Methodological features of the audit of goods at retail enterprises

Abstract

The audit of goods is the largest part of the retail audit program, and therefore requires special attention. The article investigates topical issues of conducting the audit procedure for goods at retail enterprises, since in recent years there has been a tendency to increase the number of retail enterprises. In particular, the necessary directions for improving the audit procedure for audit companies operating on the territory of Ukraine have been identified. The article highlights the purpose of the audit of goods, with consideration to the characteristics of the retail trade. Also, based on the scientific research papers, an audit program has been developed that includes the main audit procedures and can be used by the audit team to conduct an audit. In addition to the program, the main sources of information are provided; on their basis, the audit of goods is carried out and the main economic operations of the retail enterprise are reflected. And peculiar methodology for auditing and inventory of goods for practical use in audit activities is offered. On the basis of International audit standards (ISAs), which are used in Ukraine as national standards, the main stages of audit of goods at retail enterprises are identified, which is of practical importance when planning an audit. Automation of audit is of great importance now, so the article considers possible ways to solve this issue, namely, the method of automated inventory of goods at retail enterprises has been developed, which will help the auditor to speed up the stage of physical verification.

Keywords

• goods
• retail trade
• audit program
• methodology
• procedure
• automation