Vidaus kontrolės sistema ir jos vertinimas finansų įstaigose /

This paper examines the management aspects of the internal control system in financial institutions. In the first chapter, an analysis of different sources was carried out in order to evaluate the views of different authors on the meaning and state of the internal control system in the modern financial field. Rapidly changing economic and market conditions pose challenges to the effective management of financial institutions. The importance of accountability and transparency is becoming more obvious. Managers and employees are forced to take responsibility for the results achieved and the implementation of goals. The internal control system is an essential factor in risk management, but its effectiveness depends on continuous market monitoring and trend analysis. Various research and analysis processes lead to important decisions regarding the future activities of the organization. Also, with document analysis method, research objectives are foreseen, which aim to find out how this system is practically applied in banks of Lithuanian capital, and what role it plays in the organization's activities. During the research, the financial indicators of banks with Lithuanian capital, which are closely related to the effectiveness of internal control, were analyzed and compared by means of horizontal analysis. Sustainability policy documents, procedures, audit reports and other important documents are also reviewed. The results of the study revealed that financial institutions pay more and more attention to the development and improvement of internal control systems. However, the study also revealed some weaknesses in the implementation of the effectiveness of the internal control system.

Grantor dc:publisher

Institutional Repository of Vilnius University

Year dc:date

2024

Author dc:creator

• Cirkelytė, Kornelija,

Statement dc:rights

• info:eu-repo/semantics/openAccess

Language dc:language

lit

Repository record dc:identifier

https://repository.vu.lt/VU:ELABAETD210581191&prefLang=en_US

OAI identifier oai:identifier

oai:vu.lt:elaba:210581191