Analysis of the state of the current state audit model in Kazakhstan at the present stage

Abstract

At the present stage of the global development of inter-farm relations in the economy, Kazakhstan urgently needs to improve the mechanisms of influence of states on socio-economic issues. The implementation of a state audit that meets international standards and includes an audit of financial statements, compliance and effectiveness is also included in the Concept of the new budget policy of the Republic of Kazakhstan. The current model of a state audit in Kazakhstan began in 2015 with the adoption of the Law of the Republic of Kazakhstan “On State Audit and Financial Control”. The studies have examined rather deeply many of the problematic issues of state audit: the ways of introducing modern forms and types of audit and control, such as strategic audit, audit of the effectiveness of the use of budget funds, assessment of strategic plans of government agencies and the activities of the quasi-public sector and their impact on economic development. In general, the state audit is seen as a holistic and independent assessment of the effectiveness of the audit facilities, covering not only financial issues, but also all areas of their activities with the provision of effective recommendations based on identified shortcomings and proposals for risk management. This article discusseAt the present stage of the global development of inter-farm relations in the economy, Kazakhstan urgently needs to improve the mechanisms of influence of states on socio-economic issues. The implementation of a state audit that meets international standards and includes an audit of financial statements, compliance and effectiveness is also included in the Concept of the new budget policy of the Republic of Kazakhstan. The current model of a state audit in Kazakhstan began in 2015 with the adoption of the Law of the Republic of Kazakhstan “On State Audit and Financial Control”. The studies have examined rather deeply many of the problematic issues of state audit: the ways of introducing modern forms and types of audit and control, such as strategic audit, audit of the effectiveness of the use of budget funds, assessment of strategic plans of government agencies and the activities of the quasi-public sector and their impact on economic development. In general, the state audit is seen as a holistic and independent assessment of the effectiveness of the audit facilities, covering not only financial issues, but also all areas of their activities with the provision of effective recommendations based on identified shortcomings and proposals for risk management. This article discusses the theoretical foundations, models and types of state audits in the Republic of Kazakhstan, as well as the possibility of applying international experience in the development of the Kazakhstan model a state audit.