Subject. This article examines the particularities of internal control over the process of calculating key performance indicators in large business organizations where executive compensation is subject to government regulation. Objectives. The article aims to develop an internal control mechanism to minimize the risks of unjustified inflation of key performance indicators. Methods. For the study, we used analytical, logical, and computational methods. Results. The article proposes an author-developed integrated indicator and the procedure for its calculation. The use of this indicator can help the owners of the organization, the Board of Directors (audit committee) of the economic entity determine the risk of unjustified overstatement of key performance indicators. Conclusions and Relevance. The article confirms the possibility of implementing the developed methodology for calculating the integrated indicator in the activities of economic entities, whose scale and nature of operations imply a separation of the roles of owner and manager, to reduce the impact of asymmetric information and minimize the risks of using creative accounting methods to adjust financial indicators for the purpose of calculating key performance indicators and justifying bonus payments to the organization's management. The proposed internal control mechanism can be used by business owners as an additional indicator of the accuracy of financial information used to calculate key performance indicators of the results of hired management.
Kolchugin S.V. [The structure of accounting theory. Part 1]. Mezhdunarodnyi bukhgalterskii uchet, 2023, vol. 26, iss. 5, pp. 540–562. (In Russ.) DOI: 10.24891/ia.26.5.540 EDN: PJEKDA
Kolchugin S.V. [The structure of accounting theory. Part 2]. Mezhdunarodnyi bukhgalterskii uchet, 2023, vol. 26, iss. 6, pp. 596–619. (In Russ.) DOI: 10.24891/ia.26.6.596 EDN: SZXRHH
Griffiths I. Creative Accounting: How to Make Your Profits What You Want Them to Be. London, Sidgwick & Jackson Limited, 1986, 208 p. URL: Link
Jones M.J. (Ed.) et al. Creative Accounting, Fraud and International Accounting Scandals. London, John Wiley & Sons Ltd., 2011, 578 p. URL: Link
Ustinova Ya.I. [Creative accounting: The concept, background, motives, and the techniques applied: A review of literature]. Mezhdunarodnyi bukhgalterskii uchet, 2018, vol. 21, iss. 4, pp. 388–412. (In Russ.) DOI: 10.24891/ia.21.4.388 EDN: YVJVED
Bogataya I.N., Kovaleva V.I. [Investigation of the specifics of the sales business process in commercial organizations and the main trends in the development of its internal control and audit]. Vestnik Evraziiskoi nauki, 2021, vol. 13, no. 2, 16 p. (In Russ.) URL: Link EDN: DLFJHQ
Alekseenko A.Yu., Safonova M.F. [The use of digital tools to reduce the impact of asymmetric information on risk management and ensure economic security]. Regional’naya ekonomika: teoriya i praktika, 2025, vol. 23, iss. 6, pp. 112–126. (In Russ.) DOI: 10.24891/btikfs EDN: BTIKFS
Akerlof G.A. The Market for "Lemons": Quality Uncertainty and the Market Mechanism. The Quarterly Journal of Economics, 1970, vol. 84, no. 3, pp. 488–500. URL: Link
Kahneman D., Tversky A. Prospect Theory: An Analysis of Decision under Risk. Econometrica, 1979, vol. 47, no. 2, pp. 263–292. URL: Link
Serebryakova T.Yu. Riski organizatsii i vnutrennii ekonomicheskii kontrol': monografiya [Organization risks and internal economic control: a monograph]. Moscow, INFRA-M Publ., 2016, 111 p. EDN: VLLUUL
Safonova M.F. [Choosing an internal control model for agrarian organizations to ensure economic security]. Mezhdunarodnyi bukhgalterskii uchet, 2023, vol. 26, iss. 3, pp. 293–312. (In Russ.) DOI: 10.24891/ia.26.3.293 EDN: IVHFHM
Serebryakova T.Yu. [Management analysis as part of the internal control environment]. Mezhdunarodnyi bukhgalterskii uchet, 2020, vol. 23, iss. 6, pp. 627–642. (In Russ.) DOI: 10.24891/ia.23.6.627 EDN: ETVKOW
Klychova G.S., Zakirova A.R., Klychova A.S., Gimadiev I.M. [Developing a methodology of internal control of settlement transactions]. Mezhdunarodnyi bukhgalterskii uchet, 2021, vol. 24, iss. 1, pp. 94–114. (In Russ.) DOI: 10.24891/ia.24.1.94 EDN: XIQQVL
Klychova G.S., Zakirova A.R., Klychova A.S., Gimadiev I.M. [Developing a methodology of internal control of settlement transactions (The end of article)]. Mezhdunarodnyi bukhgalterskii uchet, 2021, vol. 24, iss. 2, pp. 186–205. (In Russ.) DOI: 10.24891/ia.24.2.186 EDN: GGDQED
Sungatullina L.B., Sungatullin M.B. [Assessment of financial stability taking into account the industry-specific characteristics of an organization's activities: developing methodological aspects]. Mezhdunarodnyi bukhgalterskii uchet, 2026, vol. 29, iss. 1, pp. 102–118. (In Russ.) DOI: 10.24891/gzwwnj EDN: GZWWNJ
