The role of internal audit in improving the effective operation in insurance companies

Glavni cilj ovog diplomskog rada bio je elaborirati pojmove interne revizije, kako se ona provodi i na koji način funkcionira u pojedinoj organizaciji, te pojam društva za osiguranje i specifičnosti poslovanja društava za osiguranje u odnosu na ostale financijske institucije. Svrha provedenog istraživanja jest prikazati na koji način interna revizija pridonosi poboljšanju poslovanja društva za osiguranje. Prikazan je način njena ustroja i organizacije u društvu za osiguranje, te je praćen je proces provedbe interne revizije kroz svih pet njenih faza. Zaključak istraživanja jest da je interna revizija, kao organizacijska funkcija koja nadzorom obuhvaća cjelokupno poslovanje, vrijedan instrument i sredstvo poboljšanja svakodnevnog poslovanja društva za osiguranje.The main objective of the thesis was to elaborate the terms of internal audit, how it is implemented and how it works in a particular organization, and the term of the insurance company together with the specifics of the business of insurance companies compared to other financial institutions. The objective of the research is to show how the internal audit contributes to improving the effective operation of insurance companies. The thesis shows how the internal audit is implemented in the insurance company, including the whole process of the internal audit throughout all five of its stages. The conclusion of the research is that the internal audit, as organizational function which includes supervision over the entire business, is a valuable instrument and a tool of improving the daily operations of an insurance company