Armonizarea procesului de supraveghere a activității de audit din Republica Moldova la normele europene

Abstract

Improving the legislative and normative framework in line with the European norms in various fields, including the audit, is the basis for the continuation of scientific investigations on the harmonization of the audit with the good European audit practices of the financial statements. Since the beginning of this year, the Audit of Financial Statements Act has been in force, the Council's Public Audit Board's Activity Regulation has been drafted, having as its basis the Concept of Transposition of the Audit Directive into National Legislation. Therefore, it is appropriate to carry out a continuity of scientific investigations on the priority directions for harmonizing the audit work with European best practices. The views and proposals will aim at examining how to transpose European requirements into the regulation and supervision of the domestic audit activity. Scientific investigations in this area are beneficial for improving the regulatory framework of audit quality by adjusting them to European standards. The study also aims to express an opinion on the advantages and disadvantages of these developments in harmonizing the auditing profession with international practices. The research is expected to analyze the normative acts in the field, the good international practices in the exercise of the auditing profession, aiming at highlighting the role of reforms in ensuring the quality of services in this field. Thus, the research in question is an empirical investigation to determine whether new alignments in the audit practice determine the performance of the audit engagement in the context of current professional standards. CZU: 657.6(478):061.1 EU ;JEL: M42.