Conference “The future of the profession of auditors: international experience and the path of Ukraine”

The Audit Chamber of Ukraine with the support of EU-FINSTAR held a conference on September 29, which was in fact the final stage of the discussion of the new version of the Law of Ukraine “On audit of financial statements”.

A fairly representative composition of participants demonstrates the importance of the issue for both the EU and Ukraine. Speakers and participants in the discussion were: Hugo Mingarelli – EU Ambassador to Ukraine; N. Yuzhanina – People’s Deputy, Chairman of the Committee on Tax and Customs Policy of the Verkhovna Rada; Yevhen Kapinus – State Secretary of the Ministry of Finance of Ukraine, John Hooper – Senior expert on accounting and audit of the EU-FINSTAR representation; T. Khromaev, Chairman of the National Securities and Stock Market Commission of Ukraine; O. Kantsurov, Head of the Department of the Presidential Administration of Ukraine; L. Haponenko, Head of the Accounting Methodology Department of the Ministry of Finance of Ukraine; B. Lukasevych is the chief accountant of the National Bank of Ukraine, representatives of more than 40 ministries and departments of Ukraine, representatives of business associations, professional organizations of accountants and auditors of Ukraine, university professors and practicing auditors – more than 450 participants.

During the conference the reasons and necessity of audit reform in the EU and Ukraine were discussed, the current state of implementation of the audit reform in Ukraine was discussed, the latest trends and tools were discussed that help auditors in their activities and improve the quality of audit services.

The teachers of the Academy also took part in the conference: professors: O. Redko, V. Panteleiev, M. Korinko, associate professor S. Shulha and the director of the National Accounting Center of the Academy, associate professor O. Lubenchenko.

The conference positioned modern tendencies in the audit, in particular the direction of training future professional auditors and the problem of continuous improvement of the knowledge of already practicing auditors. Once again, the relevance of the development of standards for education and professional development of auditors was emphasized, and interesting perspectives for participation in this work of the scientific and pedagogical staff of the Academy were brought up.