The Importance of Investment Audit for the Company

The aim of the paper is presentation of possible approach to realization of enterprise investment audit and also schematic quantification of possible effects in phase of investment utilization during planned economic lifetime of the project. The paper shows that conventional way of the investment process mostly prefers only issue of preparation and implementation phase. Utilization phase is underestimated. The monitoring of planned indicators and identification of deviations (particularly in revenues – Cash Flow) are underrated. Identification of causes of variations as well as acceptance of addressed direct corrections can fill not only economic objectives of the project but also improve whole process of investment and financial decision making of the enterprise. Investment audit in the company is recommended to perform within methodology presented in the paper in particular phases of investment process. This methodology enables correct quantification of investment effects and declaration of the real contribution of investment to corporate performance increase.