IDEAS home Printed from https://ideas.repec.org/a/idp/bizinf/y2013i10p296_301.html
   My bibliography  Save this article

Organisation of Internal Control in a Budget Institution: Applied Aspect

Author

Listed:
  • Dikan Larysa V.

    () (Kharkiv National University of Economics)

  • Deyneko Yevgen V.

    () (Kharkiv National University of Economics)

Abstract

The article proves urgency and necessity of organisation of internal control in budget institutions. It graphically depicts a general structure of the organisation of internal control in budget institutions. It offers and substantiates a model of organisation of internal control in budget institutions. It proves that the key principles of organisation of internal control in budget institutions are principles of effectiveness and efficiency. Moreover, the effectiveness principle is connected with identification of an optimal number and the most expedient composition of the internal control department in a budget institution. Using economic and mathematical methods, the article calculates an optimal number and composition of such a department. It makes a conclusion that the internal control department of a budget institution should include 2 controllers of the third type and 2 controllers of the fifth type, while it is not expedient to include controllers of the first, second and fourth types. Besides, the wages fund should be minimal - UAH 6,800 per month.

Suggested Citation

  • Dikan Larysa V. & Deyneko Yevgen V., 2013. "Organisation of Internal Control in a Budget Institution: Applied Aspect," Business Inform, RESEARCH CENTRE FOR INDUSTRIAL DEVELOPMENT PROBLEMS of NAS (KHARKIV, UKRAINE), Kharkiv National University of Economics, issue 10, pages 296-301.
  • Handle: RePEc:idp:bizinf:y:2013:i:10:p:296_301
    as

    Download full text from publisher

    File URL: http://www.business-inform.net/pdf/2013/10_0/296_301.pdf
    Download Restriction: no

    Corrections

    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:idp:bizinf:y:2013:i:10:p:296_301. 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: (Alexey Rystenko). General contact details of provider: http://www.business-inform.net .

    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.