INTERNAL AUDIT OF THE BANKING SECTOR IN THE REPUBLIC OF MACEDONIA

Blazekovic, Marina and Nikolovski, Pece and Zdravkoski, Igor (2016) INTERNAL AUDIT OF THE BANKING SECTOR IN THE REPUBLIC OF MACEDONIA. In: IBANESS Conference Series, October, 28-30, 2016., Prilep, Macedonia.

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Abstract

In today's economic conditions, which are characterized by rapid development of information technology, growing competition and globalization, have changed and in the banking operations. Thus, numerous management actions become more complex. Considering these conditions, it should emphasize the need for adequate supervision activities in banks. The bank aimed to ensure more successful, continued growth and development, effective risk management and to protect the interests of capital, and for that, has a direct interest in the implementation of the internal audit. The essence of the existence of internal audit is to ensure the business process and protection of the capital of banks. Internal audit in the banks is an important sector that contributes to the security of banking operations and the safety of depositors and shareholders of the bank. Therefore, the study in this paper is the implementation of internal audit in the banks and the impact of the effective functioning of the internal audit on increasing the effectiveness of banking operations.
Keywords: banks, banking operations, internal audit

Item Type: Conference or Workshop Item (Paper)
Subjects: Scientific Fields (Frascati) > Social Sciences > Economics and Business
Divisions: Faculty of Economics
Depositing User: Mr Dimitar Risteski
Date Deposited: 19 Feb 2020 11:55
Last Modified: 19 Feb 2020 11:55
URI: https://eprints.uklo.edu.mk/id/eprint/3100

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