Oditor, Vol II, No. 1/2016

INTERNAL CONTROLS AND ITS COMPONENTS
Stefan Simijonović[17]

Paper received: 17.12.2015.
Paper accepted: 26.02.2016.
UDK: 005.334:657.633
005.584

Abstract

Due to the very dynamic changes in the markets, especially in the capital markets, equity holders and investors need is a reliable and independent opinion on the financial statements of companies that are the subject of their interest. In conditions that are characterized by a large heterogeneous unification of the financial statements, the management company is looking for a better way of establishing control of the company, which is a long and continuous process. Full support that it provides internal control and internal audit business.

Key words: management, internal control, internal audit.

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[17]Stefan Simijonović, Master studies Public finance, Military Academy, Belgrade, Serbia, E-mail: simijonovic_s@gmail.com