Organization and audit process of the quasi-public sector

2023

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DOI 10.32523/2079-620x-2020-4-175-183
Data confidence 70 medium
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Abstract

The paper describes the questions on organization of an audit of subjects of the quasipublic sector in the Republic of Kazakhstan, to which enterprises are a participant or stateshareholder. The organization of the audit is determined in order to establish basic principlesand requirements for the audited organization. The audited organization is the Kazakhstanihydrocarbon exploration, production, processing and transportation operator, representing theinterests of the state in the oil and gas industry of Kazakhstan - the joint-stock company NationalCompany KazMunayGas. In carrying out its activities, the audit organization seeks to complywith International Standards on Auditing. One of the main principles of the work of auditorsis independence and objectivity. The activities of auditors are evaluated according to the resultsof each project by the head of the audit engagement. In conclusion, the management of the auditorganization summarizes and analyzes information to improve work efficiency and improve theaudit planning process.