INTERNAL AUDIT’S REGULATORY AND LEGAL FRAMEWORK IN PUBLIC ADMINISTRATION BY THE STATE EMERGENCY SERVICE OF UKRAINE’S SYSTEM

Abstract

In the modern special conditions (conditions of martial law) of the national economy’s functioning, which is financially supported at the expense of international organizations and funds, an internal audit of the use of financial resources provided by international donors is relevant. In order to properly conduct such audit, to understand the domestic regulatory and legal framework of internal audit is important. To define the concept of internal audit, analysis of regulatory and legal framework of internal audit in public administration from state to local level for the improvement of internal processes and the internal control’s system of the State Emergency Service of Ukraine’s organizations, which are the objects of the audit, are the purpose of this article. The author researched the internal audit’s concept and graphically displayed the definition of this concept in regulatory and legal framework of the state and local levels, their relationship. The correspondence of the interpretation of internal audit in the system of the State emergency service of Ukraine for state level regulatory acts and international practice is established. The internal audit’s concept does not have a purely financial meaning and aimed at improving the public administration system along with solving financial issues, which consist in the legal, effective, intended and efficient use of budget funds, are states in the article. That is, internal audit is a component of an effective public administration’s system of a state body, budget institution, organization, etc. The improvement of internal processes and the internal control’s system of the State Emergency Service of Ukraine’s organizations, which are the objects of the audit, based on the analysis of the legal framework that regulates internal audit activities in the public sector, to distinguish two levels of regulatory and legal framework of internal audit in public administration (state and local) is proposed. At the same time, internal acts for internal audit in the State Emergency Service of Ukraine’s system are the legal basis for such activities at the local level. The chronology of the development of the domestic legal base from the introduction of internal audit as a component of the public internal financial control’s system to improve the activities of public sector bodies and raise the level of public administration culture has researched by the author. Attention is focused on the formation of domestic regulatory and legal framework in the field of internal audit in the public sector on the basis of international standards of the International Organization of Supreme Audit Institutions (INTOSAI) and International Standards for the Professional Practice of Internal Auditing of the Institute of Internal auditors (IIA).