Home  Journals  International Accounting  22(172) - 2011 June

The comparative analysis of the Russian and international quality standards of audit

Available online: 11 June 2011

Subject Heading: AUDITOR ACTIVITY

JEL Classification: 

Quality of audit and auditor standards is constantly improved. In article the comparative analysis of the International standard of audit 220 «Quality assurance of auditor work» («Quality control for an Audit of Financial Statements») is carried out and a federal rule (standard) of auditor activity № 7 «Quality assurance of performance of tasks on audit», norms which reduce risk of poor-quality work, and also requirements bearing potential threat to quality are revealed. Authors draw a conclusion that at the statement of new federal standards of audit it is necessary to change an order of their coming into force and to provide preparatory or a transition period, and also to add norms about obligatory documenting of survey quality check of performance of the task on audit of socially significant managing subjects.

Keywords: the audit standard, quality of audit, auditor check, survey check, the auditor task

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ISSN 2311-9381 (Online)
ISSN 2073-5081 (Print)

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