Professional Standards on Internal Control and Auditing

Abstract

The article justifies the necessity of harmonization of professional and educational standards basing on the development of collaboration forms of the employers and the staff and faculties of the universities. The article points out the importance of monitoring of professional standards as an integral stage in the development of professional standards which allows to identify strengths and weaknesses of the proposed standards as well as the contradictions and discrepancies of separate sections of the standards with the normative documents which regulate accounting and controlling processes, and with each other. A close examination was devoted to the analysis of the contents of the two most closely connected professional standards - internal control and internal auditing. The article clarifies their common positions, evident differences and discrepancies which are possible to eliminate during their final editing. The article also shows the peculiarities of the development organization of the professional standards and to what extent it is adequate to differentiate them according to the entities of different specialization, organizational and legal forms and those which implement different development strategies. The article systematizes and compares the unified, labour functions and labour actions, it identifies the differences and similarities, and it also reveals a certain repetition of the proposed functions. The article highlights the importance of cooperation and collaboration of the standards in question within the system of control over the economic entities. A separate attention is devoted to the conformity of the requirements applied to the qualification of the control specialists and the areas of their preparation in the universities on different levels (bachelors, masters, postgraduates) as well as within the system professional education. The article describes the ways of its further improvement, specification, and differentiation of the necessary additions and changes for its further harmonization and elimination of the repetition which will allow to enhance the efficiency and effectiveness of their usage.

Keywords

• профессиональные стандарты
• образовательные стандарты
• внутренний контроль
• внутренний аудит
• контрольная среда
• мониторинг
• должностные инструкции
• трудовые функции
• трудовые действия
• работодатели
• программы подготовки
• professional standards
• educational standards
• internal control
• internal auditing
• controlling environment
• monitoring
• job description
• labour functions
• labour actions
• employers
• preparation programmes