Nazarova K. Synergy of internal and external audit

In the thesis were developed theoretic-methodological principles of the synergy of internal and external audit. There was provided justification for the formation of a new stage of audit development - the stage of social responsibility. Etymology, evolution of internal and external audit were studied, conflicts of interests in the sphere of auditing were identified, trends of audit services market, socio-economic potential of audit were revealed. The innovativeness of internal and external audit synergy was determined. There was presented classification of subjects of public interest. The definition of economic categories "synergy of internal and external audit (audit synergy)", "synergistic effect", "antisynergistic effect", "audit emergence" was provided, the notion of internal audit was improved. There was developed the concept of internal and external audit synergy on the basis of justifying the need in audit synergy matrix with regard to the economic entity's importance for the public and particular qualities of the economic entity. There was improved a method of determining the significance of identified deviations. There was presented a method of identifying synergistic effect in audit. The conditions of obtaining antisynergistic effect were identified. There were presented directions of implementing audit synergy.