Ravshan Khaydarov,
Independent researcher of Tashkent Financial Institute,
Tashkent, Uzbekistan. Email: bankinfo@list.ru
ORCID: 0000-0002-2244-6914
Abstract. In this article, the auditors are texiruvlaring the quality of supervision, auditing activities for national standardization and audit nation is the standard of comparative analysis and audit quality today.
As a solution to the problems that have accumulated in the field of Quality Management, the IAASB has developed the following new international audit standards and revised one standard:
Quality Management for Firms that Perform Audits or Reviews of Financial Statements, or Other Assurance or Related Services Engagements (ISQM 1);
Engagement Quality Reviews (ISQM 2);
Quality Management for an Audit of Financial Statements (ISA 220).
The ISQM 1 is a standard close to the audit activity standard No. 5 in terms of its goals and objectives, and both standards are regulatory documents that are mandatory for audit organizations to fulfill. If the purpose of the standard in accordance with the national standard is to determine and establish the norms of control over the quality of the work of auditors, ISQM 1 requires the audit organization to develop, implement and maintain a quality management system.
The basic principles of quality control of the quality of the auditor’s work and the performance of assignments are presented in part in the national standard and expanded in the ISQM 2 and ISA 220.
One of the main changes in the standards for coordinating the quality of the audit is the transition from the concept of “audit quality control” to the concept of “audit quality management”.
The results of a comparative analysis can be used in audit organizations in the transition from the auditor’s work control system to the audit quality management system, in the development or redevelopment of internal standards of the audit organization.
Audit organizations of the republic should organize the study of new standards of the IAASB coordinating audit quality management by their employees and develop their internal documentation.
Key words. audit activity, audit services, audit function, quality management, quality control.