THE COSO FRAMEWORK AND THE ORGANIZATION OF INTERNAL AUDIT FOR FIGHTING AGAINST FRAUD

Autori članka: 
Darko Tomaš, Igor Todorović, Zdravko Todorović
Godina izdavanja članka: 
2017
Broj u godini: 
2
Apstrak članka: 

THE COSO FRAMEWORK AND THE ORGANIZATION OF INTERNAL AUDIT FOR FIGHTING AGAINST FRAUD

 

Abstract: Due to inability to copy certain efficient programs or strategies for fighting against fraud, many companies have developed its own programs for fighting against fraud which are appropriate for their business, legal framework and organisational culture. This paper deals with the role of internal audit in the fight against fraud, while it investigates the organisation of internal audit for fighting against fraud. The paper presents the COSO framework which is traditionally used for organisation of internal control department as a potential framework for organisation of internal audit department in fighting against fraud. According to this model, the program for fighting against fraud needs to have the following five elements: implementation of control environment for fighting against fraud, assessment of fraud risks, anti-fraud control activities, information and communication about fraud and monitoring of activities for fighting against fraud.

Keywords: Fraud, internal audit, program for fight againt fraud, COSO framework.

 

COSO OKVIR I ORGANIZOVANJE INTERNE REVIZIJE ZA BORBU PROTIV PREVARA

 

Apstrakt: Pošto je nemoguće kopirati određene uspješne programe ili strategije borbe protiv prevara, mnoge organizacije su razvile svoje programe za borbu protiv prevara koji odgovaraju njihovom poslovanju, zakonodavstu i poslovnoj kulturi. U radu se posmatra uloga interne revizije u borbi protiv prevara. Pored toga istaražuje se način organizovanja interne revizije za borbu protiv prevara. Predstavljen je COSO okvir, koji tradicionalno služi za organizovanje službe interne kontrole, kao mogući okvir za organizovanje službe interne revizije u borbi protiv prevara. Prema tom modelu program borbe protiv prevara treba da ima pet cjelina i to: uspostavljanje kontrolnog okruženja za borbu protiv prevara, procjena rizika od prevara, protivprevarne kontrolne aktivnosti, informacije i komunikacije o prevarama i praćenje aktivnosti borbe protiv prevara.

Ključne riječi: prevara, interna revizija, program borbe protiv prevara, COSO okvir.

 

 

THE COSO FRAMEWORK AND THE ORGANIZATION OF INTERNAL AUDIT FOR FIGHTING AGAINST FRAUD

Abstract: Due to inability to copy certain efficient programs or strategies for fighting against fraud, many companies have developed its own programs for fighting against fraud which are appropriate for their business, legal framework and organisational culture. This paper deals with the role of internal audit in the fight against fraud, while it investigates the organisation of internal audit for fighting against fraud. The paper presents the COSO framework which is traditionally used for organisation of internal control department as a potential framework for organisation of internal audit department in fighting against fraud. According to this model, the program for fighting against fraud needs to have the following five elements: implementation of control environment for fighting against fraud, assessment of fraud risks, anti-fraud control activities, information and communication about fraud and monitoring of activities for fighting against fraud.

Keywords: Fraud, internal audit, program for fight againt fraud, COSO framework.