ДИСКУСІЙНІ АСПЕКТИ АУДИТУ ІНШОЇ ІНФОРМАЦІЇ

Abstract

The article investigates the problematic aspects of determining other information (financial and non-financial) that requires the auditor's attention. The authors consider the issues of the content of the Management Report on the example of trade enterprises; requirements for the auditor to obtain other information and the content of the relevant audit procedures at each step, which are necessary in case of obtaining other information after date of the auditor’s report; additional requirements of regulators for business entities regulated and supervised by the National Bank of Ukraine and the National Securities and Stock Market Commission, and audit firms; audit documentation of other information. Based on the results of the study, it was determined that there is a need to establish a minimum list of indicators by financial performance areas to be disclosed in the Management Report at the legislative level, which will provide for a comparative analysis of enterprises by industry and facilitate the unification of audit documentation. In order to improve the process of audit documentation, it is recommended to use the documents by audit stage, in particular, "Audit of Other Information – Audit Programme" (planning stage); "Inquiry for Other Information", "Verification of compliance of Management Report and financial statement", "Verification of compliance and consistency of annual information of the issuer of securities and financial statement" (testing stage); "Checklist – Analysis of the Auditor’s Report for Compliance with Article 14 of the Law of Ukraine No.2258-VIII", "Checklist – Analysis of the Auditor’s Report for Compliance with ISA 720", "Checklist – Compliance with the Requirements for the Auditor’s Report to the NSSMC" or "Checklist – Compliance with the Requirements for the Auditor’s Report to the NBU" (reporting stage). This approach will make it possible to organise the results of other information review by the main stages of the audit. Areas for further research may be related to the development of proposals for streamlining the content of other information.