Peculiarities of implementing internal managerial control systems in public entities [Articol]

Abstract

The purpose of this article: to examine the particularities of implementing the Managerial Internal Control (MIC) system in public entities, with a focus on its role in strengthening governance and ensuring sustainable socio- economic development. The methodology: Based on a qualitative analysis of national legislation, international standards, and practical experiences of public institutions in the Republic of Moldova, complemented by a comparative approach with best practices from European Union countries. The findings highlight that an efficient MIC system reduces risks of fraud, abuse, and errors, optimizes the use of financial and human resources, increases transparency and accountability, and provides reliable information for managerial decision-making. The research concludes that the implementation of MIC is a long-term and complex process that requires both institutional commitment and adaptability to the specific characteristics of each public entity. Conclusions: The findings reveal that an efficient MIC system minimizes risks of fraud, abuse, and operational errors, optimizes the use of resources, and strengthens institutional performance. However, successful implementation requires continuous commitment, capacity-building, and alignment with the specific needs of each public entity. Originality: The originality of the study lies in its contextualized analysis of the Moldovan public sector, offering practical insights and recommendations tailored to the national framework while aligning with international governance principles.