scholarly journals Positive Research Regarding the Implementation of International Audit Standards at Romanian Entity Level

2019 ◽  
Vol 10 (07) ◽  
pp. 21586-21591
Author(s):  
Salomia Maria Mădălina
Keyword(s):  
Critical Analysis ◽  
Financial Statements ◽  
Methodological Framework ◽  
Positive Research ◽  
Time And Space ◽  
Auditing Standards ◽  
Financial Audit ◽  
Audit Activity ◽  
Audit Standards ◽  
International Audit

The research was based on critical analysis, in time and space, of the theoretical references underlying the organizational and methodological framework for the performance of financial audit, international auditing standards, as well as the integration of international and European requirements in the financial audit activity of our country, the scientific approaches in the field of auditing the financial statements, elaborated by the revision of the specialized regulations and in the second part, the stages of the organization of the financial audit activity, the methods and currently used techniques in the financial audit for obtaining the evidence elements, are provided. 

REGULATION OF AUDITING STANDARDS WORK IN RUSSIA AND CHINA

2016 ◽  
Vol 11 (2) ◽  
pp. 91-94
Author(s):  
Баутин ◽  
Vladimir Bautin ◽  
Карзаева ◽  
Natalya Karzaeva ◽  
Полидань ◽  
...  
Keyword(s):  
Comparative Analysis ◽  
Russian Federation ◽  
Conflict Of Interests ◽  
Chinese Law ◽  
Auditing Standards ◽  
The Russian Federation ◽  
The Law ◽  
Audit Activity ◽  
Audit Standards

The article discusses the role and position of audit standards in the economy. On the basis of concept elements of audit standards we carried out a comparative analysis of the norms of the Chinese Law № 32 from 31 August, 1994 “On audit” and the Law of the Russian Federation №307-FZ from 30 December, 2008 “On Auditing activity”. The place of audit in the model of functioning economic entities in Russia and China was determined, the validity of recognition the audit as an independent infrastructure sector of the economy of two countries was considered, the conflict of participants interests of audit activity in Russia was reviewed and the legislative approach to solving this problem was noted, the absence of conflict of interests in carrying out audit in China was justified. A particular attention is paid to the regulation of auditing standards, confirming the concept of auditing. Based on the analysis we made a conclusion, allowing to recognize the market nature of the audit activity concepts in Russia and administrative nature in China.

Quality of Audit Services and Requirements of International Auditing Standards

Auditor ◽  
2018 ◽  
Vol 4 (11) ◽  
pp. 20-24 ◽  
Author(s):  
Н. Лосева ◽  
N. Loseva
Keyword(s):  
Quality Control ◽  
Control System ◽  
Professional Ethics ◽  
Audit Quality ◽  
Quality Control System ◽  
Auditing Standards ◽  
Audit Standards ◽  
International Audit

Th e article examines the concept of audit quality and its key elements, the requirements of international audit standards for audit quality control, elements of the quality control system, professional ethics and audit quality, and the content of the principle of independence.

scholarly journals External auditor responsibility in detecting errors and frauds under international audit standards

2020 ◽  
Vol 4 (2) ◽  
pp. 1-16
Author(s):  
Amina BOUFARH
Keyword(s):  
Financial Statements ◽  
Professional Responsibility ◽  
Illegal Behavior ◽  
External Auditor ◽  
Audit Standards ◽  
International Audit

This study aims to demonstrate the responsibilities of the external auditor with regard to illegal behavior in the financial statements by assessing the auditors' compliance with their professional responsibility and the ability to detect the risks of fraud and identify the factors leading to the disclosure by auditors. The study concluded that the external auditor is not legally responsible for detecting fraud, but should exercise caution when examining the financial statements for misstatements, as he should express an opinion. more transparent and credible on the validity of financial statements

scholarly journals THE AUDIT OF FINANCIAL STATEMENTS PREPARED BY THE BENEFICIARIES OF EU GRANT

2013 ◽  
Author(s):  
Danut Rada ◽  
Doina Rada
Keyword(s):  
Financial Statements ◽  
Public Institutions ◽  
Financial Resources ◽  
Related Services ◽  
International Standard ◽  
Economic Agents ◽  
Audit Standard ◽  
Audit Standards ◽  
International Audit

The patrimonial economic entities - public institutions or economic agents, beneficiaries of EU grants, are required to maintain separate accounts situations of the use of these financial resources and also to prepare financial statements in which to be reflected the fees occurred by implementing of projects. The audit of these financial statements is specific and is based on the provisions of international audit standards ISRS 4400 “international standard for related services” and ISAE 3000 “international standard for certification measures”. In some cases, considering the request of the audit beneficiary, can be applied the provisions of ISA 800, International Audit Standard “Special Considerations-Audit of financial statements prepared in accordance with special purpose frameworks”.

The role of professional judgment in international standards on auditing

Auditor ◽  
2015 ◽  
Vol 1 (3) ◽  
pp. 3-8
Author(s):  
Пожарицкая ◽  
I. Pozharitskaya
Keyword(s):  
Conceptual Model ◽  
Financial Statements ◽  
International Standards ◽  
Professional Judgment ◽  
Subject Areas ◽  
The Subject ◽  
Audit Standards ◽  
International Audit

Based on the study of international audit standards and international framework of tasks to provide certainty defines the role of the auditor’s judgment in the process of auditing the financial statements. A conceptual model of professional judgment based on ISA 200. The conclusions about the need to develop the subject areas of application of professional judgment of the auditor and its methodological tools.

scholarly journals STAGES OF IMPLEMENTATION AND PROBLEMS OF IMPLEMENTATION OF INTERNATIONAL AUDITING STANDARDS IN UZBEKISTAN

2020 ◽  
pp. 19-25
Author(s):  
Karimov Nematullah
Keyword(s):  
Staff Development ◽  
Financial Stability ◽  
World Federation ◽  
The World Bank ◽  
Qualified Personnel ◽  
The World ◽  
Auditing Standards ◽  
The Republic ◽  
Audit Standards ◽  
International Audit

This article is devoted to the study of the problems of applying international audit standards in the Republic of Uzbekistan. The author identified the main problems of applying international audit standards in the practice of audit organizations of the Republic of Uzbekistan, which include: insufficient qualified personnel, high costs of training or staff development, a language barrier, the complete absence of special domestic computer programs, the complexity of the content and structure of international audit standards. Along with the programs, the author presents the advantages of applying international audit standards, which include: providing a unified approach to auditing at the international level; trust is established by investors, creditors and shareholders; comparability of audit results between companies and countries is provided, and the competitiveness of audit organizations of Uzbekistan in the international arena is guaranteed; providing support from international institutions: the World Bank, the World Federation of Exchanges, the International Organization of Securities Commissions, the Committee on Financial Stability, etc. Development prospects are also proposed through the creation of specialized centers whose main functions are: professional translation of International Auditing Standards, publication of a special literature, training and exchange of knowledge and experience.

Audit Documentation of Financial Statements in Accordance with the Requirements of International Standards

Auditor ◽  
2017 ◽  
Vol 3 (7) ◽  
pp. 28-36
Author(s):  
Кочинев ◽  
Yuriy Kochinev
Keyword(s):  
Financial Statements ◽  
International Standards ◽  
Audit Strategy ◽  
Audit Standards ◽  
International Audit

Th is article reveals the issues of working papers draft ing for such audit sections as the audit engagement, harmonization of conditions of the audit engagement, materiality information common audit strategy, an audit plan. The recommendations for documentation based on the International Audit Standards requirement are suggested.

scholarly journals RISK-ASSESSMENT PROCEDURES AND ESTABLISHING THE SIZE OF SAMPLES FOR AUDITING FINANCIAL STATEMENTS

2014 ◽  
Author(s):  
Daniel Botez
Keyword(s):  
Risk Assessment ◽  
Financial Statements ◽  
Inherent Risk ◽  
Assessment Procedures ◽  
Audit Standards ◽  
International Audit

In auditing financial statements, the procedures for the assessment of the risks and the calculation of the materiality differ from an auditor to another, by audit cabinet policy or advice professional bodies. All, however, have the reference International Audit Standards ISA 315 “Identifying and assessing the risks of material misstatement through understanding the entity and its environment” and ISA 320 “Materiality in planning and performing an audit”. On the basis of specific practices auditors in Romania, the article shows some laborious and examples of these aspects. Such considerations are presented evaluation of the general inherent risk, a specific inherent risk, the risk of control and the calculation of the materiality.

The EntrepreneurrS Role in the Performance Growth of the Financial Audit Activity in Romania

2015 ◽  
Author(s):  
Cristina Raluca Popescu ◽  
Veronica Adriana Popescu ◽  
Popescu Gheorghe
Keyword(s):  
Financial Audit ◽  
Audit Activity
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