Audit as a tool for identifying risks and threats to economic security

The relevance of applying for an audit to identify risks of threats to economic security in unstable business conditions of subjects is due to the focus on the effectiveness and efficiency of their activities. The article reveals the specifics of the use of auditing as a tool to ensure the economic security of an economic entity using the principle of reasonable confidence in the institutional concept of auditing. This tool will make it possible to carry out an effective response to the identified risks of existing threats in the future.