Application of professional judgment in accounting compliance control in commercial enterprises

The research topic is determined by the need, provided by law, to implement internal control over accounting and preparation of financial reporting in economic entities subject to mandatory audit. At the same time, one of the goals of internal control is to verify compliance with the requirements of legislative and regulatory acts by controlled persons - accountants (accounting compliance control). The problem lies in the uncertainty regarding the list of regulatory acts, compliance with the provisions of which must be verified, the need to identify areas and segments of verification, the absence of systematized methodological foundations of accounting compliance control. The purpose of the study is to formulate methodological provisions governing the implementation of accounting compliance control in commercial organizations. The following methods were used in the study: logical, monographic, comparison and contrast, expert. As a result, the principles that a compliance controller should be guided by are proposed, legislative and regulatory acts that are the basis for implementing accounting compliance control are classified by regulation levels, requirements for the professional judgment of the controller and the directions for its formation are defined, and a form of a working document for recording the results of the control performed is proposed. The object of the study is the relations arising during the implementation of accounting compliance control, the subject of the study is the methodology and methods of its implementation. The theoretical significance of the study lies in the development of principles for implementing accounting compliance control, identifying characteristic features and determining the areas of application of the professional judgment of the controller. The classified list of legislative and regulatory frameworks that are the criterion for implementing control, certain categories of compliance controllers and the proposed form of the working document are of practical importance.