Institute of Audit in Russia: Challenges and perspectives

The represented results of the research are devoted to identification and endemism of the problems of formation and development of the Russian audit in the context of explanation of the need for reformation and speculative character of future changes connected with the quantitative limitation of professional associations of auditors and full transfer to the international auditing standards. Consideration of the current problems in definition of objectives for necessity of reforms in auditing activities regulation in Russia defined the main directions for the study. The applied methodology consists of the procedural methods which being used systematically allowed focusing on observation of this process formation and reformation of audit in Russia from the perspectives of fixation and fluctuation of this phenomenon in historical, institutional, comparative, monographic and analytical approaches towards the research. © 2017, by ASERS ® Publishing