IDEAS home Printed from
   My bibliography  Save this article

Specifics of Formation and Integration of Internal Audit System into Joint Stock Company Corporate Management System


  • Oleksandr Smetanko

    () (Crimean Economic Institute of the Main Institution of Higher Education 'Kyiv National Economic University named after Vadym Hetman')


Availability of diversity structures and complex management systems create objective preconditions for establishing internal audit service within the corporate management structure. According to the research done, nowadays there is a considerable shortage of methodical materials and recommendations on establishing, implementation and functioning of internal audit service. Therefore, there exists a necessity of applying comprehensive approach to grounding models of organization (formation), principles and factors affecting the process of setting and further integration of internal audit service into joint-stock company corporate management system. In the study the models, factors, conditions, preconditions and approaches connected with setting-up internal audit serviced have been considered. Main stages and principles of setting-up and further functioning of internal audit service in joint-stock companies of Ukraine have been highlighted. The use of the proposed stages and approaches to setting-up internal audit service will make it possible to determine principle goals on the stage of its formation and integration into the system of corporate management, and differentiate functional duties and powers among internal auditors, management personnel and joint-stock company founders (shareholders).

Suggested Citation

  • Oleksandr Smetanko, 2013. "Specifics of Formation and Integration of Internal Audit System into Joint Stock Company Corporate Management System," Accounting and Finance, Institute of Accounting and Finance, issue 3, pages 107-112, September.
  • Handle: RePEc:iaf:journl:y:2013:i:3:p:107-112

    Download full text from publisher

    File URL:
    Download Restriction: no

    File URL:
    Download Restriction: no

    More about this item


    internal audit; internal auditing service; internal auditing principles; corporate governance; internal auditing standards;

    JEL classification:

    • M42 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Auditing


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:iaf:journl:y:2013:i:3:p:107-112. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Serhiy Ostapchuk). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.