REVIZIJA POSLOVANJA – METODIČKI PRISTUP / AUDIT OF BUSINESS OPERATIONS - METHODICAL APPROACH

Abstract

In the current practice in B&H, Audit of Business operations is most often conducted on the basis of a court request for the easier enactment of certain court judgments. In scientific and university literature it is not enough represented, which does not diminish its significance. There is a different approach to audit of business operations in the public and private sector. In the public sector, it is much more applied and most commonly called Performance audit. International auditing standards as well as other legal acts have covered this form of audit and, in addition to financial audits, is one of the main forms of auditing in the public sector. The private sector is more focused on auditing the financial statements and it is in addition to internal audit - the basic form of audit in the corporate sector. On the basis of this relationship with the Audit and Audit Methods, there are still quite unexplored and unreliable. So, choice of methods, most often is free and based on the knowledge and expertise of auditors that are conducting audit of business operations. Therefore, the main purpose of this paper is to investigate and systematize the most frequently used methods in the implementation of the Audit of Business operations.