Problems of professional ethics standards of auditors in Ukraine

  • V. P. Bondar SHEE “Kyiv National Economic University named after Vadym Hetman”


This study is dedicated to the many problems arising from incompliance by auditors of principles of professional ethics that cause problems not only in the reliability of the published findings, but also cause problems of global mistrust of users of financial statements to the audit profession. This generally creates obstacles to transparency mechanisms for disclosure and verification of information enterprises in Ukraine, not encouraging the formation of good investment climate. The study proved system of organizational support to create an environment to observe the principles of professional ethics in the performance of audit tasks based on measures of specifying and eliminating threats to the independence of the auditor. In this regard, was proposed the structure and substance of the relevant organizational and administrative documentation, which is part of the internal quality control system of audit services.


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1. Code of Ethics for Professional Accountants (2009). New York: International Federation of Accountants [in English].

2. Kontseptsiia systemy zabezpechennia yakosti audytorskykh posluh v Ukraini, zatverdzhena Rishenniam
Audytorskoi palaty Ukrainy vid 26.09.2013 № 279/7 zi zminamy vid 01.12.2016 № 334/5 [Concept of Quality Assurance System of Audit Services in Ukraine approved by the Audit Chamber of Ukraine of 26.09.2013 № 279/7 with changes of 01.12.2016 № 334/5]. Retrieved onjanuary 5, 2017 from www.apu. [in Ukranian].

3. Mizhnarodnyi standart audytu 220 “Kontrol yakosti audytu finansovoi zvitnosti”. Mizhnarodni stan- darty kontroliu yakosti, audytu, ohliadu, inshoho nadannia vpevnenosti ta suputnikh posluh 2014 [International standard on auditing 220 “Quality Control For An Audit Of Financial Statements”. Handbook of international quality control, auditing, review, other assurance, and related services pronouncements 2014 (Vol. 1)]. (O. L. Olkhovikova, О. V. Seleznov, Trans). Mizhnarodnafederatsiiabukhhalteriv, Audytorskapalata Ukrainy. Retrieved onjanuary 5, 2017 from dit_2015_l_ah.pdf [in Ukranian].

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How to Cite
Bondar, V. P. (2017). Problems of professional ethics standards of auditors in Ukraine. Statistics of Ukraine, (1(76), 61-68.