Actual problems of application of international audit standards in Russian practice
This article is devoted to the study of the problems of applying international standards of auditing (ISAS) in Russia. The authors identified the main problems of application of international audit standards in Russian practice, which include: insufficiency of qualified personnel, high costs of training (retraining staff), language barrier (difficulty in translation) the complete lack of special domestic computer programs, the complexity of the content and structure of international standards on auditing. Along with the programs the authors present the advantages of using international standards on auditing, which include: ensuring a uniform approach to auditing at the international level; establish trust from investors, creditors and shareholders; the comparability of audit results between companies and countries and guaranteed the competitiveness of Russian audit firms in the international arena; contributing to the support of international.