Open AccessLegal regulation of obtaining audit evidence in the system of international audit standards in force in the Russian Federation
Author(s) -
Ol'ga Sobol'
Publication year - 2020
Publication title -
vestnik universiteta imeni o.e. kutafina (mgûa)/vestnik universiteta imeni o. e. kutafina
Language(s) - English
Resource type - Journals
eISSN - 2782-6163
pISSN - 2311-5998
DOI - 10.17803/2311-5998.2020.73.9.071-076
Subject(s) - audit , accounting , joint audit , audit evidence , audit plan , business , information technology audit , chief audit executive , receipt , russian federation , test (biology) , auditor independence , audit substantive test , internal audit , external auditor , paleontology , biology , economic policy
This article analyzes the procedure for obtaining audit evidence, the regulation of which is contained in international auditing standards. The key role in the system of international standards governing the receipt of audit evidence is played by ISA 200, ISA 500, recognized and operating in the current period in the Russian Federation. Taking into account the analysis of these ISAs and the directly related international audit standards, the concept and types of audit evidence are determined, their essential characteristics, audit procedures aimed at obtaining audit evidence, disclose methods for selecting test items in order to obtain audit evidence, including the audit sampling method, which allows for a conclusion on the entire set of elements to be drawn. In addition, the procedure for obtaining audit evidence in relation to certain items of the financial statements is determined.