E. S. Tsepilova, A. I. Malyshkin Internal Control in Russia and Ukraine: the Tax Aspect

Abstract: The paper presents a comparative analysis and clarifies such definitions as internal control and internal audit, internal tax control and state tax control. Also, it establishes the main elements and objectives of the internal tax control of a business entity. The analysis is carried out on the basis of Russian and Ukrainian legislation. The authors examine the foreign experience in legal regulation and internal auditing and control within the framework of economic activity of enterprises. The study conducts an analysis of the internal structures of enterprises whose competence includes conducting internal control and audit. The author suggests special indicators and forms for control analytic statements to be used to evaluate the effectiveness of control procedures by members of the tax internal control body. The findings of the research can be used both in theoretical works to substantiate the terminological apparatus for internal fiscal control as well as in practice of internal controllers (internal auditors). It is concluded that under current conditions the implementation of fiscal policy cannot be successful unless an effective system of internal fiscal control is available for the taxpayer.

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