ОСОБЛИВОСТІ АУДИТУ ЯК ФОРМИ ФІНАНСОВОГО КОНТРОЛЮ

Abstract

The article describes features and types of audit as a form of financial control. The main reasons for the occurrence of the audit in Ukraine, its official formation and evaluation are named. The definitions of audit and auditor are determined in accordance with Ukrainian legislation. The differences between the audit process and the concepts of " revision" and "control" are indicated. General principles of the audit in enterprise’s financial and economic activity are specified. The article defines the importance of auditing the financial statements of an enterprise The classification of the audit is given. The essence and purpose of each type of the audit are determined. According to this classification, audit is divided into external audit and internal audit. Internal audit is used to check the structure, policy, rules, procedures for securing the safety of assets and reliability of accounting records of the organization, which are descried in its financial statement. Shortly, the role of internal audit is to provide independent assurance that an organization’s risk management, governance and internal control processes are operating effectively. The external audit provides the required audit services (carrying out the revision, providing additional services) by the independent audit firm (independent auditor). Furthermore, the external audit is divided into mandatory audit (Annual audit of accounting and financial activities of the organization of individual enterprise), voluntary audit (audit of accounting and financial activities of the organization or individual enterprise by request of CEO) and special audit (tightly defined audit that only looks at a specific area of an organization's activities). The classification of the audit by type of economic activity of the audited entity is also determined. The result of the audit is to obtain an audit opinion that reflects the accuracy of the information included in audited entity financial statement. The audit opinion plays the most important role in the company's ability in continuing to perform its financial and economic activity. Emphasis is placed on modern digital technologies, which should become a priority in the further development of auditing in Ukraine.