SISTEM INTERNIH KONTROLA U SPREČAVANJU PRANJA NOVCA I DRUGIH OBLIKA PREVARA/ INTERNAL CONTROLS IN THE PREVENTION OF MONEY LAUNDERING AND OTHER FORMS OF FRAUD

Abstract

In the present conditions of strong market competition it is very important for all organizations to have original approach in building their own system of internal controls that will help them to increase their chances of business success through successful risk management and internal control. In order to increase security of business, some organizations have to built a parallel line of risk management. This has been shown as very bad unique form of leadership and decision-making. Therefore, we often say: assessment and management of individual risks is the responsibility of everyone in the organization. Effective risk management and internal controls, if it is properly implemented as an integral part of organizational management is cheaper and requires less effort than deal with the consequences of the damage incurred. In all of this it is the big role of professional accountants who can contribute to a better understanding of individual risk by those who manage the organization, as well as linking performance indicators to certain risks in the environment, can greatly facilitate on management decisions. Evaluation and improvement of risk management and internal controls are among the main tasks of professional accountants. In conducting the performance audit of the organization one of the most important methods of auditors is rating the success of internal control. Better assessment of internal control reduces the workload of auditors and reduces all types of audit risk and primarily the risk of non-disclosure certain errors, irregularities and fraud.