Audit of settlements with suppliers and contractors

In a market economy, the state’s control over trade relations and the cash settlement desceplen between business entities has significantly weakened. Therefore, in the process of implementing settlement relationships between suppliers and buyers of products, works, services, an increasing number of violations have been committed recently, both accidental and intentional. In this regard, the role of the control and audit service, tax inspection bodies, etc., in the process of monitoring the correctness of trade transactions and settlements on them is being strengthened. The article discusses the procedure for settlements with suppliers and contractors, also reflects the main stages, goals and objectives of the audit.