Особености на регулирането на одита
Characteristics of Audit Regulation

Author(s): Hristo Hristozov
Subject(s): Law, Constitution, Jurisprudence, Essay|Book Review |Scientific Life, Conference Report, Law on Economics
Published by: Нов български университет
Keywords: Audit; Audit Standards; Corporate Governance; Financial Control; Independent Financial Audit; Internal Audit; Regulatory Audit
Summary/Abstract: The report analyses the regulation of audit in Bulgaria as a form of legal control. The legal characteristics of the definition of the audit are reviewed. Different criteria for classification of the audit are elaborated. The audit as financial control is directed to finance and properties with public purpose. Audits are carried out for the purposes of the administrative regulation of business activity. Such regulatory audits are established within different specialized administrative supervision.The audit is one of the key mechanisms of the corporate governance for regulating horizontal, vertical and external conflicts. The auditors contribute significantly for confidence building and for optimal functioning of the markets, especially financial markets.

• Details
• Contents