Забезпечення якості аудиту в Європейському Союзі (досвід Угорщини) ; Audit quality assurance in the European Union (Hungarian experience)

Abstract

У статті досліджено питання посилення довіри до інституту зовнішнього аудиту в Європейському Союзі шляхом проведення системних реформ, спрямованих на забезпечення якості аудиторських послуг. Представлено основні напрями реформ аудиторської діяльності в Європейському Союзі. Оцінено якість та достовірність аудиторських послуг в Угорщині за період 2014-2018 рр. Зроблено висновок про те, що процес контролю якості аудиту був реформований в Угорщині відповідно до вимог нової Директиви та Регламенту Європейського Союзу, а створення органу за контролем аудиторської діяльності і трансформація основ попередньої системи привели до підвищення якості у сфері забезпечення цих послуг в Угорщині. ; The article explores the issues of confidence increase to the institution of European Union's external audit through systematic reforms aimed at ensuring the quality of audit services. The main directions of auditing reforms in the European Union are presented. The reform of the EU audit regulation has started in order to increase confidence in the integrity of the financial statements. In recent years, international and domestic corporate and audit scandals have emphasized the importance of auditing, so auditor independence and the quality of audit work have become a central issue again. On the one hand, companies and financial institutions went bankrupt, and on the other, the reputation of the audit profession and public confidence in the audit were shaken. During these years there were professional conferences, discussions, rethinking of laws and norms, which are generally needed to restore confidence in the institute of auditors.The assurance system of audit quality by the Chamber of Hungarian Auditors is based on its internal quality control rules. The tasks of ward control are to audit the quality assurance system of auditors, to control the quality of specific components of audits and audit findings. The quality and reliability of the audit services in Hungary for the period 2014-2018 are evaluated. External quality control is provided by a professional body of institutional regulation, whose reliable functioning ensures increasing confidence in the audit profession by maintaining uniform standards and quality of audit work that meets public expectations. The existence of three external quality control subsystems have been proven: a monitoring system, a peer review system and a mixed system, which is a combination of the last two.It's found that the audit reform has broaden the role and powers of Audit Chambers, which are essential for effective implementation of the new audit rules.It is concluded that the audit quality control process has been reformed in Hungary in accordance with the requirements of the new directive and regulation of the European Union. Thus creating an audit control authority and transforming the foundations of the previous system have led to the improvement of the quality assurance system. According to the Chamber of Hungarian Auditors' data on quality assurance, the audit problem requires the implementation of a regulatory oversight package that will enhance the credibility and value of audit activity in Hungary and other EU Member States. The experience of audit quality assurance in developed countries can be implemented in the current realities of Ukraine's European integration process.