POSSIBILITY OF APPLYING CONTEMPORARY ANALYTICAL METHODS IN AUDITING PROCUREMENTS OF AGRICULTURAL COMPANIES

Milan Mihajlovic; Marko Špiler; Jelena Avakumović; Svetlana Tasić; Dejan Vukosavljević; Snežana Krstić

doi:10.5937/ekoPolj2101191M

Authors

Milan Mihajlovic Military Academy, University of Defence, Belgrade http://orcid.org/0000-0001-7949-2631
Marko Špiler Faculty of Management, Union – Nikola Tesla University, Sremski Karlovci http://orcid.org/0000-0001-6319-2597
Jelena Avakumović Faculty of Management, Union – Nikola Tesla University, Sremski Karlovci http://orcid.org/0000-0002-7856-8064
Svetlana Tasić Faculty of Management, Union – Nikola Tesla University, Sremski Karlovci http://orcid.org/0000-0003-3049-6396
Dejan Vukosavljević Faculty of Management, Union – Nikola Tesla University, Sremski Karlovci http://orcid.org/0000-0001-7475-2764
Snežana Krstić Military Academy, University of Defence, Belgrade http://orcid.org/0000-0001-6666-6401

DOI:

https://doi.org/10.5937/ekoPolj2101191M

Keywords:

public procurement, performance audit, data mining, agricultural company

Abstract

Despite the significant results that State Audit Institution achieved in the domain of determining regularities of doing business and truthfulness of financial reports of budget users, performance audit was given significantly less attention, which points to the necessity of developing a methodology for this discipline, as well as a technique to apply it. This contribution represents an attempt to apply a technique of finding hidden knowledge-implicit knowledge (Data mining – DM) in the process of auditing public procurement procedures and illustrating the significance of developing a technique for assessing the purposefulness of using budget assets on an example of public procurements performed in an agricultural company.

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