THE SIGNIFICANCE OF THE AUDIT PROFESSION IN THE FINANCIAL ANALYSIS OF AGRICULTURAL ENTERPRISES OF THE REPUBLIC OF SERBIA

Ognjen Bakmaz, Biljana Bjelica, Ljubica Ivic, Dejan Volf and Aleksandar Majstorovic
Additional contact information
Ognjen Bakmaz: COLLEGE OF BUSINESS ASSISTANCE SOKOLAC, 71350, BOSNIA AND HERCEGOVINA
Biljana Bjelica: COLLEGE OF BUSINESS ASSISTANCE SOKOLAC, 71350, BOSNIA AND HERCEGOVINA
Ljubica Ivic: OPPORTUNITY BANK, 2100 NOVI SAD, SERBIA
Dejan Volf: FACULTY OF ECONOMICS AND INDUSTRIAL MANAGEMENT, 2100 NOVI SAD, SERBIA
Aleksandar Majstorovic: FACULTY OF ECONOMICS AND INDUSTRIAL MANAGEMENT, 2100 NOVI SAD, SERBIA

Annals - Economy Series, 2017, vol. 3, 117-123

Abstract: The primary function of the audit is that their activities and tasks focus on providing services to the management that it could more optimally and as realistic as possible to void the company. This contributes to the company can exercise its existence in the market. So the assumption is that a true and correct financial and other reports to management on the one hand, but on the other report I must be true to state authorities. Subject reporting agricultural and other enterprises are widely regulated and applicable to a wide range of issues within the company. The audit of its activities continuously and becomes more and more important to improve the security business decision-making in enterprises in the Republic of Serbia. It is expected to be completed in the coming years to begin the process of privatization of a large number of public companies, companies in bankruptcy and other. In all of these audits as a profession needs to launch a series of technical issues connecting to improve the true financial and any other reporting. This is especially important to be true, according to the state bodies of the Republic of Serbia, banks, and financial international and other organizations.

Keywords: audit; financial analysis company. (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:cbu:jrnlec:y:2017:v:3:p:117-123

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