The Mandatory Audit Institution and Its Place in the Financial Law System

The article examines the financial and legal institution of mandatory audit. Its nature is considered and its place in the system of financial law is substantiated. It is emphasized that the financial and legal institution of mandatory audit should be included in the general part of the science and branch of financial law and contains the norms established in the Federal Law "On Auditing Activities". Attention is focused on the features of the financial legal relationship of mandatory audit.