THE CURRENT STATE AND PROBLEMS OF DEVELOPMENT OF THE MARKET OF AUDIT IN RUSSIA
Author(s): Gravshina Irina Nikolaevna, Denisova Natalia Ivanovna
Release: 2019-3 (30)
Keywords: Audit, state support, principle of independence of audit, international standards of audit
Annotation: The current state of the audit services market has led to the formation of preconditions for its qualitative transformation. The article gives a general assessment of the audit as a professional activity in Russia. The review of the changes of the federal legislation in the sphere of auditor activity having basic character is presented. These changes concern legislative regulation of independence institute of audit, entry into force of the international standards of audit. The principles of independence of audit are separately designated. At the same time, the innovations concern not only the audit itself, but also the services accompanying it. Also changes in the sphere of obligatory audit, the requirement to the head of audit public the significant organizations are reflected. As measures to improve the quality of auditing, it is proposed to strengthen external control and develop a set of measures aimed at supporting small and medium-sized Russian audit companies. An assessment of the current state of the market of auditor services is given. Authors designated a number of the problems characteristic of domestic audit planned the directions of their decision. The article justifies the increase in the liability of auditors as a result of changes in legislation. Special attention is paid to measures of state regulation of auditor activity. The priority in the tasks set should be to increase the competitiveness of Russian audit organizations.
Bibliography: Gravshina IR.NI., Denisova NA.IV. THE CURRENT STATE AND PROBLEMS OF DEVELOPMENT OF THE MARKET OF AUDIT IN RUSSIA // Economics and Management. – 2019. – № 3 (30). – С. 35-40. doi: 10.21777/2587-554X-2019-3-35-40