Accounting and Analytical Support of Audit at Logistics Enterprises as an Effective Method of Risks Prevention

Svitlana Honcharuk and Bohdana Senyshyn
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Svitlana Honcharuk: Ivan Franko National University of Lviv, Lviv, Ukraine
Bohdana Senyshyn: Ivan Franko National University of Lviv, Lviv, Ukraine

Oblik i finansi, 2022, issue 3, 5-11

Abstract: In any commercial activity, there is always a risk of loss. And logistics, of course, is no exception, regardless of whether it is one of the stages of the company's commercial activity or a separate business. Management of potential risks is as important for a logistics enterprise as the ability to ensure the process of transporting goods. At the same time, risk minimization allows you to significantly reduce transportation costs, avoiding unforeseen downtime and fines for non-fulfilment of delivery conditions. Among management procedures, the audit is one of the effective risk prevention methods. The article aims to reveal the features of the accounting and analytical support of the audit as an effective method of risk management. Ukraine's logistics market was analyzed, and it determined that out of 160 countries of the world, Ukraine ranks 66th according to the logistics efficiency index. The main risks in the field of activity of logistics enterprises are highlighted. Emphasis is placed on the practicality of using internal and external audits as an effective method of identifying risks. It was revealed that the basis of the audit is the presence of an appropriate accounting and analytical support system, which provides the auditor with the necessary information about the business entity. Accounting and analytical support consists of accounting, analytical and legislative and regulatory components. The risk audit of logistics enterprises can be external or internal. Accounting and analytical support is formed at all stages of the audit. Thus, the audit is an effective tool that will allow a company to identify risk, assess its degree and possible losses, choose risk management methods and measures, make the right management decisions, and control its elimination.

Keywords: audit; logistics sphere; accounting and analytical support; risks of logistics activity; audit procedures (search for similar items in EconPapers)
JEL-codes: L91 L92 (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:iaf:journl:y:2022:i:3:p:5-11

DOI: 10.33146/2307-9878-2022-3(97)-5-11

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