce]. Natsional'nye interesy: prioritety i bezopasnost' = National Interests: Priorities and Security, 2021, vol. 17, iss. 8, pp. 1491–1518. (In Russ.) URL: Link
Danilochkina N.G. [Some aspects of the formation of the internal control system at the enterprise]. Aktual'nye problemy sotsial'no-ekonomicheskogo razvitiya Rossii = Actual Problems of Socio-Economic Development of Russia, 2022, no. 1, pp. 41–44. (In Russ.)
Safonova M.F., Marchenko Yu.V. [Formation of a compliance control system in organizations of the construction industry]. Bukhgalterskii uchet v byudzhetnykh i nekommercheskikh organizatsiyakh = Accounting in Budgetary and Non-Profit Organizations, 2023, no. 6, pp. 2–11. (In Russ.)
Smagina A.Yu., Kargina E.V. [The development of an integrated risk management model within the concept of lean production]. Vektor nauki Tol'yattinskogo gosudarstvennogo universiteta. Seriya: Ekonomika i upravlenie = Science Vector of Togliatti State University. Series: Economics and Management, 2020, no. 2, pp. 45–52. (In Russ.) URL: Link
Khoruzhii L.I., Katkov Yu.N., Titova V.A. [The use of blockchain technology in the internal control system of agro-industrial enterprises]. Bukhuchet v sel'skom khozyaistve = Accounting in Agriculture, 2023, no. 3, pp. 134–146. URL: Link# (In Russ.)
