Procedures of auditor’s proofs obtaining

Economic Annals-ХХI: Volume 138, Issue 1-2(2), Pages: 60-63

Citation information:
Podolianchuk, O. (2014). Procedures of auditor’s proofs obtaining. Economic Annals-XXI, 1-2(2), 60-63. https://ea21journal.world/index.php/ea-v138-15/

Olena Podolianchuk
PhD (Economics),
Assistant Professor,
Vinnytsia National Agrarian University
3 Soniachna St., Vinnytsia, 21008, Ukraine
podolianchuk_l@i.ua

Procedures of auditor’s proofs obtaining

Abstract. Auditor’s judgement on the authenticity of financial reporting is based on the proofs confirming statements of management. An auditor can obtain proofs by choosing and applying the appropriate auditing procedures.

Scientific approaches and regulations of standard documents on the essence and application of procedures, methods, ways and modes are examined in the article. It is found out that the basis for the researched categories is the term «auditor’s action». The variety of interpretations of auditor’s actions, which are characterized under different terms, makes difficult establishing interrelations between the tasks, which the auditor has to perform in accordance with the terms of the contract, and the procedures to be followed for obtaining auditor’s proofs.

In the result of the carried out research the essence of the investigated categories was defined and auditing procedures as the basis for obtaining auditor’s proofs were marked out. Clear subordination of terms was determined giving the opportunity to substantiate the relationship between auditing procedures mentioned in the international auditing standards, and the classification of methods, ways and modes used in the domestic auditing theory and practice. As the basis for theoretical and practical research on the auditor’s actions aimed at obtaining proofs, the author suggests determination and application of auditing procedures mentioned in the international standards.

Keywords: Auditing Procedures; Procedures; Methods; Techniques and Methods of Audit; International Standards of Audit

JEL Classification: D83; D89; М40; М41; M49; Z00

References

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Received 22.10.2013