CONSOLIDATION OF INFORMATION ABOUT AUDIT, AUDIT ORGANIZATION AND AUDITION METHODS IN THE EU COUNTRIES

For more than a quarter of a century, an understanding and approval practice of providing audit services has been formed in Ukraine. As an important element of the market mechanism, an audit involves expressing the reasoned opinion of an independent, qualified professional about the entity's financial statements. The time requirement is the use by regulators of new, modern audit techniques. Audit development in Ukraine always goes hand in hand with the study and use of positive audit experience in market economy countries. The main components of such techniques are certain procedures for auditing, quality control of audit services and public oversight bodies. The paper on legal acts and literary sources summarizes the legal and practical principles of audit regulation, quality control of audit services and public oversight bodies in all EU countries (currently 28) and in Ukraine.