Methodical features of preparation and carrying out audit of transactions of counter trade at foreign economic activity

In conditions of foreign economic activity, organization make a number of specific actions not inherent in transactions within the country. Market relations in the country, assuming a rational and effective levers for managing business entities, forcing the search for new approaches to validation of foreign economic activity. Foreign economic activity is in essence the basis of the organization of foreign trade relations. Foreign trade of the Russian Federation is an aggregate of industries, sectors, businesses and organizations of all forms of ownership, individual entrepreneurs, systematically producing and marketing export resources of all kinds, consuming imported goods (services) and carrying out other types of foreign economic activity. Research and justification of exercise of accounting and audit of transactions in the implementation of foreign trade activity and providing for the exchange of goods, services, works and intellectual property (foreign trade barter transactions), has important theoretical and practical significance. The paper presents some elements of audit of transactions of countertrade. The aim of the study was the development of a methodology of counter-trade transactions in foreign economic activity In this paper the elements of planning and carrying out of audit of transactions of countertrade in foreign economic activity. The auditees are all foreign trade transactions for which cash payments are not made, or they limited the facts of economic life as reflected in accounting documents and other information sources. Audit of transactions countertrade, is a time-consuming process of auditing. To achieve the objective of the audit is generated the main task is to identify specific sources of information, followed by the study of counter-trade transactions. In the present work using audit procedures (documentary checks, arithmetic checks, matching data on documents, etc.), analyzed various aspects of accounting of foreign economic activity that identifies the most effective and optimal methods and verification procedures. Developed working papers focused on validation planning, evidence gathering and directly to the audit transactions countertrade in foreign economic activity. It is concluded that using and evaluating objectively developed working documents during the inspection is the observance of the validity, lawfulness, appropriateness and economic efficiency of financial-economic activities of the organization. Presents a model of audit applied in the audit of the transactions of countertrade.