Received:
2018-03-22 | Accepted:
2018-08-05 | Published:
2018-09-30
Title
Methodological provision for the assessment of audit risk during the audit of tax reporting
Abstract
The problematics and the goal of the research: The lack of theoretical foundations as well as the practical necessity for organizations to create a methodology for assessing the audit risk in carrying out the audit of tax reporting, determined the research objective: the development of theoretical and practical recommendations regarding the methodological provision for the assessment of audit risks as well as the methodology for establishing the relationship between the adequate tax reporting and the managerial decisions of owners on the basis of tax audit results. Methods used: a method based on the theory of fuzzy sets and the basics of the theory of information asymmetry. Results achieved: the development of a methodology for assessing an audit risk in carrying out the audit of tax reporting and establishment of relationship between the theory of information asymmetry and the effectiveness of the users’ managerial decisions. The conclusions of the research: practical implementation of the methodology in organizations with different taxation systems has proved the relationship between the theory of information asymmetry and optimization of the users’ managerial decisions. The practical benefits from the obtained results make it possible to increase the efficiency of organizations' activities and to confirm to the tax authorities the timeliness of the calculation and payment of taxes. These methods are the basis for the development of a theory for assessing audit risks in carrying out tax audits.
Keywords
methodological provision, qualitative assessment, audit risk, tax audit, tax reporting, asymmetric information
JEL classifications
H20
URI
http://jssidoi.org/jesi/article/226
DOI
HAL
Pages
371-397
This is an open access issue and all published articles are licensed under a
Creative Commons Attribution 4.0 International License
Authors
Tarasova, Victoria I.
Saratov Socio-Economic Institute of Plekhanov Russian University of Economics, Saratov, Russian Federation
http://www.seun.ru
Mezdrykov, Yuri V.
Saratov Socio-Economic Institute of Plekhanov Russian University of Economics, Saratov, Russian Federation
http://www.seun.ru
Efimova, Svetlana B.
Saratov Socio-Economic Institute of Plekhanov Russian University of Economics, Saratov, Russian Federation
http://www.seun.ru
Fedotova, Elena S.
Saratov Socio-Economic Institute of Plekhanov Russian University of Economics, Saratov, Russian Federation
http://www.seun.ru
Dudenkov, Dmitry A.
Saratov Socio-Economic Institute of Plekhanov Russian University of Economics, Saratov, Russian Federation
http://www.seun.ru
Skachkova, Regina V.
Saratov Socio-Economic Institute of Plekhanov Russian University of Economics, Saratov, Russian Federation
http://www.seun.ru
Journal title
Entrepreneurship and Sustainability Issues
Volume
6
Number
1
Issue date
September 2018
Issue DOI
ISSN
ISSN 2345-0282 (online)
Publisher
VšĮ Entrepreneurship and Sustainability Center, Vilnius, Lithuania
Cited
Article views & downloads
HTML views: 6292 | PDF downloads: 3017
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