Organization and audit process of the quasi-public sector

Abstract

The paper describes the questions on organization of an audit of subjects of the quasipublic sector in the Republic of Kazakhstan, to which enterprises are a participant or state shareholder. The organization of the audit is determined in order to establish basic principles and requirements for the audited organization. The audited organization is the Kazakhstani hydrocarbon exploration, production, processing and transportation operator, representing the interests of the state in the oil and gas industry of Kazakhstan - the joint-stock company National Company KazMunayGas. In carrying out its activities, the audit organization seeks to comply with International Standards on Auditing. One of the main principles of the work of auditors is independence and objectivity. The activities of auditors are evaluated according to the results of each project by the head of the audit engagement. In conclusion, the management of the audit organization summarizes and analyzes information to improve work efficiency and improve the audit planning process.