Current Trends in Regulating Activities of the Audit Market Entities
DOI: 10.33917/es-8.166.2019.30-37
The article dwells on the current trends in regulating activities of the audit market entities, resulting from peculiarities of the current stage in development of the audit services market in Russia. The subjects of audit activity are auditors and audit organizations, in particular, companies providing audit services to socially significant economic entities: credit and insurance organizations, non-state pension funds, state-owned companies, state-owned corporations, organizations with a state ownership share of over 25%, as well as companies disclosing their consolidated financial statements. Among the main dysfunctions of the audit services market, that influence the regulation of audit entities, the author underlines less attractiveness of the audit profession for young professionals, an annual decrease in the number of auditors and audit organizations, uneven distribution of the number of clients and revenues in the audit market and prices dumping for audit services. Based on the analysis results, the author suggests ways for improving the audit regulation in Russia, paying special attention to the need for greater interaction of audit regulatory entities — the state and self-regulatory organizations of auditors
References:
|
1. Federal’nyi zakon ot 30 dekabrya 2008 g. N 307-FZ “Ob auditorskoi deyatel’nosti” [Federal Law of December 30, 2008 N 307-FZ “On Auditing Activities”]. Konsul’tantPlyus, available at: http://www.consultant.ru/document/cons_doc_LAW_83311. 2. Sudakov S.V. Regulirovanie auditorskoi deyatel’nosti v Rossiiskoi Federatsii [Audit Regulation in the Russian Federation]. Ekonomicheskii analiz: teoriya i praktika, 2007, no 16, available at: https://cyberleninka.ru/article/n/regulirovanie-auditorskoy-deyatelnosti-v-rossiyskoy-federatsii-1. 3. Ershova I.V., Ershov A.A. Pravovoe regulirovanie auditorskoi deyatel’nosti v Rossiiskoi Federatsii [Legal Regulation of Auditing in the Russian Federation]. Moscow, ID “Yurisprudentsiya”, 2011, pp. 278–278. 4. Bulgakova L.I. Audit v Rossii: mekhanizm pravovogo regulirovaniya [Audit in Russia: Legal Regulation Mechanism]. Moscow, Wolters Kluwer Russia, 2005, 256 p. 5. Mitin A.I. Vneshnii kontrol’ kachestva auditorskikh proverok: problemy, tseli i perspektivy razvitiya [External Quality Control of Audits: Problems, Goals and Development Prospects]. Auditorskie vedomosti, 2001, no 8, pp. 192–204. 6. Anokhova E.V. Perspektivy razvitiya sistemy vneshnego kontrolya kachestva audita v Rossii [Prospects for Developing the External Audit Quality Control System in Russia]. Auditor, 2013, no 1, pp. 72–76. 7. Bezdol’naya T.Yu., Vovchenko E.V. Rol’ kontrolya kachestva auditorskikh uslug v Rossii [The Role of Quality Control of Audit Services in Russia]. V sb. nauchnykh trudov po materialam XII mezhdunarodnoi nauchno-prakticheskoi konferentsii studentov, aspirantov i molodykh uchenykh “Prognozirovanie innovatsionnogo razvitiya natsional’noi ekonomiki” [Materials of the XII International Scientific-practical Conference of Students, Graduate Students and Young Scientists “Forecasting the Innovative Development of National Economy”]. Stavropol’, 2016, December, 19. Stavropol’, Institut druzhby narodov Kavkaza, 2016, p. 19. 8. Bezdol’naya T.Yu., Kuz’minykh S.Yu. Vneshnii kontrol’ kachestva raboty auditorov i auditorskikh organizatsii [External Quality Control of Auditors and Audit Firms]. V sb. nauch. statei po materialam Vserossiiskoi nauchno-prakticheskoi konferentsii “Ekonomicheskii analiz i audit: teoriya i praktia” [Materials of the All-Russian Scientific and Practical Conference “Economic Analysis and Audit: Theory and Practice”]. Stavropol’, 2013, November, 21–22. LitRes, 2017, p. 52. 9. Vasil’eva E.A. Kontrol’ kachestva audita v Rossii i za rubezhom [Audit Quality Control in Russia and Abroad]. Regionologiya, 2013, no 2, pp. 32–38. 10. Shchepot’ev A.V., Belkin A.N. Samoreguliruemye organizatsii — chast’ gosudarstvennykh kontrol’nykh funktsii [Self-regulatory Organizations — Part of the State Control Functions]. Pravo i ekonomika, 2008, no 7, pp. 14–21. 11. Baimuratova Z.M. Samoreguliruemye organizatsii v sfere predprinimatel’skoi deyatel’nosti: administrativno-pravovoi aspekt [Self-regulatory Organizations in the Field of Entrepreneurship: Administrative and Legal Aspects]. Avtoref. dis. … kand. yur. nauk. Moscow, 2010. 12. Sannikova I.N. Professional’nye samoreguliruemye organizatsii v Rossii: ozhidaniya i real’nost’ [Professional Self-regulatory Organizations in Russia: Expectations and Reality]. Mezhdunarodnyi bukhgalterskii uchet, 2011, no 17, pp. 8–14. 13. Grachev D.O. Pravila samoreguliruemykh organizatsii [Rules of Self-regulatory Organizations]. Zakony Rossii: opyt, analiz, praktika, 2009, no 2, pp. 16–21. 14. Petrov D.A. Pravovoi status samoreguliruemoi organizatsii v sfere predprinimatel’stva [Legal Status of a Self-regulatory Organization in the Field of Entrepreneurship]. Saint Petersburg: Nestor-Istoriya, 2015, p. 320. 15. Pozdnysheva E.V., Sinitsyn S.A. Sootnoshenie metodov gosudarstvennogo regulirovaniya i samoregulirovaniya [Correlation of State Regulation and Self-regulation Methods]. Zhurnal rossiiskogo prava, 2016, no 11, pp. 71–79. 16. Ukaz Prezidenta RF ot 22 dekabrya 1993 g. N 2263 (red. ot 26 noyabrya 2001 g.) “Ob auditorskoi deyatel’nosti v Rossiiskoi Federatsii” (vmeste s “Vremennymi pravilami auditorskoi deyatel’nosti v Rossiiskoi Federatsii”) [Decree of the RF President dated December 22, 1993 No. 2263 (as Amended on November 26, 2001) “On Auditing Activities in the Russian Federation” (Together with the “Interim Rules for Auditing Activities in the Russian Federation”)]. Konsul’tantPlyus, available at: http://www.consultant.ru/document/cons_doc_LAW_2868/ 17. Rasporyazhenie Prezidenta RF ot 4 fevralya 1994 g. N 54-rp (red. ot 4 maya 1994 g.) “Ob organizatsii raboty Komissii po auditorskoi deyatel’nosti pri Prezidente Rossiiskoi Federatsii” [Decree of the RF President of February 4, 1994 No. 54-rp (as Amended on May 4, 1994) “On Organizing the Work of the Audit Commission under the President of the Russian Federation”]. Konsul’tantPlyus, available at: http://www.consultant.ru/document/cons_doc_LAW_3080/ 18. Postanovlenie Pravitel’stva RF ot 6 marta 1998 g. N 273 (red. ot 27 avgusta 2003 g.) “Ob utverzhdenii Polozheniya o Ministerstve finansov Rossiiskoi Federatsii” [Decree of the RF Government Dated March 6, 1998 No. 273 (as Amended on August 27, 2003) “On Approving the Regulation on the Ministry of Finance of the Russian Federation”]. Konsul’tantPlyus, available at: http://www.consultant.ru/document/cons_doc_LAW_18110/ |