The role of audit in the functioning of small business entities in modern conditions

The tense economic situation in Russia, associated with the aggravation of political relations with Western countries, the fall of the ruble, has a sharp negative impact on all domestic enterprises. In particular, the financial and economic indicators of small businesses suffer. Nevertheless, their overall development and stable functioning is an important aspect, since small business plays a significant role in the Russian economy. One of the ways to improve the efficiency of small businesses is to strengthen internal control over all areas of activity. In this article, we will consider the main role of auditing small businesses.