impactability
compliance with expectations
2. In scientific and methodical literature sources are suggested to be used a lot of control procedures, having different titles, objects of investigation, aspects controlled, methods of necessary data collecting and processing. To be understandable the essential and content of each control procedure it is necessary not only to prepare list of titles of these procedures, but and clear description of its.
3. Respondents differently ranked list of control procedures not only according main criteria: impactability, efficiency and compliance with expectations of top-managers, but and according area of accounting, in which they have be used.
4. Most acceptable control procedures for various accounting areas are following: for fixed assets – data verification at the end of reporting period, for current assets – provision of stocktaking, for property – data verification at the end of reporting period, for liabilities – verification of responsibilities separation and for revenue and costs – data verification at the end of reporting period.
5. The algorithm, which creation was based on theoretical research, is suitable enough for search of one most acceptable control procedure, but its usage is complicated in case it is necessary to find out combination of most acceptable procedures.
6. In case of necessity of control procedures combination selection, it is advisable to use more precise methods for control procedures selection according its impactability. To reach this have be provided evaluation of abilities of control procedures to overcome main risk factors and improvement of tested algorithm.