MODERNIZATION OF THE CONTROL FUNCTION IN THE ORGANIZATION OF CREDIT AND FINANCIAL SPHERE
Abstract
The article describes the basic principles of modern modernization of internal control in credit and financial institutions of Russia. Regulatory requirements of the Bank of Russia and the recommendations of the Basel Committee to determine the need to improve internal audit in the face of increasing competition between the organizations and the instability of the financial market.
About the Author
Y. N. Yudenkov
Moscow State University
Russian Federation
Candidate of Economic Sciences, Associate Professor
Russian Federation
Candidate of Economic Sciences, Associate Professor
Review
For citations:
Yudenkov Y. MODERNIZATION OF THE CONTROL FUNCTION IN THE ORGANIZATION OF CREDIT AND FINANCIAL SPHERE. MIR (Modernization. Innovation. Research). 2012;3(4(12)):36-39. (In Russ.)
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