Business and Auditing Risk Assessment During Shipping Company Costs Audit

Yuliya Ostapenko ()
Additional contact information
Yuliya Ostapenko: Kyiv National Economic University named after Vadym Hetman

Oblik i finansi, 2013, issue 3, 99-106

Abstract: Risk as an economic category and business activity element is inherent to any information system including the accounting system. That is why during the audit of costs as one of the most significant aspects of company business activity, the auditor must pay close attention to determining and assessment of risk significance common for reporting system. The Article covers the risks which may occur during audit of shipping companies' costs and analysis of approaches to their significance rate assessment. Risk classification for shipping companies business has been proposed, places and reasons for their occurrence have been defined. Main factors affecting the risks volume have been highlighted. Audit risks general structure has been developed for audit of shipping company activity costs, its main components and relationship among them have been outlined. An attempt has been made to define principle directions of auditor's actions during audit risk assessment in water transport companies.

Keywords: risk; uncertainty; auditor's risk; risk assessment; cost audit; water transport companies (search for similar items in EconPapers)
JEL-codes: M42 (search for similar items in EconPapers)
Date: 2013
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.afj.org.ua/pdf/93-ocinka-rizikiv-biznes ... plavnih-kompaniy.pdf (application/pdf)
http://www.afj.org.ua/en/article/93/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:iaf:journl:y:2013:i:3:p:99-106

Access Statistics for this article

Oblik i finansi is currently edited by Valeriy Zhuk

More articles in Oblik i finansi from Institute of Accounting and Finance Contact information at EDIRC.
Bibliographic data for series maintained by Serhiy Ostapchuk ().