BUSINESS INFORM №9-2018

The title and content

ABSTRACTS AND INFORMATION ABOUT AUTHORS

22

Section: Accounting and Auditing
UDC 657.6
Korinko M. D., Manko N. F.
The Cumulative Effect of the Local Auditor’s Judgments (p. 140 - 148)
The article is aimed at studying the influence of the local auditor’s judgments on the formation of independent audit thought and building a conceptual model for grouping the results of the local auditor’s judgments to form an audit report. The authors analyze interpretations of the concept of «auditor’s opinion» by individual scholars and consider expedient a normative fixation of this concept; the basic components on which the professional judgment of auditor is based are allocated and a generalized definition of the given concept is formulated; the stages of audit, which provide auditor with an opportunity to develop a professional judgment are considered together with the factors influencing its developing; the list of decisions, in the process of adoption of which application of a professional judgment is necessitated, is expanded; recommendations on application of individual procedures by auditors in the process of evaluation of the identified distortions of financial statements are proposed; a generalization of the results of the local judgments on separate components of audit process, which are carried out by auditor, is made and the place of professional judgment in the process of assessment of achievement of common audit objectives is defined; a conceptual model of generalization of results of the local auditor’s judgments is constructed.
Keywords: auditor’s opinion, professional judgment, interim conclusions, audit procedures, obtained evidence, audit evaluation, ACI, financial reporting.
Fig.: 5. Tabl.: 1. Bibl.: 19.

Korinko Mykola D. – Doctor of Sciences (Economics), Professor, Head of the Department, Department of Audit, The National Academy of Statistics, Accounting and Auditing (1 Pіdhіrna Str., Kyiv, 04107, Ukraine)
Email: [email protected]
Manko Nadiia F. – Postgraduate Student, The National Academy of Statistics, Accounting and Auditing (1 Pіdhіrna Str., Kyiv, 04107, Ukraine)
Email: [email protected]

Article is written in English
Downloads/views: 1

Download article (pdf) -

Reference to this article:
Korinko, Mykola D., and Manko, Nadiia F. (2018) “The Cumulative Effect of the Local Auditor’s Judgments.” Business Inform 9:140–148.

1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 |

FOR AUTHORS

License Contract

Conditions of Publication

Article Requirements

Regulations on Peer-Reviewing

Publication Contract

Current Issue

Frequently asked questions

INFORMATION

The Plan of Scientific Conferences

OUR PARTNERS

Journal «The Problems of Economy»

The site and its metadata are licensed under CC BY-SA.

Write to webmaster