THE INTERNAL AUDIT AND CONTROL ROLE IN PUBLIC ADMINISTRATION REFORM OF UKRAINE

Abstract

Abstract. Currently, the Ukraine’s economy depends of the financing by international organizations. To involve all tools that will contribute to shortening the time frame for implementing reforms in public administration is important in today's conditions of speeding up the implementation of international partners recommendations. The components of the development of good governance are effective system of public administration, a modern system of local governance, change the approach to public finance management and e-governance enhancing the efficiency and quality of public services. Internal control and internal audit are an important tools for building an effective public administration system to ensure the sustainable development of society. They were formed by budgetary institutions as part of the state financial management system’s reform by introducing public internal financial control, which includes these forms of control. The purpose of the article is to establish of internal control and internal audit role in the reform of public administration through the prism of researching their relationship and ways to improve the efficiency of their functioning in order to introduce good governance. The authors considered the concept of internal control. The basis of the internal control system is a risk-oriented approach, which involves conducting an ongoing analysis of the organization’ s activities in all directions and, on the basis of risk assessment, choosing methods of responding to identified risks is stated in this article. The elements of the internal control system are presented and described. The definition of internal audit and analyzes its role in the introduction of public administration reforms in Ukraine presents by authors team. The internal audit system contributes to increasing the effectiveness of the good governance reform implementation was established.