INTERNAL CONTROL ORGANIZATION IN THE FRAMEWORK OF PROCESS APPROACH TO MANAGEMENT. CASE STUDY: SUEK-KUZBASS
Internal control acquires growing significance in the context of modification of development in the fuel-and-energy industry in the Russian Federation. It is shown how the internal control is interconnected with the process approach to management. The scope of the description also encompasses the current and future trends in the coal industry of Russia. The article presents the internal control standards in accordance with the Russian and foreign legislation, and gives examples of internal control organization for the procedures of Purchasing, Repair and Maintenance, and Production Supply with Merchandise and Inventories. In the capacity of internal control tool, SUEK-Kuzbass uses the checking procedure matrix where the internal control system is based on the process approach to management.