CURRENT CONDITION AND PROSPECTS OF AUDITING SERVICES DEVELOPMENT IN UKRAINE

Audit activity is the only method that can ensure confidence in the accuracy of information presented in the financial statements to its users. Audit services — an audit, review of financial statements, consolidated financial statements, the assignment execution for other assurance provision and other professional services provided in accordance with the international audit standards. The purpose of the research is to analyze the current state of audit, audit services in Ukraine and introduce proposals regarding the development prospects. The analysis of the audit services market distinctively demonstrates the existing fluctuations in the quantity and cost of services in different regions, which in most cases depends on concentration of industrial enterprises, client solvency and their understanding of the cost and quality of audit services. The results of the research provide an opportunity to review and systematize the main problems and highlight the priority development directions for audit services in the domestic audit market. The author determined that increase in the chances of financial success of audit activity subject is provided, foremost, by improving the quality of audit services conducted by highly skilled personnel and the expansion of their spectrum with the use of specialized audit software, and possession of branch techniques for performing audit. Rendering audit services to the customer, taking into account the requirements of European Union legislation, international standards, applying the best experience in auditing, specifics the functioning of the customer, will increase the interest in auditing activities.