Financial audit in Russia Pshensova Iren 26 E

Financial audit in Russia Pshensova Iren 26 E 117

CONTENTS: v. I. Introduction v. II. Main part a) History b) Basic concepts c) The tasks d) Main features e) Audit-related services f) The main types of audit g) Federal Statute “About audit v. III. Conclusion activity”

HISTORY: I period The economy turned to the market methods of economy Opening of the first audit firm “Inaudit” II period The economy was transformed The entrepreneship developed 3 legislative acts III period The audit was serious science

BASIC CONCEPTS: Audit activity (of individual auditors or audit organizations ) audit-related services Audit is the examination on financial records and reports of a company in order to verify that the figures in the financial report are relevant, accurate and complete internal/external obligatory/initiative

THE TASKS: Establishing the reliability of financial reporting Analysis of the economy of organization or its activity Check of conformity of the organization's activity with the charter Enforcement of the law Provision of consultations on accounting

MAIN FEATURES: Audit Individual auditors audit organization relative Corresponding for the law structure members

AUDIT-RELATED SERVICES: 1. 2. 3. 4. 5. 6. Production, restoration, management of accounting and tax accounting Accounting, tax and financial consulting Legal assistance in the sphere of audit Valuation activity Analysis of economic activities of organization Training audit

FEDERAL STATUTE: Federal statute “About audit activity” № 307 -FS of 30. 12. 2008 Main items: • Concept, aim, tasks of audit • Concept of audit organization, individual auditor, their rights and obligations • The rights and responsibilities or clients of auditors • The basic principles of audit

CONCLUSION: The audit gives us a full information about accounting and economy of the firm

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