Directions for Improving the Internal Audit of some Stocks of Circulating Assets

Abstract

The objective of the article is the study of directions for improving the internal audit of some stocks of current assets according to the degree of functionality with a brief statement of the form of their manifestation, for the improvement of the procedural framework and practice in this field. The study in question, carried out mainly through the monographic method and other components inalienable to the dialectical method of knowledge, is based on the authors' own research, as well as theoretical concepts in this field on different dimensions described in the specialized publications of local and foreign scholars, the principles basic and the provisions of professional standards in the field. The results of the empirical study of the current state of the accounting of the distinct patrimonial elements allowed the group of authors to formulate some directions for improving the internal audit of the stocks of current assets according to the degree of functionality with a succinct statement of the form of their manifestation, cur would be: the argumentation of the methods stock assessment and the application of sampling methods in the audit, the improvement of the documentary verification methods of the movement of goods and materials, the organization of the inventory during the audit and the standardization of the audit checks.