BUSINESS INFORM JOURNAL.

УКР

ENG

Search:

REGISTRATION CERTIFICATE

KV #19905-9705 PR dated 02.04.2013.

FOUNDERS

RESEARCH CENTRE FOR INDUSTRIAL DEVELOPMENT PROBLEMS of NAS (KHARKIV, UKRAINE)

According to the decision No. 802 of the National Council of Television and Radio Broadcasting of Ukraine dated 14.03.2024, is registered as a subject in the field of print media.
ID R30-03156

PUBLISHER

Liburkina L. M.

SITE SECTIONS

Improving the Audit of Enterprise’s Liabilities
Krivtsova Т. О.

Krivtsova, Тetiana О. (2019) “Improving the Audit of Enterprise’s Liabilities.” Business Inform 6:201–209.
https://doi.org/10.32983/2222-4459-2019-6-201-209

Section: Accounting and Auditing

Article is written in Ukrainian
Downloads/views: 3

Download article (pdf) -

UDC 657.6:346.3

Abstract:
The article is aimed at developing theoretical provisions and elaborating methodical approaches together with practical recommendations directed towards improving the audit of the enterprise’s liabilities. Analysis and research of scientific and practical literature, as well as the standards that regulate audit of financial reporting, allowed allocating the features of formation of the methodology of auditing the liabilities of enterprises. Some components of the methodical provision and the methodology of auditing the enterprise’s liabilities are reflected. The stages of audit are generalized; the audit procedures as the content components of the plan of audit of the enterprise’s liabilities are defined. Achievements as to the specifics of formation of the methodology for auditing the enterprise’s liabilities at the current stage of development of the audit activity in Ukraine, in particular, approaches to defining the order of auditing the long-term enterprise’s liabilities and the short-term enterprise’s liabilities, are systematized. Separately presented is the algorithm of methodology of audit of the current liabilities of enterprise. As a result of the analysis of scientific papers and legislation, both national and international, it is proposed to improve the comprehensive methodology of auditing the enterprise’s obligations, the content of which is to carry out the agreed audit procedures in accordance with verification of the following allegations on obligations: existence, rights and responsibilities, onset, complete reflection, evaluation and distribution, accuracy, classification and clearness. Practical implementation of the results of the research will optimize the work of auditors during the audit of the enterprise’s financial reports in general and liabilities in particular. In this regard, it makes sense to focus further elaborations on the studying the advanced practices of the developed world countries and the global tendencies in the audit of the enterprise’s liabilities.

Keywords: audit, current liabilities, long-term liabilities, audit of the enterprise’s liabilities, methodology of auditing the enterprise’s liabilities, methodical provision of auditing the enterprise’s liabilities, algorithm for auditing the enterprise’s liabilities.

Fig.: 6. Tabl.: 1. Bibl.: 11.

Krivtsova Тetiana О. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of Economic Consulting, Simon Kuznets Kharkiv National University of Economics (9a Nauky Ave., Kharkiv, 61166, Ukraine)
Email: [email protected]

List of references in article

Ovcharyk, R. Yu. “Audyt na bazi kompiuternykh prohram: produktyvnist, rentabelnist ta tendentsii rozvytku“ [Audit on the basis of computer programs: productivity, profitability and development trends]. Internauka. Seriia «Ekonomichni nauky», no. 1 (2017): 68-72.
Potryvaieva, N. V., and Hromova, Ya. M. “Udoskonalennia audytu potochnykh zoboviazan u vzaiemozviazku z optymizatsiieiu oblikovoho protsesu“ [Improvement of audit of current obligations in connection with optimization of accounting process]. Visnyk ahrarnoi nauky Prychornomoria, no. 2 (2018): 11-15.
Lebedyk, H., and Yatsenko, V. “Features of accounting liability of enterprises of Ukraine“. Ekonomika i rehion, no. 3 (2018): 88-94.
Morozova, Ye. P., and Levchynskyi, D. L. “Osnovni zasady audytu kredytorskoi zaborhovanosti zhidno z mizhnarodnymy standartamy“ [The main principles of the audit of accounts payable in accordance with international standards]. Intelekt XXI, no. 5 (2016): 17-19.
Rayan, B. Strategicheskiy uchet dlya rukovoditelya [Strategic accounting for the head]. Moscow: Audit; YuNITI, 1998.
Finansovyi kontrol: mizhnarodnyi dosvid [Financial control: international experience]. Kyiv: UBS NBU, 2013.
“Mizhnarodni standarty kontroliu yakosti, audytu, ohliadu, inshoho nadannia vpevnenosti ta suputnikh posluh. Vydannia 2016-2017 r.“ [International standards for quality control, audit, review, other assurance and related services. Edition 2016-2017]. https://www.apu.net.ua/component/content/article/2-uncategorised/1151-miznarodni-standarti-kontrolu-yakosti-2016-2017
Gibezh, Ye. A., and Nevdakh, S. V. “Sposoby snizheniya auditorskogo riska“ [Ways to reduce audit risk]. Mezhdunarodniy ekonomicheskiy forum, no. 31 (2015): 147-151.
Rudnytskyi, V. S. Metodolohiia i orhanizatsiia audytu zoboviazan [Methodology and organization of audit of obligations]. Ternopil: Ekonomichna dumka, 2011.
Usach, B. F. Audyt [Audit]. Kyiv: Znannia, 2004.
Kulakovska, L. P., and Picha, Yu. V. Orhanizatsiia i metodyka audytu [Organization and methodology of audit]. Kyiv: Karavela, 2004.

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