INSTITUTIONAL SIGNIFICANCE OF INTERNAL AUDIT SERVICE IN THE SYSTEM OF STATE FINANCIAL CONTROL

Abstract

This article examines the institutional significance of the internal audit service in the system of state financial control. In modern public finance management, internal audit is not limited to detecting financial violations; it also performs preventive, analytical and advisory functions aimed at improving budget discipline, transparency and accountability. The study focuses on the role of internal audit in strengthening financial governance, assessing risks, ensuring the efficient use of public resources and supporting managerial decision-making in public sector organizations. Special attention is given to the institutional relationship between internal audit, state financial control bodies and public administration structures. The article argues that the effectiveness of state financial control depends not only on external inspection mechanisms, but also on the development of internal audit as a permanent and systematic element of institutional control. In the context of ongoing reforms in Uzbekistan, the improvement of internal audit services can contribute to reducing financial risks, increasing the responsibility of budget organizations and enhancing the overall quality of public financial management.