Stock Investing Zone

The current control is carried out during the commission of economic and financial operations. Based on data from primary documents, operational and accounting, inventory and visual monitoring, current control allows you to adjust rapidly changing economic situation, prevent losses and damages. Follow-up covers the entire scope of economic and financial activities of the auditee organization. Follow-up, featuring in-depth study of the economic and financial activity for the period can reveal flaws prior and current control. Financial control carried out by various methods, which are defined as techniques and methods for its implementation. The use of a particular method depends on several factors: the legal status and activities of form features, exercising control on the object or purpose of monitoring the grounds of legal control, etc.

The following methods of financial control: surveillance, analysis of pcd, supervision, auditing, etc. Observation – general acquaintance with the state of the financial activities of the facility control. major issues of financial activity and is held in place using the balance sheet, report and account documents detecting violations of financial discipline and eliminate their consequences. A survey carried out in respect of individual aspects of financial activity and relies on a wider range of indicators that distinguishes it from verification. In a study using techniques such as polling and surveys. Results of the survey are typically used to assess the financial position of the object of control, the need to reorganize the production and etc. The analysis, as previous methods aimed at identifying violations of financial discipline. It is held on the basis of current or annual reporting and using different analytical techniques such as medium and relative values, group, index method, etc.

The primary method of financial control – audit, which is the most profound and complete examination of financial and economic activities of enterprises, organizations, agencies to test its legality, accuracy, expediency. Facility inspection distinguish audit documentaries, factual, complete (full) sample. Organizational basis, they can be routine (in the work plan of the body) and unplanned (appointed in connection with the receipt of signals, complaints and appeals of citizens to be checked), complex (conducted jointly with several regulatory bodies). Documentary audits include verification of various financial instruments. Based on their analysis can determine the legality and appropriateness of expenditure. During actual audit checks for cash, securities and valuables. Selective (partial) revision – checking financial activities only for a short period of time. The audit is based on Verification of primary documents, accounting records, accounting and statistical reporting, the actual availability of funds and inventory, audit findings are issued an act that has valid source of evidence in the investigative and judicial practices. Important place among methods of financial control is countable audit, which is a set of special methods of control of reliability of accounting reports and balance sheets. There are three main stages counting checks: checking the consistency of indicators of various forms of reporting, comparison of the individual reporting indicators records in the accounting registers, checking the validity of accounts according to primary documents.