PROBLEM ISSUES, TRENDS AND DIRECTIONS FOR DEVELOPING PROFESSIONAL ETHICS OF AUDITOR

Dynamic changes in reforming the auditing system in Ukraine, modification of the system of certification of auditors, strengthening of regulatory requirements to the qualitative level of auditing services lead to the need of revision of the trends of further development of professional ethics of auditors. Prestige and confidence in the profession of auditor are based on the professional's compliance with ethical requirements and observance of ethical norms. Possessing relevant ethical knowledge, the ability to apply ethical principles in everyday activities and in solving ethical conflicts ensure the independence of the auditor and the high quality of the results of the auditing services provided. The article examines and systematizes the problem issues of observance of requirements of professional ethics of auditors in modern conditions of reforming the auditing system in Ukraine. On the basis of estimation of current trends in the development of professional activity of auditors, in conditions of ethical conflicts in realization of auditing activity there have been developed propositions for further directions of enhancement of professional ethics of auditors in terms of its improvement in infrastruc‑ ture, regulatory system and methodological framework as well as implementation of the Code of Ethics of Professional Auditors; the increase of requirements to development of internal regulations and procedures of observance of professional ethics at the level of subjects of auditing activity; the improvement of the regulatory and methodological provision of educational process on the issues of professional ethics of auditors. The use of proposed ideas on the improvement of the institutional basis for regulating compliance with the requirements of professional ethics of auditors will increase the prestige of the auditor's profession as well as the confidence in the results and quality of the auditing services in Ukraine.