Vulnerabilities of Financial Auditing and its Adaptation to the Current Needs of the Users
Starting from the premise that the great economic crises of the last decades were based on the great financial scandals that shook the world economy, I found that auditing in general, and the process of auditing financial statements, has started to be questioned. Thus, I believe that it is necessary...
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| Format: | Article |
| Language: | English |
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Sciendo
2023-12-01
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| Series: | Scientific Bulletin |
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| Online Access: | https://doi.org/10.2478/bsaft-2023-0020 |
| _version_ | 1797387240613085184 |
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| author | Floştoiu Sebastian |
| author_facet | Floştoiu Sebastian |
| author_sort | Floştoiu Sebastian |
| collection | DOAJ |
| description | Starting from the premise that the great economic crises of the last decades were based on the great financial scandals that shook the world economy, I found that auditing in general, and the process of auditing financial statements, has started to be questioned. Thus, I believe that it is necessary and obligatory to analyze whether financial audit, as it is now, is still suitable for modern society, i.e. whether its construction and methodology still meets the requirements of a constantly evolving market economy. Because of this, I considered it appropriate to carry out an analysis, aimed to identify new perspectives for the development of financial auditing in line with the requirements of a constantly changing market economy. |
| first_indexed | 2024-03-08T22:21:01Z |
| format | Article |
| id | doaj.art-34627244ef2a4c05889b54b26cd43673 |
| institution | Directory Open Access Journal |
| issn | 2451-3148 |
| language | English |
| last_indexed | 2024-03-08T22:21:01Z |
| publishDate | 2023-12-01 |
| publisher | Sciendo |
| record_format | Article |
| series | Scientific Bulletin |
| spelling | doaj.art-34627244ef2a4c05889b54b26cd436732023-12-18T12:44:46ZengSciendoScientific Bulletin2451-31482023-12-0128220520910.2478/bsaft-2023-0020Vulnerabilities of Financial Auditing and its Adaptation to the Current Needs of the UsersFloştoiu Sebastian01“NICOLAE BĂLCESCU” LAND FORCES ACADEMY, SIBIU, ROMANIAStarting from the premise that the great economic crises of the last decades were based on the great financial scandals that shook the world economy, I found that auditing in general, and the process of auditing financial statements, has started to be questioned. Thus, I believe that it is necessary and obligatory to analyze whether financial audit, as it is now, is still suitable for modern society, i.e. whether its construction and methodology still meets the requirements of a constantly evolving market economy. Because of this, I considered it appropriate to carry out an analysis, aimed to identify new perspectives for the development of financial auditing in line with the requirements of a constantly changing market economy.https://doi.org/10.2478/bsaft-2023-0020financial audit vulnerabilitiesaudit riskcurrent user needs |
| spellingShingle | Floştoiu Sebastian Vulnerabilities of Financial Auditing and its Adaptation to the Current Needs of the Users Scientific Bulletin financial audit vulnerabilities audit risk current user needs |
| title | Vulnerabilities of Financial Auditing and its Adaptation to the Current Needs of the Users |
| title_full | Vulnerabilities of Financial Auditing and its Adaptation to the Current Needs of the Users |
| title_fullStr | Vulnerabilities of Financial Auditing and its Adaptation to the Current Needs of the Users |
| title_full_unstemmed | Vulnerabilities of Financial Auditing and its Adaptation to the Current Needs of the Users |
| title_short | Vulnerabilities of Financial Auditing and its Adaptation to the Current Needs of the Users |
| title_sort | vulnerabilities of financial auditing and its adaptation to the current needs of the users |
| topic | financial audit vulnerabilities audit risk current user needs |
| url | https://doi.org/10.2478/bsaft-2023-0020 |
| work_keys_str_mv | AT flostoiusebastian vulnerabilitiesoffinancialauditinganditsadaptationtothecurrentneedsoftheusers |