INTERNAL AUDIT: A GUARANTEE FOR A GOOD MANAGEMENT

SVOBODA TOSHEVA

Abstract
In the last several years the managers of numerous countries more and more heavily rely on the internal audit as an independent control function. The reason for this is related to the necessity to identify in time the risk factors in the business of an each company, to create sustainable internal business controls and to guarantee the management of the operational risk.
The increasing role of the internal audit is not accidental. It is imposed also by the capacity of the internal audit to make the risk visible and measure it both in quantitative and qualitative manner and later to manage it successfully.

Key words
internal audit, control functions, risk management

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