INVESTMENTS IN SUBSIDIARIES AS A KEY AUDIT MATTER
Journal: AUDITOR
Volume 8 № 4
, 2022
Rubrics: THEORY AND PRACTICE OF AUDIT
Authors:
1.
Financial University under the Government of the Russian Federation
(Accounting, analysis and audit Department, Professor)
employee from 01.01.1920 to 01.01.1921
Moskva, Moscow, Russian Federation
employee from 01.01.1920 to 01.01.1921
Moskva, Moscow, Russian Federation
Type:
Article
Pages:
from 10
to 17
Status:
Published
Received:
29.04.2022
Accepted:
11.05.2022
Published:
11.05.2022
Subject area:
UDK 65 Управление предприятиями. Организация производства, торговли и транспорта
Language:
Russian
Keywords:
audit opinion, key issues of the audit, audit procedures, refl ection of fi nancial investments in subsidiaries in the accounting (fi nancial) statements, creation of a reserve for depreciation of fi nancial investments, recovery of the reserve for depreciation of fi nancial investments
Abstract (English):
Th e article discusses the trend towards an increase in the audit reports of public joint-stock companies of key audit issues related to fi nancial investments in subsidiaries. Th e trends in the formation of key audit questions from one reporting period to another and the disclosure of the composition of audit procedures used by auditors to refl ect fi nancial investments in subsidiaries of audited entities and changes in their value associated with impairment are analyzed.
Th e article discusses the trend towards an increase in the audit reports of public joint-stock companies of key audit issues related to fi nancial investments in subsidiaries. Th e trends in the formation of key audit questions from one reporting period to another and the disclosure of the composition of audit procedures used by auditors to refl ect fi nancial investments in subsidiaries of audited entities and changes in their value associated with impairment are analyzed.
Keywords:
audit opinion, key issues of the audit, audit procedures, refl ection of fi nancial investments in subsidiaries in the accounting (fi nancial) statements, creation of a reserve for depreciation of fi nancial investments, recovery of the reserve for depreciation of fi nancial investments
audit opinion, key issues of the audit, audit procedures, refl ection of fi nancial investments in subsidiaries in the accounting (fi nancial) statements, creation of a reserve for depreciation of fi nancial investments, recovery of the reserve for depreciation of fi nancial investments
1. Mezhdunarodnyy standart audita 701 «Informirovanie o klyuchevyh voprosah audita v auditorskom zaklyuchenii» (Prilozhenie № 31 k prikazu Minfina Rossii ot 09.01.2019 № 2n (v red. ot 30.12.2020 № 335n).
2. Sotnikova L.V. Kategoriya doveriya v buhgalterskom uchete i buhgalterskoy (finansovoy) otchetnosti: Monografiya. - M.: Izdatel'stvo KnoRus, 2021. - 260 s.
3. Sotnikova L.V. Klyuchevye voprosy v auditorskom zaklyuchenii: sostav, klassifikaciya, prioritety // Auditor. - 2020. - T. 6. - № 11.- S. 18-30.
