Trends in the Development of International Audit Activities in the Era of Economy Globalization

Researchers of globalization trends in the world economy are unanimous in the belief that the basis of economic globalization is financial globalization. Transnational companies engaged in auditing are the core of financial globalization in the provision of information services. The famous «big four» of audit companies is the leader in the field of auditing. They are also called «titans» of the international market. The article reflects the manifestations of globalization in the sphere of audit activity, which consists in creating networks of audit organizations. The article provides information on the main international audit networks. The newest tendencies of development of auditor activity in modern economic conditions which change approaches to work of auditors are described. Among them are new Internet technologies and software used in any information activity. A promising technology used in auditing practice is the technology of «block». It is based on the distribution of databases. Its use in automatic mode involves processing large amounts of information. The old methods are out of date and the system of professional certification of auditors does not provide the optimal level of competence for practical work and performance of professional tasks, according to the standards of auditing.