Transformation of audit approaches in the period of legal regulation

The analysis of audit development in the period from 2001 to the present is carried out, the stages of audit development associated with the change in the concept of its development are highlighted. The key editions of the law on auditing activities and changes in the main audit issues are analyzed. The following key periods are highlighted: the period of validity of Law No. 119-FZ, the period of validity of Law No. 307-FZ, the period of validity of amendments made by Law No. 403-FZ, the period of validity of amendments made by Law No. 359-FZ. The analysis of the transformation of audit approaches is considered in the context of six parameters: the subject of the audit, the requirements for audit organizations, the criteria for mandatory audit, the procedure for conducting competitions, audit standards and control of the activities of audit organizations. Special attention is paid to changes in auditing activities provided for in the new concept of its development and in the current version of the law on auditing.