Internal Audit of the Business Partner’s Reliability for Sustainable Development of the Enterprise

Ruslan Dutchak, Olha Kondratiuk, Olena Rudenko, Andrii Shaikan, Rustem Adilchaev

2022

Abstract

This article is concerned with the study of the problem of dishonesty of business-partners in the sustainable development of enterprise and with the search of effective ways to solve it. The article reveals the essence of the concept of business partner’s reliability, specifies its connection with the sustainable development of enterprise, and shows the analysis of factors of the negative impact on such reliability. The main risks of violation of the business partners’ reliability were identified and an assessment of possible problems (damage) of enterprise due to interaction with a dishonest business partner was taken. It was grounded the applicability of the internal audit for the careful choice by top management of a reliable business partner’s enterprise. The internal audit method has been improved by additional involvement of modern systems of semantic search of information on a business-partner in the Internet, inclusive in the state registers and data bases, electronic mass media, social networks and other sources. The basic requirements for the competencies of internal audit employees for a critical analysis of the risks of dishonesty of business partners and development of proposals to avoid or minimize the negative consequences of existing risks have been determined.

Paper Citation

in Harvard Style

Dutchak R., Kondratiuk O., Rudenko O., Shaikan A. and Adilchaev R. (2022). Internal Audit of the Business Partner’s Reliability for Sustainable Development of the Enterprise. In Proceedings of the 5th International Scientific Congress Society of Ambient Intelligence - Volume 1: ISC SAI, ISBN 978-989-758-600-2, pages 155-166. DOI: 10.5220/0011346200003350

in Bibtex Style

@conference{isc sai22,
author={Ruslan Dutchak and Olha Kondratiuk and Olena Rudenko and Andrii Shaikan and Rustem Adilchaev},
title={Internal Audit of the Business Partner’s Reliability for Sustainable Development of the Enterprise},
booktitle={Proceedings of the 5th International Scientific Congress Society of Ambient Intelligence - Volume 1: ISC SAI,},
year={2022},
pages={155-166},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0011346200003350},
isbn={978-989-758-600-2},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 5th International Scientific Congress Society of Ambient Intelligence - Volume 1: ISC SAI,
TI - Internal Audit of the Business Partner’s Reliability for Sustainable Development of the Enterprise
SN - 978-989-758-600-2
AU - Dutchak R.
AU - Kondratiuk O.
AU - Rudenko O.
AU - Shaikan A.
AU - Adilchaev R.
PY - 2022
SP - 155
EP - 166
DO - 10.5220/0011346200003350