VIDAUS KONTROLĖS SISTEMOS EFEKTYVUMO VERTINIMAS

Abstract

The objective of this study is to evaluate the effectiveness of a company's internal control system. Evaluating the
effectiveness of internal controls is essential for ensuring organizational transparency, reliability, and competitiveness.
Continuous review and improvement of internal control systems are critical for enabling organizations to remain
competitive and adapt to evolving business environments. An effective internal control system is founded on well-defined
procedures, rules, and policies that support financial accountability, effective risk management, and regulatory
compliance. The findings of the survey indicate that, while a majority of employees are familiar with the concept of
internal control, only a minority actively engage in its implementation. Although the company has established clear roles
and responsibilities, there is a notable gap in employees' understanding of risk management and accountability.
Furthermore, while technological advancements have enhanced operational efficiency, some employees experience
difficulties in accessing critical information. Regular assessments of the internal control system are conducted; however,
employees are often not adequately informed about the outcomes of these assessments or the corrective measures
implemented to address identified deficiencies. To improve the effectiveness of the internal control system, greater
attention should be given to risk management practices and the communication of assessment results to employees.