The Accounting Audit - a practical approach. Response to objections

• Author: Anton C.E.
• Pages: 171-178

Bulletin of the Transilvania University of Braşov

Series V: Economic Sciences • Vol. 10 (59) No. 2 - 2017

The Accounting Audit – a practical approach.

Response to objections

Carmen Elena ANTON1

Abstract: The audit report containing the conclusions and the analysis of the accounting

professional is submitted as evidence at least 10 days prior to the hearing date. The parties

of the case study the paper elaborated by an accounting expert based on the goals

determined and approved by the court and, according to art. 336 of the Civil Procedure

Code if additional clarifications are necessary or the audit report must be completed, the

expert may be required to do so or the court can be seized ex officio for the next hearing date

for additional clarifications or to complete it. This paper approaches the circumstances of

objections to the audit made in case no. 1288/22/2015 at the Brasov Court of Law.

Referring to the objections of the parties, the response of the auditor is structured according

to the content of the audit report, namely: Chapter I. Introduction, Chapter II. Description of

the analysis made and Chapter III. Conclusions.

Key-words: audit, accounting professional, evidence, quality of the accounting services,

standards

1. Introduction

As evidence in justice, audits can be ordered ex officio or accepted at the request of

the parties of the legal proceedings. Activities of special importance in the field of the

financial – accounting services, they involve the transmission of economic financial

information if, for the clarification of pending cases, the courts of law consider the

opinion of the accounting specialist proper and necessary (Florea et al., 2008).

Drafting the audit requires the following methodology: examining the

documentation enclosed to the case file, examining other documents with other

parties or with third parties related to the case, the on-site audit, analysis of the

parties’ explanations, the analysis of the financial control documents and the

accounting audit performed in advance in the same case, studying the conclusions of

the technical survey, as applicable.

1 Transilvania University of Braşov, carmen.anto n@unitbv.ro