Nowadays, various innovative and restructuring undertakings have been permanently integrated into the func-tioning of enterprises. Through fundamental changes they enable the company's internal equilibrium, balance with the business environment and, consequently, its market value and competitiveness. The aim of the study is to present the role of financial audit as an information and control tool supporting the restructuring process of enterprises. It was assumed that financial audit is a key element of the restructuring process, which is contrib-uting to efficient and effective rebuilding of the enterprise. It offers the possibility to accelerate strategic pro-cesses for businesses with both difficult economic and financial conditions and companies in good economic shape. Moreover, it also helps companies facing the challenges of today's tough competition and those that initiate changes in their business environment. Companies that do not keep books of accounts and therefore do not prepare financial statements have limited information on financial health and assets. Practice shows that financial reports remain the main source of financial information while the credibility, transparency and quality of disclosures are key to gaining stakeholders’ confidence and enriching the knowledge and experience of the company's management.
REFERENCES(20)
1.
BARTOSZEWICZ, A., DYNOWSKA, J., 2015. Audyt finansowy i controlling jako narzędzia informacyjno-kontrolne w systemie rachunkowości podmiotów, Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu, Nr 389: 21.
KRZYWDA, D., 2012. Rola audytu finansowego w działalności przedsiębiorstw i instytucji, [w:] Żukowska, H., Janik, W.(red.), Audyt zewnętrzny sprawozdania finansowego a wiarygodność przedsiębiorstwa, Lublin: Wydawnictwo KUL.
WIATER, K., 2018. Restrukturyzacja oraz jej formy, [w:] Wiater, K. i in., Restrukturyzacja i upadłość. Zagadnienia praktyczne, Warszawa: Wolters Kluwer.
We process personal data collected when visiting the website. The function of obtaining information about users and their behavior is carried out by voluntarily entered information in forms and saving cookies in end devices. Data, including cookies, are used to provide services, improve the user experience and to analyze the traffic in accordance with the Privacy policy. Data are also collected and processed by Google Analytics tool (more).
You can change cookies settings in your browser. Restricted use of cookies in the browser configuration may affect some functionalities of the website.