Auditorių nepriklausomumas ir jų priežiūra

Abstract

SUMMARY The principal aim of the paper is to clear out whether auditor independence and supervision are legally ensured and lawfully regulated. For this purpose the scientific method of document analysis has been employed. The paper looks into the content of auditor independence as well as the issues dealing with legal regulation of auditors supervision . The author identifies both completeness of laws and insufficiency of legal regulations in some parts of legal acts within the Auditor independence and supervision institute. Concluding the content of auditor independence and supervision concepts it can be asserted that international requirements have great effect on the legal acts of the Republic of Lithuania regulating auditor activities. The first part of the paper deals with the issues which refer to the concept of auditor independence. The paper also underlines that auditor supervision questions are exclusively the matter of legal regulation and the institutions supervising auditor activities. Therefore the analysis reveals the content of laws and legal acts regulating auditor supervision as well as the functioning of the institutions which enforce auditor supervision. The paper pursues the goals of theoretical and methodological analysis of auditor independence and supervision questions as well as aims to present a review of scientific literature on the given question