Legal Encyclopedia. The letter P

AUDIT

- A comprehensive method of financial control.

R. - a full inspection of activity of the economic entity in order to verify its validity, correctness, expediency, efficiency.

R can be:

1) full and partial;

2) comprehensive and topical;

3) planned and unplanned;

4) documentary and factual.

R. carried authorities or their authorized representatives in respect of subordinate enterprises and institutions, and governmental and non-governmental control bodies.

R. results shall act which shall be constituted in accordance with the requirements contained in the instructions and laws. On the basis of the act adopted remedial measures, compensation

material damage and bring the perpetrators

accountable.

R. Quality depends on correctly matched the quantitative and qualitative composition of the Audit Commission, determine the order and the amount of the allocation of responsibilities between the parties.

The Audit Committee shall be determined depending on the size of the enterprise. The commission shall be persons familiar with the production activities of the enterprise.

The commission can not be elected:

1) officials and materially responsible person of the enterprise;

2) close relatives;

3) officials whose activities are subject to inspection.

The Audit Commission has no right to interfere in the operational, administrative and production activities of officials of enterprises, adopt and amend its decision. The Audit Commission has the right to conduct ongoing monitoring and operational control of the storage state, account for and secure cash and material assets.

The Audit Commission has the right to:

1) to check all the documents, which are prepared and treated in the enterprise;

2) to carry out the actual inspection of all property belonging to the enterprise;

3) appoint, organize and carry out a ontrolnye inventory of cash and material assets;

4) to carry out verification of mutual settlements;

5) receive from financial institutions and other organizations the necessary copies of documents, references and other information concerning their inter-economic relations;

6) Involve in R. and inspections required enterprise professionals, if necessary - in order to invite them to the relevant arrangement of other economic or supervisory bodies;

7) require officials the necessary explanations, including in writing, substantive;

8) participate in the meetings of the works council, require him to take measures to eliminate shortcomings and violations, if necessary - the convening representatives of the participating farms.

Audit Commission and the works council

are responsible for the improper conduct of inspections and its delay in time, complete realization of materials R. and inspections.

In the case of deficiencies in the organization of accounting supervisors are farming with proposals for measures to address them.

In the documentary R. used documentary control methods: a written request and economic analysis - and apply the actual control methods, including the most common control inventory.