AUDIT OF THE USE OF BUDGET FUNDS IN SMALL AGRICULTURAL ENTERPRISES

The specifics of conducting an audit at small enterprises in accordance with the International Auditing Standard 200 «General objectives of an independent auditor and conducting an audit in accordance with International Auditing Standards» are defined. The types of audit are highlighted: external (state financial and private independent) and performance of internal audit functions by the chief accountant at small enterprises. The history of development and features of state financial audit at small agricultural enterprises are outlined. The structure of the State Audit Service of Ukraine is described and the results of its activities in conducting state financial audits of business entities for 2020–2022 are evaluated. The amount of state support for agriculture in Ukraine and certain countries of the world is calculated based on 1 hectare of arable land. The inspection of small enterprises by the state financial audit bodies for the targeted use of funds from the state (local) budget is characterized. The method of auditing economic operations according to the targeted use of budget funds on accounting accounts is reflected. The content of the Act on the impossibility of conducting a counter-verification was formed on the basis of the Methodological recommendations for conducting inspections by the bodies of the State Audit Service of Ukraine.