Summary of systematised views on audit information systems. Based on significant research, the authors outlines his views on the opportunities for applying the given area of audit in an operating environment where business entities are under the continuous influence of external forces. The article highlights the substantial advantages in applying management systems for such entities.
The article provides for directions and procedures for reviewing internal controls of organisations that are subjects of financial monitoring, for the purposes of anti-money laundering and combating the financing of terrorism. It also covers the problems associated with evidence gathering activity related to reliability of internal controls for the purposes of anti-money laundering and combating the financing of terrorism during the audit.
Disputable matter arising under external review of audit quality at audit organisations that provide auditing services to public interest entities has been considered. An option of solving the disputable matter has been provided.
ILYSHEVA N.N., KRYLOV S.I.
The article deals with the issue of improving analysis of IFRS financial statements (IFRS reporting). Based on a synthesis of international and domestic experience, the article suggests an original approach to analysing IFRS reporting that permits breaking the analytical process down into four sequential and interrelated stages: preparatory, interpretive, analytical and forecasting.
MARTYNOVA T.A., GREKHOVODOVA A.V.
The article discusses methods regarding auditors' obligations when auditing financial statements concerning the relevance of going concern assumptions based on net asset valuation.
When preparing and auditing IFRS financial statements, it is not only completeness which matters, but also the grounds for recognition of liabilities. In practice, the scope of an audit can often stray far from the requirements of the standards themselves, including excessive recognition of expenses and liabilities, which may affect the quality of financial reporting. This article explains the approach applied for accruing liabilities in accordance with IFRS principles. The author also discusses a fairly widespread practice - creating dedicated reserves for audit expenses. Examples and more complex case studies are cited to illustrate when liabilities should or should not be accrued.
SLOBODNYAK I.A., KOPYLOVA E.K.
The article proposes a system of metrics for assessing inventory results. It also suggests a series of interrelated measures using absolute and relative metrics. The author highlights the possibility of using concrete examples of factor analysis for determining the importance of factors on economic metric levels.
В статье рассматривается вопрос расходов на рекламу строительного оборудования по информационно-коммуникационной сети
Статья посвящена замечательному бухгалтеру, члену редколлегии нашего журнала профессору В.Ф. Палию. В ней рассматривается ряд положений работ в области теории бухгалтерского учета, обсуждается его видение проблем определения предмета и метода бухгалтерского учета; рассматриваются взгляды на построение системы счетов и разработку Плана счетов; подходы к оценке учетных объектов; трактовка метода балансового обобщения; разработки в области учета новых для экономики России объектов и операций; представление базовых аспектов организации и методологии управленческого учета; мнение относительно содержания концептуальных основ и практической применимости МСФО; позиция относительно современных проблем теории бухгалтерского учета.This article is dedicated to a brilliant accountant and member of our magazine's editorial board: Professor V.F. Paliy. It covers a number of his works relating to the theory of accounting, as well as perspectives on the issue of defining accounting methods. Views on the development of a system of accounts and the Chart of Accounts are also discussed, along with valuation approaches to accounting items, interpreting methods of balance sheet summarisation and developing accounting systems for assets and transactions that were previously unfamiliar in Russian economic life. The piece also deals with the basic organisation and methodology of management accounting, views on the conceptual framework and practicalities of International Financial Reporting Standards (IFRS), and, lastly, reflections on current issues in the theory of accounting.