Method of controlling and auditing equity of economic entity

The structure and size of equity has a significant impact on the financial condition and financial stability of an economic entity. In this regard, the issues of control and audit of equity capital are becoming highly relevant. The article pays special attention to the methodological aspects of accounting and auditing, the formation and use of equity capital, the peculiarities of monitoring the indicators of accounting (financial) statements, as well as the efficiency of profit distribution of an economic entity. Based on the analysis of control and audit practice, the authors summarize the most frequently detected violations in this area.