THE ROLE OF ACCOUNTING AND INTERNAL CONTROL IN THE ENTERPRISE MANAGEMENT SYSTEM

Abstract

For the development of international economic relations in Georgia, the role of accounting as the language of business is great, which requires compliance of accounting and reporting with the norms and rules recognized by the international practice of accounting. Because of this, a national accounting-reporting model was created in our country, for which the main normative documents of accounting regulation, the Law of Entrepreneurs and others were developed and put into effect. In enterprises, when the economic activity increases, it becomes necessary to create an internal control system for the protection of the current accounting and reporting legislation. In order for the internal control system to be fully involved in the management of enterprises, the main element of which is the internal audit, its goals must be realized, awareness raising, which is the goal of the abovementioned paper. Internal audit - this is the internal control of the enterprise, which is organized as a separate service in the enterprise, and their main task is to help accounting workers to perform their duties as efficiently and effectively as possible. Because of this, it is the duty of the internal auditors to check the accuracy of accounting information and to make recommendations for their improvement, thus they contribute to raising the quality of accounting and reporting in the enterprise. Keywords: accounting, financial reporting, internal control, internal audit.