Object of research: auditing activity and its results on the Ukrainian financial marketThe purpose of research: defining the ways of the further development of auditing in Ukraine ground-ing on the critical analysis of its organization and methodic practice, which has resulted in crisis on the world financial marketMethods of research: induction, deduction, theoreti-cal generalizing, comparison, abstract-logical, cause-effect relation, observationTheoretical and practical results: the urgent prob-lems concerning the auditing theory and practice im-provement have been researched and solved. The re-search results can be used in the author's publica-tions, teaching manuals, as well as presentation on the conferences, Auditing Chamber of Ukraine, and in auditing firms' activityResearch novelty: lays in theoretical grounding and solving of the complex of issues, concerned with au-diting theory, methodics and organization under the modern conditions. During the research the rfollow-ing esults, characterizedby the scientific novelty, have been obtained: the essence of the concept "ac-tivity of auditing firms", which includes "auditing" and "other services of an auditing firm"; it has been offered to provide a legal basis for the auditor's sub-ordination or auditor's attaching according to the au-diting type; the classification fetures of auditing to meet the practical needs have been systemized and theoretically grounded; the methodic of auditing car-rying out, which considers the application of tech-niques and ways of studying the financial statements in complex but not the accounting objects separately, has undergone its further development; the auditing borders have been defined, as well as unsoundness of obliging the auditor by fraud discosure has been dis-closed; the issue of obligatory inventirying carrying out during auditing and the peculiarities of its organi-zation has undergone the further development; the offers concerning the changes in the legislation aimed to enhance the auditors' respnsibilityhave been worked out; the contents of an auditing report has been improved.Extent of implementation: the research results are used in activity of Auditing firm "AUDIT-VID and Co", in teaching "Control and State Control", "Inter-nal Control", "Fundamentals of Auditing", "Auditing of the Business Activity", as well as are taken into consideration by Auditing Chamber of UkraineEffectiveness: to provide the increase of operative-ness and quality of providing the auditing services, to achieve the auditors' responsibility for the prepared opinion to the users of the auditing reports. Sphere (branch) of usage: business activity of audi-tors and auditing firms.
