Rastegaev D.B.Published in:
Russian Journal of Entrepreneurship
– Volume 18, Number 22 (November 2017)

JEL classification: G32, G38, M42

Keywords: audit activity, legal risk, risk, risk-mitigation


Share:

Abstract:

The article studies the impact of legal risks on organizations of the non-financial sector and on audit organizations in particular. We clarify the process of defining the concept of "legal risk". We identify external and internal factors of legal risks and methods of legal risk mitigation. As an effective mechanism for legal risk mitigation, we suggest a matrix of legal risks, which is conditioned by the system of differentiated evaluation criteria.

---

References:
(2014). Risk v sfere publichnogo i chastnogo prava [Risk in public and private law] M.: OT i DO. (in Russian).
Bublik N.D., Zimina G.A., Rastegaeva F.S., Shashkova T.N. (2012). Otsenka riskov v bukhgalterskom uchyote, audite, analize [Risk assessment in accounting, audit, analysis] Ufa. (in Russian).
Grishunenkov A.V., Rastegaeva F.S., Karpunina E.K. (2008). Investitsionnyy protsess: kategorialnyy analiz [Investment process: categorical analysis]. Vestnik Tambovskogo universiteta. Seriya: Gumanitarnye nauki. (2(58)). 80-84. (in Russian).
Legal risk 2.0: Show you’re in control. Ernst & Young Global LimitedEy.com. Retrieved October 02, 2017, from http://www.ey.com/Publication/vwLUAssets/ey-legal-risk-2-show-you-are-in-control/$FILE/ey-legal-risk-2-show-you-are-in-control.pdf
Sheremet A.D., Suyts V.P. (2014). Audit [Audit] M.: INFRA-M. (in Russian).
Акимова Е.В. Риски в аудиторской деятельностиСправочник экономиста. (in Russian). Retrieved October 02, 2017, from https://www.profiz.ru/se/2_2014/riski_audita/
Письмо Банка России от 30.07.2005 г. № 92-Т «Об организации управления правовым риском и риском потери деловой репутации в кредитных организациях и банковских группах»Garant.ru. (in Russian). Retrieved October 02, 2017, from http://base.garant.ru/585600/2/
Подкопалова Ж. «Подводные камни» аудиторского договораKlerk. (in Russian). Retrieved October 03, 2017, from http://www.klerk.ru/law/articles/129908/
Шувалова А. Система оценки правовых рисков – роскошь или необходимость?Garant. (in Russian). Retrieved October 03, 2017, from http://www.garant.ru/article/583261/#ixzz4uSIUSs5
Шуремов Е.Л., Умнова Э..А., Воропаева Т.В. Автоматизированные информационные системы бухгалтерского учета, анализа, аудитаShurem. (in Russian). Retrieved from http://www.shurem.ru/main_dsp.php?top_id=583