Institutional audit regulation in Russia in conditions of sustainable development

Abstract

This article considers the need to rethink the content and scope of the state’s coordinating functions in the field of audit; The article pays attention to the lack of development of the institutional aspects of audit; the need to expand the theoretical and methodological tools of audit, which allows to determine the impact of economic and legal support factors on the management decisions of users of reporting. The purpose of the article is to formulate the institutional problems of audit and on their basis to substantiate the theoretical and methodological foundations for improving the institute of auditing, including the Russian one. The scientific novelty of the research lies in the interdisciplinary consideration of issues involving the works of philosophers and jurists. The study substantiates the truth of the audit, which consists in determining the reliability of financial statements, defines the boundaries covered by the audit relationship, imperative and dispositive legal norms in the field of auditing.