THE NEED TO INTRODUCE A SYSTEM OF STATE AUDIT IN KAZAKHSTAN

Abstract

One of the most effective mechanisms of the state audit is the compliance audit (financial control), which consists in assessing compliance with the legislation by the audited entity, including legal acts regulating its activities.

As already noted above, the Accounts Committee performs a compliance audit:

1) the activities of the object of state audit on the use of budgetary funds and national resources;

2) the reliability and correctness of the accounting and preparation of financial statements by the object of the state audit;

3) fulfillment by state bodies and subjects of the quasi-public sector of the terms of contracts;

Consideration of the main aspects of the development of state audit in Kazakhstan requires consideration primarily of the content of the concepts of "state financial control" and "state audit". This necessity is due to the fact that the main components of the state audit system and the procedures for their implementation were determined on the basis of studying the mechanism of functioning of the current system of state financial control.