IDENTIFICATION OF RISKS OF MATERIAL MISSTATEMENT: INFORMATION IN THE AUDIT FILE
Journal: AUDITOR
Volume 9 № 7
, 2023
Rubrics: THEORY AND PRACTICE OF AUDIT
Authors:
1.
Vyatka State Agrotechnological University
(Department of Accounting and Finance, Assistant Professor)
Kirov, Kirov, Russian Federation
Kirov, Kirov, Russian Federation
Type:
Article
Pages:
from 18
to 24
Status:
Published
Received:
13.06.2023
Accepted:
29.06.2023
Published:
16.08.2023
Subject area:
UDK 657.63.011.1 Цель ревизии книг
Language:
Russian
Keywords:
risk of material misstatement, internal control system, controls, inherent risk, risk of controls, auditor’s working documents
Abstract (English):
The article presents the author’s methodology for identifying the risks of material misstatement, based on the requirements of regulatory legislation in the fi eld of audit. Th e process of reflecting the results of the audit survey in the working documentation is considered. Attention is focused on the individual components of the audit file in order to detail the data obtained and combine them into a single information flow. The main problematic aspects in the formation of the auditor’s working documentation in terms of identifying and assessing the risks of material misstatement are analyzed.
The article presents the author’s methodology for identifying the risks of material misstatement, based on the requirements of regulatory legislation in the fi eld of audit. Th e process of reflecting the results of the audit survey in the working documentation is considered. Attention is focused on the individual components of the audit file in order to detail the data obtained and combine them into a single information flow. The main problematic aspects in the formation of the auditor’s working documentation in terms of identifying and assessing the risks of material misstatement are analyzed.
Keywords:
risk of material misstatement, internal control system, controls, inherent risk, risk of controls, auditor’s working documents
risk of material misstatement, internal control system, controls, inherent risk, risk of controls, auditor’s working documents
1. Nesterov D.N., Goryacheva D.I. Modeli ocenki riskov suschestvennogo iskazheniya na urovne predposylok v celyah razrabotki auditorskih procedur // Kazanskiy ekonomicheskiy vestnik. - 2019. - № 6 (44). - S. 61-67.
2. Reznichenko D.S. Vyyavlenie i ocenka riskov suschestvennogo iskazheniya s uchetom peresmotrennogo mezhdunarodnogo standarta audita 315 // Vestnik Akademii znaniy. - 2022. - № 4 9 (2). - S. 244-251.
3. Yudinceva L.A. Auditorskie dokazatel'stva kak ob'ektivnaya osnova mneniya auditora // Buhgalterskiy uchet v byudzhetnyh i nekommercheskih organizaciyah. - 2019. - № 20 (476). - S. 21-31.
