We found a match
Your institution may have access to this item. Find your institution then sign in to continue.
- Title
Uz riskiem balstītas pieejas pielietošana revīzijā un iekšējās kontroles sistēmā.
- Authors
Līmane, Elīna; Voronova, Irina
- Abstract
The research is based on the results of the study of the methodology of risk management and international audit standards to attract attention to the comprehension of differences and similarity in the risk-oriented approach by conducting an international control and audit. The topicality of the research is connected with uncertainty which exists in business from its establishment and the search of the ways of its efficient management. The necessity in searching these ways is crucial in the postcrisis period when managers of an enterprise are striking to put into operation the "protection mechanism" of an enterprise which could increase security and stability of an enterprise. The stability of an enterprise is threatened by the fast changes in outer and inner inter environment and as a result low level of predictability of these changes. The aim of the study is to research the possibilities of the application of the risk- based approach to audit and internal control system. The most important finding of the study is the idea that the risk-oriented approach to audit and internal control system should be worked out and integrated for the development of mutual help in the realization of both systems. As a result of the research the authors came to conclusion that the owner of risk should introduce necessary alterations due to threats, resulting from changes in the market and business demands and these alterations should be conscientious. Being aware of the threats allows to improve risk management and in the end the gained benefits justify the costs on risk management.
- Publication
Economics & Business, 2013, Vol 24, p71
- ISSN
2256-0386
- Publication type
Article
- DOI
10.7250/eb.2013.008