REVIEW AND COMPARATIVE ANALYSIS OF QUALITY METHODS RISKS ASSESSMENT OF MATERIAL MISSTATEMENT DUE TO FRAUD IN FINANCIAL STATEMENTS AUDIT
Article provides an overview of the most famous in the foreign audit practice qualitative methods of risk assessment of material misstatement of the financial statements due to fraud. In the view of the authors, such methods of risk assessment as a «brainstorming», ABC analysis, the method of «red flags» etc. are considered. The results of modern foreign adaptation research qualitative methods of risk assessment to the peculiarities of auditing practices are presented. A comparative analysis of the methods are completed.