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2015 (published: 02.12.2015)
Number 4(23)
Home > Issue > Effective management of the internal control as the basis for secure information
support of the organization
Makarchenko M.A., Nerkararyan S.A.
Continuous development of the information environment of the organization, its extension and the variety of factors affecting its efficiency is increasing every day. Secure information support is a key factor in terms of serviceable and effective functioning. In large organizations, security of the information environment is one of the most capital-cost items, and this leads to the increased interest in this area. This article outlines the effective management of the internal control of the organization, as far as it is a fundamental of the security of information support of the organization. The article is devoted to evaluation of the effect of continuous monitoring, as a modern internal controlling mechanism, on the internal control of the organizational environment. The study raises the actual problems for the business such as - efficiency increase of the internal control of the organization; as well as considering the optimization of controlling procedures in terms of operational efficiency and distribution of resources in information systems. The study provides practical knowledge about the functioning of the internal control and its mechanisms, in particular uninterrupted monitoring systems. In this article the proposed approach to the evaluation of the effectiveness of continuous monitoring, is applicable to the assessment of the feasibility of implementing continuous monitoring systems in the organization, and can also be recommended to assess the operational and economic efficiency of the internal control of the organization.
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Keywords: information support, control, efficiency, continuous monitoring, internal control, the reliability of financial reporting, risks, databases.
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License
UDC 334
Effective management of the internal control as the basis for secure information
support of the organization
Continuous development of the information environment of the organization, its extension and the variety of factors affecting its efficiency is increasing every day. Secure information support is a key factor in terms of serviceable and effective functioning. In large organizations, security of the information environment is one of the most capital-cost items, and this leads to the increased interest in this area. This article outlines the effective management of the internal control of the organization, as far as it is a fundamental of the security of information support of the organization. The article is devoted to evaluation of the effect of continuous monitoring, as a modern internal controlling mechanism, on the internal control of the organizational environment. The study raises the actual problems for the business such as - efficiency increase of the internal control of the organization; as well as considering the optimization of controlling procedures in terms of operational efficiency and distribution of resources in information systems. The study provides practical knowledge about the functioning of the internal control and its mechanisms, in particular uninterrupted monitoring systems. In this article the proposed approach to the evaluation of the effectiveness of continuous monitoring, is applicable to the assessment of the feasibility of implementing continuous monitoring systems in the organization, and can also be recommended to assess the operational and economic efficiency of the internal control of the organization.
Read the full article
Keywords: information support, control, efficiency, continuous monitoring, internal control, the reliability of financial reporting, risks, databases.