Headings of the journal
"Economics and Management"

Annotation: The main purpose of applying analytical procedures in an audit is to identify the presence or absence of unusual or incorrectly reflected facts and results that require particular auditor’s attention. Analytical procedures should be performed at all audit stages from the planning to final ones. In certain cases these procedures help to identify operations that require mandatory verification, which could not be detected when building an audit sample. The reform of the federal accounting standards and in particular the inventory accounting standard requires a revision of the current set of analytical procedures in order to ensure a qualitative audit of inventory accounting in accordance with the requirements of current accounting legislation. The article presents a list of analytical procedures for inventory accounting, taking into account the new provisions of the accounting standard 5/2019 “Stocks”. In addition, the regulations for carrying out analytical procedures for inventory accounting based on the requirements of ISA 501 and ISA 520 are presented.

Annotation: The coronavirus pandemic has affected every area of public concern. This has been manifested in the exacerbation of unemployment and inequality, fall in the enterprises’ revenue and income of the population, vulnerability of certain groups, online activities, etc. The article was devoted to the role of social innovations in solving problems of territorial development in the context of the COVID-19 pandemic. It was shown that both existing projects and initiatives created under the influence of the epidemiological factor have made a significant contribution to overcoming consequences of the spread of the coronavirus. Special attention was paid to social entrepreneurship as one of the main agents of social innovation, which promptly responded to the challenges of the new reality. The study addressed the key aspects of the development of social entrepreneurship and ways of transforming its activities during the pandemic. It established that social enterprises have adapted to the ongoing changes. The paper also highlighted the role and main measures to support social innovation and social entrepreneurship in Russia and abroad. In conclusion, it was noted that the need for targeted support of social entrepreneurs.

Annotation: This article examines and analyzes the prospects and opportunities for using digital technologies in auditing. The most significant technologies that can influence the transformation of audit activities, changing and simplifying the conduct of audit procedures, are identified. The dynamics of the introduction of information and communication technologies in organizations is studied, the relevance of the process of transformation of audit activities under the influence of digital technologies is clarified, and a forecast of possible ways of developing audit activities under their influence is made. The degree of influence of information technologies on the scope of functions performed in the field of accounting and auditing, depending on the level of qualification of specialists, is studied. Special attention is paid to the study of the possibilities of using modern digital technologies in relation to audit activities, and the possible directions of their integration are investigated. Based on the material studied, the authors assume about the possible transformation of the activities of audit companies.

Annotation: The article examines the issues of regulation of the accounting system of commercial organizations, and in particular, such an element of it as the accounting document management system. Attention is drawn to the legislative and regulatory documents regulating this organizational area of accounting, as well as to the changes that have been adopted for introduction since the beginning of 2022. A critical analysis of the norms of federal legislation and the new accounting standard in the field of documents and document management in the accounting of commercial organizations is given and a number of proposals are made to optimize the regulatory standards. The author’s format of the federal accounting standard in the field of documents and accounting document management is proposed, which, according to the authors, is more consistent with the level of development of accounting science and practice, the needs of users of accounting information.

Annotation: The article proposes measures to improve inventories audit. It develops working documentation and regulations for inventories audit. An audit must be accompanied by mandatory documentation i.e. a presentation of the received customer’s (client’s) information in working audit documentation. The forms and content of the working documentation are provided by the rule (standard) of auditing. The main working documents of the audit include the following: plans and audit programs, descriptions of the procedures used by the firm and their results, customer’s (client’s) explanations and statements, copies including photocopies of customer’s (client’s) documents, description of the internal control system and organization of customer’s (client’s) accounting, analytical documents of the audit organization. Working documentation can be created by an auditor or received from a customer (client) or any other persons. The composition, number and content of documents included in the working documentation of the audit are determined by the audit form based on the work nature, type of audit report, the nature and complexity of customer’s financial and economic activities, the nature and condition of accounting organization and internal control of the customer (client) and the required level of guidance and control over the work of auditors when performing certain procedures. The auditor’s working documentation should be easily readable, complete, understandable and reflect the conditions of a specific audit or the issue investigated in the audit.