Particularitățile testării controlului intern în cadrul auditului imobilizărilor corporale

Abstract

Tangible assets represent assets that are held by a company to be used for more than one year in order to obtain economic benefits. The tangible assets are the core assets of many economic entities. At the same time, these assets can be points of vulnerability in companies' financial reporting, having a significant impact on balance sheets and financial performance. Therefore, the entities need to apply effective procedures to avoid these risks. An effective internal control system contributes to maintain the value of fixed assets, to comply with legal regulations and to make reasonable economic decisions. The importance of this topic is highlighted by the direct impact that the value of property, plant and equipment can have to the integrity and reliability of the information presented in a company's financial statements. The correct valuation of property, plant and equipment is essential for an accurate reflection of the company's total value. The purpose of this article is to analyze the role of internal controls in the management of tangible assets, highlighting their impact in the company's real situation. CZU: 657.6:657.421.1(478); JEL: M42