Issue №3, 2021

LOGIN      REGISTER

          

Digital technologies of the internal control system

 

DOI: 10.34130/2070-4992-2021-1-3-263

Full article  (in Russian Russian (Russia))

Babkina O. M. – PhD of Economics, Associate Professor of the Department of Audit and Internal Control, St. Petersburg State University of Economics, Saint-Petersburg, Russia, E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

The article considers the essence, goals, principles and the need to implement an internal control system at the enterprise. The main advantages of its digitalization are presented and the main stages for this are formulated. In the course of the conducted research, one of the most relevant goals of digitalization was achieved: minimizing costs and increasing the efficiency of the internal control system at enterprises. For this purpose, the author has developed an absolutely new model – the internal control system of a digital enterprise, the main focus of which is shifted from the human factor to digital systems and technologies, which significantly reduces and simplifies the work of the internal control system. The modeling method and general scientific methods are fundamental for this study. The unified digital space of the enterprise proposed by the author will allow users to receive objective, timely, up-to-date information quickly and on time. The influence of the human factor on the internal control system is reduced, which minimizes the possibility of errors and inaccuracies. A significant role in the internal control system of a digital enterprise is played by the digital technologies used in it. The scope of application of the research results are enterprises of various fields of activity that want to improve the efficiency of their activities. For the successful implementation of this model at such enterprises, its advantages over analogues are formulated, a classification of digital technologies is presented, which allows solving a number of tasks for the digitalization of accounting, audit and internal control. Based on the above, the internal control systems of a digital enterprise are not only a transformation and reorientation to the use of new digital information technologies, but mostly a rethinking and changing of the activities of the internal control service employees themselves. With the introduction and application of digital technologies, it is possible for internal controllers/auditors to devote more time to analytical and creative areas and aspects of the company's activities that require assessment and analysis. These are the directions of the author’s future research.

Keywords: internal control, digitalization, digital enterprise, internal control system, digital technologies.

References

1. Aksenova Zh. A., Ishchenko O. V., Saliy V. V. Problems of forming an internal control system at an enterprise using information technologies. Estestvenno-gumanitarny`e issledovaniya [Natural and Humanitarian Studies], 2020. No. 29(3), P. 31-37. (In Russian).
2. Babkina O. M. The main directions of digitalization of the internal control system at the enterprise. Buxgalterskij uchet, analiz i audit: istoriya, sovremennost` i perspektivy` razvitiya. Materialy` XV Mezhdunarodnoj nauchnoj konferencii [Accounting, analysis and audit: history, modernity and development prospects. Materials of the XV International Scientific Conference]. St. Petersburg, 2020. P. 200-205. (In Russian).
3. Rastegaeva F. S., Perezhogin I. S. Transformation of the internal control system of a commercial organization in the conditions of digitalization of the economy. Kreativnaya e`konomika [Creative economy]. 2020. Vol. 14. No. 6. P. 1091-1104. (In Russian).
4. Shikhverdiev A. P. Internal control and risk management in the corporate governance system. Korporativnoe upravlenie i innovacionnoe razvitie e`konomiki Severa: Vestnik Nauchno-issledovatel`skogo centra korporativnogo prava, upravleniya i venchurnogo investirovaniya Sy`kty`vkarskogo gosudarstvennogo universiteta [Corporate Governance and Innovative Development of the Economy of the North: Bulletin of the Research Center for Corporate Law, Management and Venture Investment of Syktyvkar State University]. 2012. No. 2. P. 20-27. (In Russian).
5. Decree of the President of the Russian Federation No. 203 of 09.05.2017 "O Strategii razvitiya informacionnogo obshhestva v Rossijskoj Federacii na 2017-2030 gody [On the Strategy for the development of the Information society in the Russian Federation for 2017-2030]". Access from SPS "ConsultantPlus" (In Russian).
6. Babkin A.V., Chistyakova O. V., Blazhenkova N. M., Petrova A.D. The influence of innovative factors on the development of entrepreneurship. Izvestiya Yugo-Zapadnogo gosudarstvennogo universiteta. Seriya: E`konomika. Sociologiya. Menedzhment [Proceedings of the Southwestern State University. Series: Economics. Sociology. Management]. 2018. Vol. 8, No. 4 (29). P. 27-38. (In Russian).
7. Dobrynin A. P., Chernykh K. Yu. Digital economy – various ways to effective application of technologies (BIM, PLM, CAD, IOT, Smart City, BIG DATA and others). International Journal of Open Information Technologies [International Journal of Open Information Technologies]. 2016. No. 1. P. 4-11. (In Russian).
8. Kleimenova L. What is industry 4.0 and what you need to know about it [Electronic resource]. Available at: https://trends.rbc.ru/trends/industry/5e740c5b9a79470c22dd13e7?from=newsfeed (Accessed: 15.09.2021). (In Russian).
9. Kupriyanovsky V. P., Sinyagov S. A., Lipatov S. I., Namiot D. E., Vorobyev A. O. Digital economy – "A smart way to work". International Journal of Open Information Technologies. 2016. No. 2. P. 26-33. (In Russian).
10. Urmantseva A. V. Digital economy: how experts understand this term". RIA Novosti [RIA News]. Available at: https://ria.ru/20170616/1496663946.html (Accessed: 15.09.2021). (In Russian).
11. Arnaboldi M., Busco C., Cuganesan S., 2017. Accounting, accountability, social media and big data: Revolution or hype? Accounting, Auditing & Accountability Journal, 30(4), P. 762–776.
12. Bhimani A., Willcocks L., 2014. Digitisation, «big data» and the transformation of accounting information. Accounting & Business Research, 44(4). P. 469–490.
13. Frey C. B., Osborne M. A., 2017. The future of employment: How susceptible are jobs to computerisation? Technological Forecasting and Social Change, 114. P. 254–280.
14. George G., Haas M., Pentland A., 2016. From the editors—Big data and management. Academy of Management Journal, 57. P. 321–326.
15. Möller K., 2020. Digitalization in management accounting and control: an editorial Journal of Management Control. Volume 31, P. 1–8.

For citation: Babkina O. M. Digital technologies of the internal control system // Corporate Governance and Innovative Economic Development of the North: Bulletin of the Research Center of Corporate Law, Management and Venture Investment of Syktyvkar State University. 2021. Vol. 1, issue 3. Р. 263–271. DOI: 10.34130/2070-4992-2021-1-3-263 (In Russian).