Subject matter and scope of audit in joint stock companies

The thesis examines the subject and scope of the audit in joint stock companies. It is a legal institution that has been concretized with the subject and criteria of the audit, the qualification of the auditor, processes, rights and obligations and responsibilities. The intellectual foundations of the regulations on auditing are the universal corporate governance principles and the true and fair view principle that is part of the positive law. The objective of the audit based on professional standards is to obtain assurance regarding the reliability of financial statements against legal and accounting criteria. If the scope of the audit is not determined correctly, first of all the audit and the financial statements will be damaged. The thesis focuses on the subject and scope of the audit with the holistic structure and its legal dimension apart accounting aspect of the audit.