The Internal Control And The Psychology Of Peoples

Romania is heading in the right direction, which supports the creation of an internal control function in the public entities, in accordance with the good practice in the European Union. Taking in consideration that the internal audit activity is recognized as a complex activity, we can say that now we are in a phase of consolidation of this function, as the conclusive results show. The main challenge for the position for internal/managerial control is to cover efficiently the risks and to generate value inside the organization using ideas that can improve the performance of processes to minimize the costs and, on the other side, to maximize the incomes and to achieve a larger profit margin, in the case of the organizations that aim at profit, or if we talk about a public entity to assure, in terms of efficiency, some quality public services, as the people expect and in accordance with Government commitments assumed by the investment policy agenda.