Authors:
Ruslan Dutchak
1
;
Olha Kondratiuk
1
;
Olena Rudenko
1
;
Andrii Shaikan
1
and
Rustem Adilchaev
2
Affiliations:
1
State University of Economics and Technology, Department of Accounting and Taxation, street Medical 16, Kryvyi Rih 50000, Ukraine
;
2
Karakalpak State University named after Berdakh, Department of Economics, Nukus 1, Ch. Abdirov street, Nukus, 230100, Uzbekistan
Keyword(s):
Internal Audit, Sustainable Development, Reliability, Risk of Dishonesty, Business-Partner, Semantic Search, Discretion of Choice.
Abstract:
This article is concerned with the study of the problem of dishonesty of business-partners in the sustainable development of enterprise and with the search of effective ways to solve it. The article reveals the essence of the concept of business partner’s reliability, specifies its connection with the sustainable development of enterprise, and shows the analysis of factors of the negative impact on such reliability. The main risks of violation of the business partners’ reliability were identified and an assessment of possible problems (damage) of enterprise due to interaction with a dishonest business partner was taken. It was grounded the applicability of the internal audit for the careful choice by top management of a reliable business partner’s enterprise. The internal audit method has been improved by additional involvement of modern systems of semantic search of information on a business-partner in the Internet, inclusive in the state registers and data bases, electronic mass me
dia, social networks and other sources. The basic requirements for the competencies of internal audit employees for a critical analysis of the risks of dishonesty of business partners and development of proposals to avoid or minimize the negative consequences of existing risks have been determined.
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