THE Zones of turbulence in the Russian audit market

 

Karagod V.S. ¹, Golubeva N.A. ², Erokhina E.I.³

¹ Doctor of Economic Sciences, Professor, The National Research Nuclear University "MEPhI", Russia, v.karagod@yandex.ru 

² Candidate of Economic Sciences, Docent, Peoples' Friendship University of Russia, Russia, golubeva_na@pfur.ru

³Postgraduate, Peoples' Friendship University of Russia, Russia, erokhinaei@mail.ru

 

Abstract

The situation that arose on the Russian auditing market became the subject of analysis of this publication. Long-term monitoring of the processes of audit services that arose on the Russian market allowed the authors to determine and critically comprehend the cause-effect relationships of the existing crisis phenomena and errors in the regulation of audit activities.

The purpose of the research was to identify the features and patterns development of the Russian audit market, clarifying and systematizing the main crisis zones of regulatory legal regulation of audit activities in Russia.

Results: The authors presented detailed analysis of the development and the state of the Russian audit market, the main factors under which it developed and its main problems.

Keywords: auditor activity, the market of auditor services.