The Role Of Valuation Reserves In Forming Financial Results And Improving The Reliability Of Audit Expertise
Keywords:
Audit, valuation reserves, financial results, ISA 540Abstract
This study examines the role of valuation reserves in shaping the financial results of enterprises and addresses the issue of improving the reliability of their audit. The purpose of the study is to analyze the impact of valuation reserves on financial performance and to develop approaches for enhancing audit reliability based on the international standard ISA 540. The main problem lies in the subjective nature of estimation indicators and their potential use in earnings manipulation. As a result, the study proposes strengthening the application of professional skepticism, improving risk assessment procedures, and adopting a systematic approach in auditing valuation reserves
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