Supravegherea calităţii serviciilor de audit: posibilităţi şi realităţi

Abstract

This paper provides an overview of the current regulatory frameworks for financial reporting and auditing in the Republic of Moldova. During the last years these frameworks were noticeably changed. These changes arose especially from political interest in accounting regulation following the BC "Investprivatbank" S.A., BC "Universalbank" S.A collapse. Effective oversight of the independent audits is critical to the reliability and integrity of the financial reporting process. The ideas set out in this paper are intended to assist securities market regulatory authorities, and other authorities with responsibility for auditor oversight, in developing and enhancing regulatory structures for auditor oversight in the wide range of different legal, business and professional environments. CZU: 657.6:006.