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- Title
Audit of future environmental events in financial statements.
- Authors
EREMEEVA, Olga S.
- Abstract
The development of non-financial reporting and the active introduction of non-financial indicators into public accounting are driven by the needs of the users of accounting information. To improve the audit quality of this information, it is necessary to create a universal methodology for verifying the financial statements of enterprises that have a negative impact on the environment. The goal of this article is to present an original methodology for auditing financial statements that assess the reliability of reporting information on future events caused by environmental factors. The methodological basis of the research is the dialectical theory of scientific knowledge. This approach considers financial reporting with a focus on the interconnection and interdependence of all economic and financial processes in the audited organization. This article substantiates the audit approach considering environmental matters in a general manner in relation to the financial statements, rather than from an environmental audit outlook. The presented audit method focuses on environmental and economic interactions with financial activities, which makes it possible to assess the reliability of reporting information about future events caused by environmental factors. The study findings can be used by auditors when inspecting enterprises that pollute the environment, as well as by accountants and management when developing effective accounting to reflect environmental impacts.
- Subjects
FINANCIAL statements; GOVERNMENT accounting; ENVIRONMENTAL risk assessment; GOVERNMENT auditing; SCIENTIFIC knowledge; ENVIRONMENTAL management
- Publication
Revista Espacios, 2020, Vol 41, Issue 7, p313
- ISSN
0798-1015
- Publication type
Article