pp. 3197-3202 | Article Number: iejme.2016.261
Published Online: November 01, 2016
Article Views: 205 | Article Download: 230
The purpose of the research is to examine the current problems in the system of audit in the Republic of Kazakhstan. Analyzing both national regulatory legal acts and data from the Agency of Statistics of the Republic, the features of external public audit and internal state audit tasks were examined. Moreover, the dynamics of violations revealed by the Accounts Committee during 2013-2015 is presented. Thus, the authors show the considerable part of detected contraventions is accounted for violations in the budget funds expenditure and in the misuse of state assets. Experience of organization of appropriate control bodies in advanced as well as in developing countries was excluded. The paper proves the importance of complex audit system as a part of state strategies of economic competitiveness improvement.
Keywords: Audit systems, financial control institutions, budgetary spending regulation, joint audit, the Accounts Committee, the Republic of Kazakhstan
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