THE SUBSTITUTED AUDIT OR ALTERNATIVE CONTROL

Iulia CAPRIAN Universitatea de Stat din Moldova

Abstract

The necessity of control is determined largely by actors such as policyholders, shareholders, employees, state institutions, business partners and investors, who need knowledge of the phenomenon and protection of their interests. The necessity of control for sure is obvious: Someone should check how and what is happening with funds subscribed to protect against risks generating property damage, injury or financial loss. It is also normal that authority watch and control whether the insured rights were respected and they were sated by indemnity compensation paid by the insurer. Protecting company objectives and resources invested in insurance company by a shareholder can not be achieved only through close monitoring, thorough and well organized scale activities. It is much easier to prevent financial losses arising from errors and fraud than to appear as a fait fulfilled. Keywords: insurance, control, audit,expertise, revision, inspection, intern control, intern audit, object of control, objective audite, planification, insured, insurers, insurance company.