Suglobov A.E.PhD, professor, Honored economist of the Russian Federation, head of the Department of Economic Analysis, Finance and Statistics of Moscow University of the Ministry of Internal affairs of Russia a_suglobov@mail.ru
It is noted about necessity for control of auditor work quality in the international audit standard IAS 220 “Control of quality of work while audit of historical financial information” that entered into force for audit of financial information of previous periods conducted from the 15th of June 2005 inclusively. The aim of ISA 220 is establishment of standards and granting of recommendations on the control of work in relation to policy and procedures concerning work committed to assistants of an auditor while conducting a separate audit of quality attached to audit of financial information of recent periods including audit of financial statements. This standard should be read together with the parts A and B of the International Code of Ethics for professional accountants. In this article the author comments upon basic provisions of the standard ISA 220.
