Importance In connection with the entry into force of the Federal Law "On microfinance activity and microfinance organizations", the range of financial investments of entities increased due to the emergence of micro-loans, i.e. cash loans, the amount of which cannot exceed 1,000,000 rubles. This form of investment provides organizations with additional possibilities to increase their working assets, but at the same time it is associated with financial, legal and information risks. Therefore, the provision of microfinance loans, their financing, earning due revenues and cost incurrence became relevant for internal control. Objectives I offer methodological assistance to money-lending organizations in the issues of integrated control over operations related to microfinance. The recommendations contained therein are based on the best practices of internal control services of a number of Russian companies operating in this segment of the financial market. Methods The paper provides the symbiosis of methods of dialectics, analysis, synthesis and generalization. The article describes two blocks of integrated control of microfinance operations: (1) monitoring the provision of microloans (observance of microfinance regulations, compliance with the limits of microloans, the specifics of interest accrual and commission charge on micro loans, compliance with the rules for microloans repayment, correct disclosure of information about issued microloans in financial statements); (2) control of attracted assets to finance microloans (compliance with restrictions on borrowings, implementing economic standards of capital adequacy and liquidity, correct disclosure of information on attracted funds in financial statements). Results The scope of application of the results is financial management of organizations. Conclusions and Relevance In the conditions of complicated and controversial legislation regulating microfinance activities, internal control can be a guarantor of compliance of all requirements to microfinance, as well as a tool to ensure accurate reporting information on microfinance activities of organizations.
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