ISSN: 2225-8329
Open access
This paper presents the results obtained from the implementation of indicators of economic efficiency when carrying out the mission of changing situations auditing financial statements of a company, with which the auditor can easily calculate the economic efficiency of the company subject to audit activity. The aim of implementation, during the engagement, indicators of economic efficiency is the actual financial results, which will lead to the improvement of future economic performance and to increase the credibility of the public interested in the economic activity of the company audited. Research methodology, data collection consists of financial statements of fiscal year 2018 from the level of a company in Romania, and uses these data to obtain the efficiency of economic indicators. During the audited financial statements, it will be examined carefully the data contained in it to see that they are not significantly flawed accounting misstatements, which could negatively or positively affect the calculation of economic efficiency indicators. The results of this research can be harnessed for a better improvement of the financial audit process in large enterprises in Romania, facilitating the development of new perspectives by using indicators of economic efficiency within the financial audit.
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To cite this article: Salomia, M. M. (2019). Study on Indicators of Economic Efficiency Used in Auditing Financial Statements, International Journal of Academic Research in Accounting, Finance and Management Sciences 9 (2): 250-256.
Copyright: © 2019 The Author(s)
Published by Human Resource Management Academic Research Society (www.hrmars.com)
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