НЕОБХІДНІСТЬ ТА ЗНАЧЕННЯ СУСПІЛЬНОГО НАГЛЯДУ ЗА АУДИТОРСЬКОЮ ДІЯЛЬНІСТЮ

Abstract

The article considers the essence of public supervision of audit activities as one of the methods for improving the quality of Audit Services, Trust in the auditor based on the synthesis of the main achievements of foreign and domestic economic science. The main functions performed by the public supervision body over audit activities are described. The effectiveness of the introduction of public supervision can be analyzed using indicators of external inspections that were conducted in connection with the receipt of numerous complaints, applications and appeals from individuals and legal entities, regarding the improper performance of professional duties by audit entities based on the results of their provision of audit services, the structure of the organization of the public supervision body for audit activities has been studied. A comparative analysis of the number of external inspections of the quality control system for audit services during 2015-2019 is made, and the structure and system of Organization of the public supervision body of foreign countries such as: Sweden, USA, Estonia, France, Bulgaria, Italy, Lithuania and others is analyzed. The features of the system of financing the public supervision system in Ukraine and in foreign countries are also considered. The main directions of improving the policy of introducing public supervision are proposed, which will contribute to improving the efficiency of the functioning of public supervision and harmonizing domestic legislation with European ones. The effectiveness of introducing training of higher education applicants in higher educational institutions in the direction of deepening knowledge related to the concepts of "quality control of audit activities" and "public supervision" is considered. It is proposed to reform the management of the Audit Chamber of Ukraine and select professional independent specialists who will properly perform their duties. It is proved that the need for public supervision is an important condition for improving the quality of audit activities and a necessary step towards joining the EU. The results of the research conducted to determine the need and role of public supervision of audit activities in Ukraine, as well as its harmonization and functioning based on the use of foreign experience are summed up.