Abstract
. Under the current conditions of economic development, it is important for owners and shareholders to obtain an independent expert assessment of the effectiveness of the entity’s business. In connection with this, there is a need for wider application of analytical procedures in the audit. In the article the essence, levels and types of analytical procedures of audit are examined, peculiarities of application of analytical procedures during audit in the current conditions of development of the economy of Ukraine are determined. The necessity of improvement of analytical procedures of audit in conditions of increase of requirements to control its quality is substantiated. The shortcomings of estimation of financial stability of the enterprise are determined. In addition, the financial stability of the entity is determined by comparing the actual and optimal values (criteria) of the respective coefficients. The criteria used in programs are generalized and do not take into account the industry and the specifics of the enterprise. Such an assessment of financial stability in many cases does not actually reflect the actual situation on the subject of management. This is due to the fact that the majority of relative indicators of financial stability are determined by the ratio of own and attracted capital, while not taking into account their structure and peculiarities of formation. In addition, the financial stability of an entity is determined by comparing the actual and optimal values (criteria) of the respective coefficients. The criteria used in these programs are generalized and do not take into account the industry and the specifics of the entity’s activities. When applying modern information technology in the audit, we must carefully approach the choice of software products and the final interpretation of the results. In the article proposes a refined and expanded list of optimal values (criteria) of indicators of financial stability, taking into account the specifics of different branches of the national economy. An auditor in assessing the financial sustainability of a business entity — the customer, it is also advisable to take into account the features of his activity and, depending on this, adjust the criteria. To improve the quality of the audit, the use of analytical procedures should be adequate to the objectives and objectives of the audit, and the costs of their conduct should be correlated with the results obtained.
Highlights
The range of audit tasks is significantly expanded under modern conditions of Ukraine’s economy development
Since IFAC (International Federation of Accountants) in approved ISA (International Standards of Auditing) quite often uses the notion of «a professional auditor’s opinion», it creates a field of possibilities for unscrupulous auditors to use a certain methodology at its discretion, that is among the whole list of methods to choose the one that will allow to obtain a necessary result [1]
We offer an updated and extended list of optimal figures of the indicators of financial firmness with consideration of a specific nature of different sectors of the national economy (Table 1)
Summary
За сучасних умов розвитку економіки власникам та акціонерам важливо отримати незалежну експертну оцінку щодо ефективності діяльності суб’єкта господарювання. Досліджено сутність, рівні та види аналітичних процедур аудиту, визначено особливості застосування аналітичних процедур при проведенні аудиту в сучасних умовах розвитку економіки України. Обґрунтовано необхідність удосконалення аналітичних процедур аудиту в умовах підвищення вимог до контролю його якості. Визначено недоліки оцінки фінансової стійкості суб’єкта господарювання — замовника аудиторських послуг за допомогою спеціалізованих програмних продуктів. Запропоновано уточнений і розширений перелік оптимальних значень (критеріїв) показників фінансової стійкості з урахуванням специфіки різних галузей національної економіки. Аудиторові при оцінці фінансової стійкості суб’єкта господарювання — замовника доцільно також ураховувати особливості його діяльності і залежно від цього коригувати критерії. АНАЛИТИЧЕСКИЕ ПРОЦЕДУРЫ АУДИТА В УСЛОВИЯХ ПОВЫШЕНИЯ ТРЕБОВАНИЯ К КОНТРОЛЮ ЕГО КАЧЕСТВА. Обоснована необходимость совершенствования аналитических процедур аудита в условиях повышения требований к контролю его качества.
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