Professional ethics of auditor in Ukraine and in the world.

Abstract

Considering the significant role of independent audit as a form of public control of the reliability of information of significant economic entities, the importance of researching the ethics of a professional accountant is substantiated. The purpose of this paper is to provide a comparative analysis of the regulation of ethics of an independent auditor in Ukraine and abroad in terms of finding possible ways of improvement. The article examines the principles of auditor ethics in accordance with international requirements and in terms of the implementation of the Code of Ethics of Professional Accountants of the International Federation of Accountants in domestic law. Consideration of the essence of professional regulation of audit activity in the UK and the US allowed to form the peculiarities of domestic regulation of the profession and to develop directions for its improvement. According to the results of the study, conclusions were drawn, directions for further development of the problem were proposed.