DEVELOPMENT OF INTERNAL AUDIT PLAN, PROGRAM IN BANKS AND ITS IMPROVEMENT ON THE BASIS OF INTERNATIONAL STANDARDS

Аннотация

This article describes the creation of an internal audit plan and program in commercial banks and its improvement based on international standards. In particular, taking into account that the internal audit system has been implemented in commercial banks in different ways, it is important to prepare optimal plans and programs for commercial banks based on interpretive research and requires deep research. Issues such as planning of internal audit activities, planning of audits of branches and Head Office activities, development of working programs during audits, and adaptation of plans and programs to international standards are covered. Keywords: internal audit plan; internal audit program; rating system; audit competition; materiality in the audit; residual risks; internal control system. РАЗРАБОТКА ПЛАНА, ПРОГРАММЫ ВНУТРЕННЕГО АУДИТА В БАНКАХ И ЕГО СОВЕРШЕНСТВОВАНИЕ НА ОСНОВЕ МЕЖДУНАРОДНЫХ СТАНДАРТОВ Аннотация. В данной статье описано создание плана и программы внутреннего аудита в коммерческих банках и его совершенствование на основе международных стандартов. В частности, учитывая, что система внутреннего аудита была реализована в коммерческих банках по-разному, подготовка оптимальных планов и программ для коммерческих банков важна на основе интерпретативных исследований и требует глубоких исследований. Освещены такие вопросы, как планирование деятельности внутреннего аудита, планирование проверок деятельности филиалов и головного офиса, разработка рабочих программ при проверках, адаптация планов и программ к международным стандартам. Ключевые слова: план внутреннего аудита; программа внутреннего аудита; фактор риска; план, основанный на рисках; стратегический план; оценка риска; управление рисками; система оценок; аудиторский конкурс; существенность в аудите; остаточные риски; система внутреннего контроля. Today, in the process of consistent development of our country, the economic and social contribution of banks to the development of the country is high. Banks face difficulties, risks and shortcomings in the process of achieving their goals and protecting the interests of shareholders. Of course, it would not be a mistake to say that the great responsibility of revealing the true map of the bank's activity is assigned to the internal audit organized in banks. In order for the internal audit to fulfill its tasks fully and qualitatively, it is necessary to carefully develop its plans and programs, to meet the requirements of international standards at the time of globalization. The main problem facing all internal auditors is the efficient allocation of limited resources, that is, how to choose the direction of the audit. for this, it is necessary to assess the risks at the scope of the audit. 1 0 International scientific journal ISSN: 2181-3906 «MODERN SCIENCE АND RESEARCH» 2024 VOLUME 3 / ISSUE 6 / UIF:8.2 / MODERNSCIENCE.UZ The purpose of the risk-based plan is to examine the major risks that may arise in the bank's achievement of its objectives. A strategic and annual audit plan should be developed in the process of prioritizing the audit focus. The entire scope of work of the audit direction is called audit scope. A decision must be made taking into account the risk level for each audit scope feature and other factors affecting the priority level. Strategic and annual plans are important documents presented to management. The strategic plan provides options for conducting internal audit work and defining the advantages that arise during the audit process. It is a showcase of what internal audit can do for management. A strategic and annual plan should be well-structured, well-articulated, and provide management with a solid rationale for evaluating the merits of particular areas. A formal documented audit plan serves to achieve the following goals: • facilitates analysis and helps the Chairman of the Board to prioritize audit areas; • Provides the internal audit service with an effective methodology that achieves planning and understanding of the audit approach to the analysis of risks faced in the field of activity of the audited bank; • eases the next audit planning process; • assists in explaining, documenting and justifying changes to the annual plan. In the process of drawing up the annual strategic plan of audits, the internal audit methodology in the bank should be based on the principle of risk assessment. Thus, the Internal Audit Service should focus on the following audited banking activities: - there are more internal (inherent) risks (in terms of activity); - exposed to higher risks (due to low-quality control system). Bank activity is always subject to various changes: new types of services appear, disruptions occur in the bank's corporate structure, bank management issues new orders, new banking technologies appear, the Central Bank publishes new regulatory documents. All these factors should be taken into account in the strategic plan of annual audits. When creating an internal audit