One of the main factors of a company's business performance is complete mobility and orientation of the employees towards realizing common interests and goals of the company as a whole. Activities aimed at that goal are also related to building a motivation system in the company. One of the means of motivation policy is the system of incentive rewards, where the information input is the calculation of costs and business results of a company, relying on complete tracking of business processes, according to functions, fields and centres of responsibility for achieved success or failure. Profit, as the final financial product of the company's activities, is basically the main activating force for all the employees. Their motivation helps successful achievement of a company's business policy and strategic development, through a functional system of measuring and evaluating results and adequate rewards.
The paper presents the research in the field of internal supervision in financial reporting in the private sector of the Republic of Serbia. In the first part of the paper, legal regulations and current international regulations are compared. The aim of this study was to
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