USED ANALYTICAL PROCEDURES IN INTERNAL AUDIT AND THEIR EVALUATION

Abstract

Purpose of the study - This article presents the analytical procedures used in internal audit and their evaluation. Research methodology - A systematic and comprehensive approach to the problem under study, as well as methods for analytical processes and evaluation used in modern times. Importance of applied research - Provides recommendations for the development of the enterprise with a systematic approach to analytical procedures in the internal audit of enterprises. Research Findings - Provides advice on how to identify and prevent analytical procedures, errors, frauds, unusual or recurring operations or events. Originality and scientific novelty of research - The pace of economic growth, social welfare of people and sustainable development of the economy are increasingly dependent on the creation of new knowledge and its practical application. The organization's activities depend on a variety of sources, among which analytical procedures are becoming an increasingly important incentive for the organization to operate. Effective application of analytical procedures improves the quality of internal audit and reduces the cost of its implementation. The true value of internal audit is important to maintain a competitive advantage and increase the value of shares in the market, because it also determines the market value of organizations. This is why this article is sometimes written out of necessity. Keywords - analytical procedures, ınternational auditing standards, financial analysis, internal audit, reliability.