Metrics

  • citations in SCIndeks: 0
  • citations in CrossRef:0
  • citations in Google Scholar:[]
  • visits in previous 30 days:11
  • full-text downloads in 30 days:6

Contents

article: 2 from 11  
Back back to result list
2020, vol. 6, iss. 3, pp. 123-136
The importance of considering internal audit as a decision-making by top-management of an agricultural company
University of Novi Sad, Faculty of Economy, Subotica

emailmilosiokicbl@gmail.com
Abstract
The top management's decision-making in an agricultural enterprise should be based on valid information gathered within the enterprise itself. Collecting timely business information is done daily by all sectors of the enterprise. Merely improving the security of information gathering and the safety of all parts of the enterprise is a task performed by trained internal control and internal audit personnel in the company, appointed by top management. In performing their duties on a regular basis, internal auditors should apply procedures and methodologies that are consistent with International Standards on the Professional Practice of Internal Auditing in their work. The aim of the paper is to emphasize the importance of implementing the adopted methodology of work of internal auditors in agricultural companies. The author points out those standards that are in line with best audit practice should be applied in internal audit work. The contribution of the study authors is to emphasize the importance of applying the internal audit profession in the regular operation of agricultural enterprises, which is in line with the general objective of improving the regular business operation.
References
Abernathy, J.L., Kubick, T.R., Masli, A.N.S. (2019) The effect of general counsel prominence on the pricing of audit services. Journal of Accounting and Public Policy, 38(1): 1-14
Auerbach, J.A. (2019) Tax Equivalences and Their Implications. Tax Policy and the Economy, 33: 81-107
Chorafas, N.D. (2001) Implementing and Auditing the Internal Control System. Wiltshire: Great Britain by Antony Rowe Ltd. Chippenham
Dias, C.S.L., Rodrigues, R.G., Ferreira, J.J. (2019) Agricultural entrepreneurship: Going back to the basics. Journal of Rural Studies, 70: 125-138
Eremić-Đođić, J., Savanović, N., Sikimić, V. (2013) Upravljanje procesom interne kontrole. Sremska Kamenica: Atelje Delač
Herrmann, J., Guenther, E. (2017) Exploring a scale of organizational barriers for enterprises' climate change adaptation strategies. Journal of Cleaner Production, 160: 38-49
Jorion, P. (2001) Value at Risk, the New Benchmark for Managing Financial Risk. McGraw-Hill, second edition
Kostić, R. (2020) Revizija ostvarivanja ciljeva budžetskih programa. Održivi razvoj, vol. 2, br. 1, str. 41-52
Li, H., Dai, J., Gershberg, T., Vasarhelyi, M.A. (2018) Understanding usage and value of audit analytics for internal auditors: An organizational approach. International Journal of Accounting Information Systems, 28: 59-76
Lynch, F. (2007) Finansijske informacije za menadžment. Prevod Saveza računovođa i revizora Srbije od izdavača Kaplan publishing Foulks Lynch, ACCA, 39
Ljubisavljević, S. (2011) Revizija kao instrument provere kvaliteta finansijskog izveštavaanja. Beograd: SRR Srbije, Kosmos
Ljutić, B. (2005) Revizija logika, principi i praksa. Beograd: Mladost biro šped
Milojević, I., Mihajlović, M. (2020) Računovodstveni tretman državnih davanja i obelodanjivanje državne pomoći. Kultura polisa, 17(42): 619-630
Milojević, I., Mihajlović, M., Popović, M., Pantić, N. (2020) Application of quantitative models in the organization of the financial function of agricultural enterprises. Ekonomika poljoprivrede, vol. 67, br. 3, str. 747-762
Milojević, I.M., Mihajlović, M.B., Vukša, S.Đ. (2018) Novčani tokovi privrednog subjekta kao predmet revizije. Vojno delo, vol. 70, br. 3, str. 361-371
Milojević, I.M., Mihajlović, M.B., Milanović, N. (2019) Sistem obračunskog računovodstva i korupcija u javnom sektoru. Vojno delo, vol. 71, br. 6, str. 311-318
Northouse, P. (2008) Liderstvo. Beograd: Data Status
Popović, S., Ugrinović, M., Tomašević, S. (2015) Management of Agricultural Enterprises by Means of Fair Financial Reporting in Accordance with International Standards of the Finance and Accounting Reporting. CDQM, 3: 24-30
Popović, S., Tošković, J., Majstorović, A., Brkanlić, S., Katić, A. (2015) The importance of continuous audit of financial statements of the company of countries joining the EU. Annals, Special Issue, 241-246
Popović, S., Novaković, S., Đuranović, D., Mijić, R.Ž., Grublješić,, Aničić, J., Majstorović, A. (2017) Application of international accounting standard-16 in a public company with predominantly agricultural activities. Economic Research-Ekonomska Istraživanja, 30(1): 1850-1864
Schleich, J., Fleiter, T. (2019) Effectiveness of energy audits in small business organizations. Resource and Energy Economics, 56: 59-70
Soltani, B. (2009) Revizija, Međunarodni pristup. Zagreb: Mate
Stanišić, M. (2006) Modeli interne kontrole. Računovodstvo, vol. 50, br. 9-10, str. 22-35
Vasić, Z. (2015) Poreska kontrola uslov funkcionisanja budžetskog sistema. Akcionarstvo, 21 (1): 5-22
Vukša, S., Anđelić, D., Milojević, I. (2020) Analiza kao osnova održivosti poslovanja. Održivi razvoj, vol. 2, br. 1, str. 53-72
Zekić, M. (2015) Kontrola i revizije u javnom sektoru. Akcionarstvo, 21(1): 23-34
 

About

article language: Serbian, English
document type: Review Paper
DOI: 10.5937/Oditor2003123J
published in SCIndeks: 29/12/2020
Creative Commons License 4.0

Related records

Škola biznisa (2014)
Internal control and internal audit role in the management
Popović Slobodan, et al.

Oditor (2020)
Analiza održivosti, dometi i ograničenja ekonomske politike Evropske unije
Ristić Kristijan, et al.

Ekon: teor praks (2014)
Internal control as a management tool
Popović Slobodan, et al.

show all [25]