INVESTMENTS IN SUBSIDIARIES AS A KEY AUDIT MATTER
Abstract and keywords
Abstract (English):
Th e article discusses the trend towards an increase in the audit reports of public joint-stock companies of key audit issues related to fi nancial investments in subsidiaries. Th e trends in the formation of key audit questions from one reporting period to another and the disclosure of the composition of audit procedures used by auditors to refl ect fi nancial investments in subsidiaries of audited entities and changes in their value associated with impairment are analyzed.

Keywords:
audit opinion, key issues of the audit, audit procedures, refl ection of fi nancial investments in subsidiaries in the accounting (fi nancial) statements, creation of a reserve for depreciation of fi nancial investments, recovery of the reserve for depreciation of fi nancial investments
References

1. Mezhdunarodnyy standart audita 701 «Informirovanie o klyuchevyh voprosah audita v auditorskom zaklyuchenii» (Prilozhenie № 31 k prikazu Minfina Rossii ot 09.01.2019 № 2n (v red. ot 30.12.2020 № 335n).

2. Sotnikova L.V. Kategoriya doveriya v buhgalterskom uchete i buhgalterskoy (finansovoy) otchetnosti: Monografiya. - M.: Izdatel'stvo KnoRus, 2021. - 260 s.

3. Sotnikova L.V. Klyuchevye voprosy v auditorskom zaklyuchenii: sostav, klassifikaciya, prioritety // Auditor. - 2020. - T. 6. - № 11.- S. 18-30.

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