Capitalizing on the Valences of the Internal Audit in Achieving a Reliable and Efficient Financial-Accounting System

  • Janina Soare “Valahia” University of Târgovişte
  • Magdalena Dănescu “Valahia” University of Târgovişte
Keywords: internal audit; financial-accounting activity; reliability; efficiency; public interest entity

Abstract

Manifestation of the internal audit on the financial-accounting activity means: ensuring the achievement of the established specific objectives; timely identification of risks that may occur and making recommendations for their management; streamlining the financial-accounting activity by identifying new ways of carrying out the activities faster, with less resources, with the adequate specialization of the staff and with the increase of the performances.

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Published
2021-04-27
Section
Economic Development, Technological Change, and Growth