AUDITOR ACTIVITY IN AZERBAIJAN

Abstract

According to the international standards on auditing, an audit is an independent review of published financial statements or related financial information, regardless of whether the object is profitable or not, its size and organizational form, conducted for the purpose of forming future opinions. The Law of the Republic of Azerbaijan on "Auditor Service" states that an audit is an independent verification of accurate and correct accounting, accounting and financial reports in economic entities engaged in the production and sale of goods, service provision and work. Auditor activity - for the purpose of assessing the integrity of the accounting (financial) report and other documents of the economic entity and the compliance of the financial and economic operations with the legislation of the Republic of Azerbaijan aimed at protecting the interests of the owners, providing assistance to economic entities in the correctness of settlements and increasing the efficiency of their activities. reflects the independent verification carried out by the organizations. The auditor's services include inspection, expertise, analysis and explanatory opinion in the field of financial and economic activities of economic entities based on the contract, setting up accounting, confirming the integrity of reporting indicators and providing other services on financial and economic issues in accordance with the auditor's professional activity.