Summary 

The financial control of the public control is a special place. This place is primarily determined by the control unit of the state finances, which includes the state budget and the fields of application, as well as the elements of the unity of the country's national wealth management-related activities and usually includes natural resources, production, distribution, consumption areas and subjects of industrial and financial activities.

PIFC strengthen is a key component of public sector management reform that helps the government to establish a modern public administration in control of the environment, to provide reasonable assurance that all operations comply with good management, productivity, transparency, efficiency and principles of economy and regulations, and Internal Audit is a tool in the hands of authorities- a weapon which can be achieved by the above figures.

Unlike external audit, internal audit activity is a relatively new profession for Georgia, as well as for the whole world. Therefore, it is not surprising that this profession is constantly changing and improving.  It should be noted that the characteristic feature of the internal audit is unique in every institution and depends on the environment created in the institution, so in order to conduct internal audit it is necessary to study and understand the institution's culture, policy and "business processes". Modern internal auditors are looking into systems, monitor the effectiveness – to achieve the greatest results from the resources used efficiency, effectiveness – when implementing the auditee^,s activities quality of achievement of the objectives of audite considering the actual activities and the expected results make recommendations if needs. Internal auditors will also study the risks associated with financial, operational, strategic and their compliance to ensure the instrument control system sustainability. They evaluate and define what can be improved. The main function of internal auditors is to assist in management to achieve the objectives of the institution. The purpose of the internal audit, is to provide public institution management software with reasonable assurance regarding the budget and the resources will be used effectively and economically, the financial statements will be complete, reliable and comprehensive, the operations in compliance with regulations and rules, assets, information and other resources will be protected from loss, improper use and harm, and, also, to study, to analyze and evaluate the control system faults and failings in order to minimize human error probability. In accordance with the International Institute of Internal Auditors (IIA), "Internal Audit is an independent, objective and advisory activity that creates additional value and improves the functioning of the institution. It helps the institution in achieving goals, using systemic, organized approach to assess and improve the autonomous processes of risk management, control and management ». The main objectives of the internal audit subject are through assessment of systemic, complex study and risk management, control and management processes, improvement of the institution's activities improving financial management, expenditure and use of funds, other material values ​​and enhancement of legality, purpose protection and effectiveness promotion, elimination and prevention of the functionality of the institution's functioning and management procedures, legal, technical and functional deficiencies.

The internal audit should be carried out in accordance with the audit standards, the Code of Ethics of Internal Auditors and the following principles: A) independence; B) objectivity; C) professionalism; D) publicity; E) transparency; F) legality. The authority of the internal audit subject shall apply to the institution and / or on the structural subdivision of the institution (unit) and / or the unit subject to the institution.

The internal audit entity is entitled to publish an internal audit report, report and / or report in the official printing press in agreement with the Head of the Institution and the Head of the Center. The head of the institution is responsible for the adequate and effective financial management and control system, as well as the implementation and operation of a risk management system. Within the scope of its competence, the subject of study and analysis by the internal audit entity can be all processes and activities of the institution system. The Internal Audit Officers are obliged to cooperate with the internal auditors during their activities and ensure availability and / or action of all information and documents related to the issue assigned to their competence. State Financial Control in the field of internal audit units cooperate with the Chamber of Control and in order to ensure their competence, "the Chamber of Control" of the law of the audited CCG coordinate relations with the Chamber and request appropriate information provided. Internal audit shall be carried out by the requirements of the law "On Internal Audit and Inspection" and the Head of Internal Audit Subjects based on the Internal Audit Order issued under this Law.

There should be a facilitating environment, institution management, internal auditors and "harmonization center" and methodological guidelines developed by "Accounting and Reporting and Audit Surveillance Service". With the coordinated work, initiative and with the help of the relevant parties, it will be possible to solve timely and painless problems. The time is required to realize the most important and positive role of internal audit services is that the well-functioning internal audit unit is an independent, objective, impartial structure within the organization that will help the institution to achieve the goals set by regular review and risk evaluation. The above statement confirms that the audit service is considered one of the most prestigious and most important activities in the world, as it is one of the most important factors in improving the economic life of the country in terms of market economy.