Audit & Consulting market

Russian market of audit and consulting services 2016

In preparation for the Jubilee Conference «20 years of the project “Audit and Consulting”» of the rating agency RAEX (Expert RA) leaders and representatives of audit and consulting companies gave their interviews on current topics related to the events on the Russian market of audit and consulting services over the last 20 years.

Audit and consulting market in Russia 2016

In preparation for the Jubilee Conference «20 years of the project “Audit and Consulting”» of the rating agency RAEX (Expert RA) leaders and representatives of audit and consulting companies gave their interviews on current topics related to the events on the Russian market of audit and consulting services over the last 20 years.

Overview of the new auditor’s audit report under the ISA

The auditor’s report is the final output of the audit process. Many users of the financial statements and stakeholders have called to have a more informative and relevant auditor’s report. There has been increasing criticism over standardised wording and a request for audit reports to be more transparent and tailored to individual clients.

Statutory audit of an entity: eligibility criteria

In accordance with subparagraph 1, paragraph 1 of Article 5 “Statutory Audit” of Federal Law No. 307-FZ “On Auditing” dated December 30, 2008 (as amended on December 1, 2014) and the List of cases requiring the statutory audit of accounting (financial) statements for 2014 published by the Ministry of Finance of the Russian Federation on January 26, 2015, since 2015, an audit of annual accounting (financial) statements is mandatory for all companies established in the legal form of a joint-stock company, including closed joint-stock companies (CJSC).

Audit and Consulting 2014: Challenges

Anastasia Terekhina, АССА, Mazars Audit Department Manager, gave her expert opinion in the article “Audit and consulting 2014. Education of Auditors and Accountants“ in “Auditor” magazine (№3-2015).

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