Issue: № 3, 2025
Doi: https://doi.org/10.37634/efp.2025.3.13
Introduction. In the context of sustainable development, internal audit plays a critical role in ensuring effective business entity management. Modern conditions of globalization and increasing sustainability requirements compel a reassessment of traditional approaches to internal audit. It is no longer limited to evaluating financial statements but has evolved into a strategic management tool that provides a comprehensive analysis of environmental, social, and economic aspects of operations. The conceptual principles of internal audit in the context of sustainable development require new approaches that harmonize internal processes with global sustainability trends. This necessitates adapting internal audit to the new realities of globalization choices, integrating sustainable development into the organization's management system at all levels. The purpose of the paper is to explore the conceptual principles of internal audit in the context of sustainable development, analyze its role in ensuring environmental and social responsibility in business entities, and examine the impact of globalization processes on the formation of modern approaches to internal audit. Results. The paper investigates the conceptual principles of internal audit in the context of sustainable development, particularly its role in ensuring environmental, social, and managerial responsibility within business entities. The significance of integrating sustainable development principles into internal audit is highlighted, as it enables more effective monitoring of compliance with environmental standards, assessment of social risks, and sustainable resource management. The paper argues that internal audit in the context of sustainable development plays a key role in shaping corporate strategy aimed at achieving long-term sustainability and competitiveness in the global market. It is substantiated that the effectiveness of internal audit depends on its ability to adapt existing audit methodologies to the requirements of sustainable development, particularly through the integration of non-financial indicators. The paper also analyzes the impact of globalization processes on internal audit approaches and emphasizes the importance of ethical principles and regulatory requirements in shaping the strategy of sustainable internal audit. Conclusions. Internal audit in the context of sustainable development is a crucial tool for ensuring business entities compliance with sustainable development principles, including environmental, social, and managerial aspects. Further research may focus on developing new methodologies and tools for assessing non-financial risks in internal audit, particularly in the context of sustainable development. Attention should also be given to analyzing the effectiveness of sustainable internal audit in various economic sectors and developing adapted strategies for specific industries such as energy, finance, and manufacturing. Investigating the impact of changes in international regulatory requirements on the practice of sustainable internal audit is also relevant and necessary to ensure alignment with global trends.
Keywords : internal audit, sustainable development, environmental responsibility, social responsibility, managerial risks, globalization, international standards, non-financial indicators, ethical principles
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