Home  Journals  International Accounting  40(238) - 2012 October

Economic efficiency of audit in bankruptcy procedures

Available online: 29 October 2012

Subject Heading: AUDIT ACTIVITY

JEL Classification: 

Auditor services in procedures of bankruptcy are directed on examination of transactions of the debtor with property in a bankruptcy prediction with the subsequent return of assets according to suspicious transactions in competitive weight. It promotes increase of productivity of competitive production, bigger satisfaction of requirements of creditors. Economic efficiency of audit in procedures of bankruptcy is caused that the gain of the sum of competitive weight at the expense of financial consultations and legal support of auditors considerably surpasses expenses on payment of auditor services.

Keywords: audit, bankruptcy, service, efficiency, analyses

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

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