ASSERTIONS ON VALUE-ADDED INTO THE PUBLIC SECTOR ENTITIES IN TERMS OF INTERNAL AUDIT

The analysis of current economic situation emphasizes the diminution of internal production with negative effects on wages, on maintaining the number of jobs, profitability of private sector entities, taxes and implicitly value-added created in economy. Therefore, the public entities face the discrepancy between the public revenues and public expenses, with negative consequences on the capacity to answer the demands of the public. Thus, between the entity and the public there comes the internal audit, which by value-added to the entity assures that the entity acts for achieving its objectives. By this fundamental research we explain the concept of value-added in terms of pluridisciplinarity and internal audit in national and international view, we identify and analyze the value-added by the internal audit into the public sector entities in terms of methods of quantifying it. By this research we want to mark off the contribution of internal audit into the public sector entities through its role of value generator.