Structuring the Process of Performing Assurance Engagements Other Than Audit or Review of Historical Financial Information

The purpose of this study is to develop organizational provisions for assurance engagements other than audit or review of historical financial information, in particular the substantiation of the main stages of their performing. As an initial basis for structuring the process of performing assurance engagements other than audit or review of historical financial information, it is proposed to use an approach to the selection of the following stages: preparatory-agreeing (stage of the acceptance of engagement); basic (stage of obtaining and evaluating of evidence); сompletive-agreeing (stage of completion of the engagement). It is substantiated that such sequence and the proposed fillability of the stages of the engagement performance allows for a clear identification of types of engagements and their elements, ensures their qualitative performance in accordance with the International standards of quality control, audit, review, other assurance and related services. Further research should be carried out in the direction of developing standard forms of a general strategy and plans for carrying out various types of assurance engagements depending on the subject matter, which will be adequately addressed to meet the conditions of a specific engagement that will improve the quality of the auditor's work and the quality of the process of performing assurance engagements.