Development of a methodological tool for internal control to increase the efficiency of use of fixed assets

¹ Kazan State Agrarian University, 65, Karl Marx str., 420015, Kazan, Russia
² Saint-Petersburg State Economic University, 21, Sadovaya str., 191023, St. Petersburg, Russia
³ Vyatka State Agrotechnological University, 133, October Avenue, 610017, Kirov, Russia

^* Corresponding author: zakirovaar@mail.ru

Abstract

The basis of the material and technical base of the operation of enterprises are fixed assets. Therefore, the effective organization of accounting and internal control of operations with fixed assets is one of the important tasks facing the management of any enterprise. The purpose of the article consists in development of methodical toolkit of internal control for increase in efficiency of use of the fixed assets. For the development of theoretical bases the article develops the conceptual model of internal control of operations with the fixed assets, which is a logically interconnected system including basic elements of internal control such as purpose, objectives, functions, object, subject, tools, sources of information, regulatory framework, evidence collection, execution of audit results and development of recommendations. In order to improve methodological support, the working papers of internal control were developed in the article. The proposed working documents can be used to identify critical areas of accounting with a high level of risk and determine the means of control necessary to conduct control procedures; to assess the organization and functioning of internal control, the effectiveness of employees responsible for the safety of fixed assets; formation of the information base for management decisions; assessment of risks associated with the acquisition and use of fixed assets.