THE DIGITAL AUDIT AS A KEY ELEMENT OF UKRAINE`S WAY OUT FROM COVID-19

Abstract

The article examines the impact of digitalization on audit development and determines the prospects for its development under such conditions. The author of this article determined conditions and suggested recommendations for the development of audit efficiency under automation. The elements that affect the mechanism of audit digitization and the possible directions for the development of audit functions in the computerized sphere are identified. The author of this article analyzed the classification of audit information technologies and the circumstances of audit software development. Factors that hinder audit automation are identified. A new level in the audit environment is its digitalization. This level is rapidly developing at Ukrainian enterprises, as almost all enterprises use an automated accounting method. Auditors use programs of various orders that must meet the requirements of the modern world. It is digitalization that will become an important component for audit firms seeking to increase their competitive advantage and take positions in the audit services market.

Keywords

• audit
• digitization
• covid-19
• development
• software