Open AccessDevelopment Strategy for Audit Services Quality Supervisors
Author(s) -
Natalia D. Brovkina
Publication year - 2019
Publication title -
učët. analiz. audit/učët, analiz, audit
Language(s) - English
Resource type - Journals
eISSN - 2619-130X
pISSN - 2408-9303
DOI - 10.26794/2408-9303-2019-6-5-69-79
Subject(s) - audit , business , accounting , work (physics) , quality (philosophy) , quality audit , internal audit , audit plan , financial audit , joint audit , generally accepted auditing standards , order (exchange) , public relations , finance , political science , engineering , accounting information system , financial accounting , mechanical engineering , philosophy , epistemology
The issue of improving the financial reporting auditing process has been an important development of the financial services market for many years. The wave of claims to the quality of auditing findings has led to reform not only in the profession itself, in the form of the reworking of international auditing standards (ISA), but also to the review of the organization of state oversight and supervision of the quality of audit. Currently, the auditing supervision authorities in the Russian Federation are building their work in accordance with the agreements formed at the international level, including the documents of the International Forum of Independent Audit Regulators (IFIAR — International Forum of Independent Audit Regulators). At the annual forum taken place in April 2018, a number of organizational decisions were adopted, including the first-ever Strategic Plan for 2018–2021, which aims to ensure the quality of audits in cooperation with the global and regional networks of auditing organizations, standards-setting bodies and other key stakeholders. In order to ensure such interaction, the development strategy of auditing regulators in other IFIAR member states is of particular importance.