Source: http://baltijapublishing.lv/index.php/issue/article/view/576
Timestamp: 2019-04-26 15:47:16+00:00

Document:
Purpose. In December 2016, the updated INTOSAI standards for government auditing were enacted that provided a methodological basis for conducting various forms of public audit, in particular, public compliance auditing. The use of ISSAIs is aimed at maintaining high-quality control measures to ensure the public administration system accountability and transparency. The aim of the research is to consider the current state and prospects of introducing the public compliance auditing into the practice of the Supreme Audit Institution in Ukraine. Design/ methodology/approach. The methodological basis of the study was to conduct the best practices comparative analysis in public auditing and to implement the desktop study of theoretical scientific researches, open analytical data produced by governmental and non-governmental bodies. Findings. The analysis of the Accounting Chamber of Ukraine’s reports proved that the control activities contained the compliance auditing elements. In this context, a proper legal framework for carrying out compliance auditing is not yet established and the appropriate methodological developments are not available. The author believes that implementing the ISSAI standards for the public compliance auditing may be accelerated due to the step-by-step implementation of the activities proposed. Practical implications. The specific recommendations on implementing the compliance auditing in accordance with the ISSAI standards requirements are important to regulators. Originality/value. The study can be the basis for further research in the field of the public compliance auditing theory and methodology, and the results may be useful for practitioners.
Accounting Chamber of Ukraine (ACU) (2016). Annual Reports of the Accounting Chamber. Retrieved from: http://www.ac-rada.gov.ua/control/main/en/publish/category/32832 (accessed 23 May 2017).
Arens, A. A., Elder, R. J., Beasley, M. S. (2012). Auditing and assurance services: an integrated approach, 14th ed., Pearson.
Bardash, S., Osadcha, T. (2012). State financial control in Ukraine: current conditions, problems and ways of improvement, in European Science and Technology proceeding of the II international research and practice conference in Wiesbaden, Germany, 9-10 May, 2012, Vol. I, Publishing office “Bildungszentrum Rodnik e. V.”, Wiesbaden.
Bardash, S. V. (2010). Economic control in Ukraine: systematic approach, Kyiv National University of Trade and Economics, Kyiv.
Barzelay, M. (1997). Central Audit Institutions and Performance Auditing: A comparative Analysis of Organisational Strategies in the OECD. Governance, 10(3), 235-260.
Bowerman, M., Humphrey, C. and Owen, D. (2003). Struggling for supremacy: the case of UK public audit institutions, Critical Perspectives on Accounting, 14(1-2), 1-22.
Dye, K. M., Stapenhurst, R. (1998). Pillars of Integrity: the Importance of Supreme Audit Institutions in Curbing Corruption. The Economic Development Institute of the World Bank, Washington.
Dykan, L. V. (2011). State Audit, Knowledge, Kyiv.
Funnell, W. (1994). Independence and the State Auditor in Britain: A constitutional keystone or a case of reified imagery? Abacus, 30(2), 175-194.
Gomes, M. B. (2001). Performance Audit Argument: a Public Management Policy Analysis about Supreme Audit Institutions Role. XV Concurso de Ensayos del CLAD “Control y Evaluacion del Desempeno Gubernamental”. Caracas.
Hood, C. (1995). The 'New Public Management' in the 1980s: variations on a theme. Accounting, Organizations and Society, 20(2-3), 93-109.
Hua‐Wei, H. (2009). Sarbanes‐Oxley section 404 compliance: Recent changes in US‐traded foreign firms' internal control reporting. Managerial Auditing Journal, 24(6), 584-598.
Jones, R., Pendlebury, M. (2000). Public Sector Accounting, 5th ed., Prentice Hall, London.
Khmelkov, V. Andriy (2016). Audit Chamber of Ukraine as an agent within public finance control institute. Actual Problems of Economics, 5(179), 370-381.
Lenz, R., Hahn, U. (2015). A synthesis of empirical internal audit effectiveness literature pointing to new research opportunities. Managerial Auditing Journal, 30(1), 5-33.
Mayne, John (2006). Audit and evaluation in public management: challenges, reforms, and different roles. Canadian Journal of Program Evaluation, 21(1), 11-45.
Mintzberg, H. (1980). Structure in 5’s: A Synthesis of the Research on Organization Design. Management Science, 26(3), 322-341.
Mnich, E. V., Bardash, S. V., Nazarova, K. O. (2015). Financial audit: information and analytical support. Kyiv National University of Trade and Economics, Kyiv.
Nevidomyi, V. (2016). Strengthening the institutional capacity of the Accounting chamber of Ukraine as an independent state audit institution. The Journal Finance of Ukraine, 1, 116-125.
O’Regan, D. (2004). Auditor’s Dictionary: Terms, Concepts, Processes, and Regulations, John Wiley & Sons. Inc., New Jersey.
Pearson, D. (2014). Significant reforms in public sector audit – staying relevant in times of change and challenge. Journal of Accounting & Organizational Change, 10(1), 150-161.
Pikhotskiy, V. F. (2016). The external state financial control over the activities of the executive power – an important factor in the protection of society. Business Inform, 2, 300-305.
Pollit, C. et al. (1999). Performance or Compliance? Performance Audit and Public Management in Five Countries. Oxford University Press, Oxford.
Reichborn-Kjennerud, K. (2013). Does performance auditing matter? The government administration’s response to the performance auditing of the Norwegian Office of the Auditor General. Ph.D. thesis, University of Bergen, Norway.
Ruffner, M., Sevilla, J. (2004). Public sector modernisation: modernising accountability and control. OECD Journal on Budgeting, 4(2), 123-141.
Sukhareva, L. O., Fedchenko, T. V. (2013). State audit efficiency: systematic, organization, methodology. DonNUET, Donetsk.

References: V. 
 V. 
 V. 
 V. 
 V. 
 V.