Improving the Internal Audit of a Microfinance Company

NURALY ASANOV, BA

Bakalářská práce

Abstract:

As the economy developed, there was a division of functions between owners of microfinance companies, their managers and lenders. The role of shareholders increased sharply, who needed a guarantee not only of capital preservation but also of dividends. A prerequisite for this was the proper accounting and efficient operation of the company. One of the key elements for achieving this goal is the internal audit of the company, which is conducted by the internal audit service. It makes an independent expert assessment of the internal control system, the competence of company employees, and information security. Internal audit in Kyrgyzstan is still a new concept, abroad it has been actively used since the late 19th century. The fact that at the moment domestic companies need to improve the methodology of internal audit makes this thesis relevant This paper consists of two parts theoretical and practical. The theoretical part presents the history of the development of audit, the classification of audit, the analysis of the existing regulatory framework for audit. And in the practical part ,the process of internal audit in the existing microfinance companies of the Kyrgyz Republic is considered, the existing problems are identified, and the methodology for assessing the effectiveness of internal audit services is developed.

Keywords

Internal audit, microfinance company, credit operations

Jazyk práce: angličtina

Datum vytvoření / odevzdání či podání práce: 18. 1. 2023

Obhajoba závěrečné práce

• Obhajoba proběhla 6. 2. 2024
• Vedoucí: prof. Ing. Mansoor Maitah, Ph.D. Ph.D.
• Oponent: Karel Malec, Ph.D.

Česká zemědělská univerzita v Praze

Provozně ekonomická fakulta

Bakalářský studijní program:
Business Administration