ORGANIZATION OF INTERNAL AUDIT QUALITY CONTROL AND ITS IMPROVEMENT
Keywords:
Auditor, audit organization, audit activity, key audit issues, internal audit, audit quality
Abstract
This article reveals the key problems that arise in the process of organizing internal audit quality control, conducts a deep analysis of the principles, procedures, methods, and presents the main directions of audit quality control. An analysis of the audit quality indicators that are available in the quality control system indicates that all of them are insufficiently disclosed and need to be clarified. The structure of the audit quality control system at the enterprise has been developed, its content has been disclosed. The regulation of internal quality control of the audit organization, which reveals the quality control procedures, is disclosed. The introduction of an improved system of internal audit quality control will minimize the costs of organizing this process in each audit organization, will provide confidence to clients that the audit organization acted within the established standards and principles.
References
1. The Law of the Republic of Uzbekistan “On Accounting” was adopted in accordance with the Law of the Republic of Uzbekistan dated April 13, 2016 No. ZRU-404 “On Amendments and Additions to the Law of the Republic of Uzbekistan “On Accounting”.
2. Law of the Republic of Uzbekistan "On Auditing" dated February 25, 2021 No. ZRU-677
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4. National auditing standards.
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8. Ilyicheva E.V., Naydenova R.I., Demyanenko M.S. To the question of the principles of internal audit quality control // Actual issues of economic sciences. - 2011. - No. 19. - S. 240 - 244.
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10. Massarygina V.F. Questions of quality control in audit activity / V.F. Massarygina // Auditor. - 2014. - No. 9. Electronic resource: https://gaap.ru/articles/Voprosy_kontrolya_kachestva_v_auditorskoy_deyatelnosti/
11. Medvedchuk E.P. Problems of assessing audit quality control in modern conditions // Actual problems of the humanities and natural sciences. - 2016. - No. 2-3. - S. 54 - 57.
12. Sarnatskaya S. E. Key elements of audit quality. Holistic approach to audit quality // Auditorskie Vedomosti. - 2015. - No. 3. - S. 14 - 23.
13. Safonova M.F. International Auditing Standards / M.F. Safonova, S.A. Kucherenko, V.P. Popov - Krasnodar, 2015. - 394 p.
14. Safonova M.F. Essence and problems of the audit quality control system / M.F. Safonova, S.M. Reznichenko //– 2017. - No. 69. – P.88 – 93.
15. Filobokova L.Yu., Israilova Z.R. Quality, efficiency and competitiveness of audit activity // Auditorskie Vedomosti. - 2015. - No. 12. - S. 3 - 14.
Sources:
1. The Law of the Republic of Uzbekistan “On Accounting” was adopted in accordance with the Law of the Republic of Uzbekistan dated April 13, 2016 No. ZRU-404 “On Amendments and Additions to the Law of the Republic of Uzbekistan “On Accounting”.
2. Law of the Republic of Uzbekistan "On Auditing" dated February 25, 2021 No. ZRU-677
3. International professional standards of internal audit // Institute of Internal Auditors IVA. 2013. URL: http://www.iia-ru.ru/.
4. National auditing standards.
5. Azarskaya MA Analysis of the quality of audit and audit services // Auditor. - 2012. - No. 7. - S. 24–31.
6. Altukhova NV Politics and procedures of the quality control system of an audit organization // Auditorskie Vedomosti. - 2017. - No. 4. - S. 25 - 39.
7. Demina ID, Krishtaleva TI Formation of the audit quality control system in accordance with national and international auditing standards // International Accounting. - 2011. - No. 42.-S. 51–58.
8. Ilyicheva EV, Naydenova RI, Demyanenko MS To the question of the principles of internal audit quality control // Actual issues of economic sciences. - 2011. - No. 19. - S. 240 - 244.
9. The concept of audit quality: key elements that form the environment for ensuring audit quality. Information resource "Consultant plus".
10. Massarygina VF Questions of quality control in audit activity / VF Massarygina // Auditor. - 2014. - No. 9. Electronic resource: https://gaap.ru/articles/Voprosy_kontrolya_kachestva_v_auditorskoy_deyatelnosti/
11. Medvedchuk EP Problems of assessing audit quality control in modern conditions // Actual problems of the humanities and natural sciences. - 2016. - No. 2-3. - S. 54 - 57.
12. Sarnatskaya SE Key elements of audit quality. Holistic approach to audit quality // Auditorskie Vedomosti. - 2015. - No. 3. - S. 14 - 23.
13. Safonova MF International Auditing Standards / MF Safonova, SA Kucherenko, VP Popov - Krasnodar, 2015. - 394 p.
14. Safonova MF Essence and problems of the audit quality control system / MF Safonova, SM Reznichenko //– 2017. - No. 69.–P.88–93.
15. Filobokova L.Yu., Israilova ZR Quality, efficiency and competitiveness of audit activity // Auditorskie Vedomosti. - 2015. - No. 12. - S. 3 - 14.
2. Law of the Republic of Uzbekistan "On Auditing" dated February 25, 2021 No. ZRU-677
3. International professional standards of internal audit // Institute of Internal Auditors IVA. 2013. URL: http://www.iia-ru.ru/ .
4. National auditing standards.
5. Azarskaya M.A. Analysis of the quality of audit and audit services // Auditor. - 2012. - No. 7. - S. 24–31.
6. Altukhova N.V. Politics and procedures of the quality control system of an audit organization // Auditorskie Vedomosti. - 2017. - No. 4. - S. 25 - 39.
7 . Demina I.D., Krishtaleva T.I. Formation of the audit quality control system in accordance with national and international auditing standards // International Accounting. - 2011. - No. 42. - S. 51–58.
8. Ilyicheva E.V., Naydenova R.I., Demyanenko M.S. To the question of the principles of internal audit quality control // Actual issues of economic sciences. - 2011. - No. 19. - S. 240 - 244.
9. The concept of audit quality: key elements that form the environment for ensuring audit quality. Information resource "Consultant plus".
10. Massarygina V.F. Questions of quality control in audit activity / V.F. Massarygina // Auditor. - 2014. - No. 9. Electronic resource: https://gaap.ru/articles/Voprosy_kontrolya_kachestva_v_auditorskoy_deyatelnosti/
11. Medvedchuk E.P. Problems of assessing audit quality control in modern conditions // Actual problems of the humanities and natural sciences. - 2016. - No. 2-3. - S. 54 - 57.
12. Sarnatskaya S. E. Key elements of audit quality. Holistic approach to audit quality // Auditorskie Vedomosti. - 2015. - No. 3. - S. 14 - 23.
13. Safonova M.F. International Auditing Standards / M.F. Safonova, S.A. Kucherenko, V.P. Popov - Krasnodar, 2015. - 394 p.
14. Safonova M.F. Essence and problems of the audit quality control system / M.F. Safonova, S.M. Reznichenko //– 2017. - No. 69. – P.88 – 93.
15. Filobokova L.Yu., Israilova Z.R. Quality, efficiency and competitiveness of audit activity // Auditorskie Vedomosti. - 2015. - No. 12. - S. 3 - 14.
Sources:
1. The Law of the Republic of Uzbekistan “On Accounting” was adopted in accordance with the Law of the Republic of Uzbekistan dated April 13, 2016 No. ZRU-404 “On Amendments and Additions to the Law of the Republic of Uzbekistan “On Accounting”.
2. Law of the Republic of Uzbekistan "On Auditing" dated February 25, 2021 No. ZRU-677
3. International professional standards of internal audit // Institute of Internal Auditors IVA. 2013. URL: http://www.iia-ru.ru/.
4. National auditing standards.
5. Azarskaya MA Analysis of the quality of audit and audit services // Auditor. - 2012. - No. 7. - S. 24–31.
6. Altukhova NV Politics and procedures of the quality control system of an audit organization // Auditorskie Vedomosti. - 2017. - No. 4. - S. 25 - 39.
7. Demina ID, Krishtaleva TI Formation of the audit quality control system in accordance with national and international auditing standards // International Accounting. - 2011. - No. 42.-S. 51–58.
8. Ilyicheva EV, Naydenova RI, Demyanenko MS To the question of the principles of internal audit quality control // Actual issues of economic sciences. - 2011. - No. 19. - S. 240 - 244.
9. The concept of audit quality: key elements that form the environment for ensuring audit quality. Information resource "Consultant plus".
10. Massarygina VF Questions of quality control in audit activity / VF Massarygina // Auditor. - 2014. - No. 9. Electronic resource: https://gaap.ru/articles/Voprosy_kontrolya_kachestva_v_auditorskoy_deyatelnosti/
11. Medvedchuk EP Problems of assessing audit quality control in modern conditions // Actual problems of the humanities and natural sciences. - 2016. - No. 2-3. - S. 54 - 57.
12. Sarnatskaya SE Key elements of audit quality. Holistic approach to audit quality // Auditorskie Vedomosti. - 2015. - No. 3. - S. 14 - 23.
13. Safonova MF International Auditing Standards / MF Safonova, SA Kucherenko, VP Popov - Krasnodar, 2015. - 394 p.
14. Safonova MF Essence and problems of the audit quality control system / MF Safonova, SM Reznichenko //– 2017. - No. 69.–P.88–93.
15. Filobokova L.Yu., Israilova ZR Quality, efficiency and competitiveness of audit activity // Auditorskie Vedomosti. - 2015. - No. 12. - S. 3 - 14.
Published
2023-06-12
How to Cite
Tagirovna, M. L., & Alimovich, M. O. (2023). ORGANIZATION OF INTERNAL AUDIT QUALITY CONTROL AND ITS IMPROVEMENT. International Journal on Economics, Finance and Sustainable Development, 5(6), 84-91. https://doi.org/10.31149/ijefsd.v5i6.4486
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