乌克兰内部稽核与内部控制的研究外文翻译.docVIP

外文翻译 Ukraine internal audit and internal control study Material Source:Documents Reports -- 1 Author:IFC 1. the Integrated Internal control framework During recent years there has been an increased awareness internationally on the importance of internal control as a key component in the management of risks. It is now widely acknowledged that a sound system of internal control contributes to safeguarding the shareholders investment and the companys assets. Internal control also facilitates the efectiveness and eiciency of operations, helps ensure the reliability of internal and external reporting, and assists in compliance with laws and regulations. The system of internal control is an integral component of an integrated risk management and corporate governance framework. This increased awareness has led to a growing body of internationally accepted principles and guidance regarding internal control.key among these include:In the U.S., the Integrated Internal Control Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission (COSO); In the Uk, the Turnbull Internal Control Guidance ; In the EU, the Statement of the European Corporate Governance Forum on Risk Management and Internal Control; and For the banking sector, Framework for Internal Control Systems in Banking Organizations issued by the Basel Committee on Banking Supervision. 2. Emerging legal/regulatory requIrements To a large degree, the abuses in inancial management and reporting that occurred worldwide in 2000 and 2001 resulted in strengthening the legal and regulatory base that required Boards of Directors and management to establish sound systems of internal control, monitor their compliance, and publicly report their opinion on the adequacy of the companies!ˉ internal control systems and/or any deiciencies in such systems.Examples of such legal and regulatory developments include: The Sarbanes-Oxley Act (SOXs) in the US (2002),The Combined Code of C