The role of audit in helping to control inflation and production grow

Document Type : Original Article

Authors

1 member of the academic staff of the Majlis Research Center and member of the board of directors of Melli Bank of Iran, Tehran, Iran.

2 Employee of Melli Bank of Iran and PhD Student in Financial Management, Islamic Azad University Science and Research Branch, Tehran, Iran.

Abstract

All persons who work in economic activities, such as managers, owners of industrial and service institutions, government, banks and buyers, need correct and complete information in order to make appropriate financial and economic decisions, It should be noted that the financial statements prepared by the auditors may show a favorable and complete picture of the company's activities, and if these financial statements are prepared in a standard and accurate manner, it will be a trust-building and reassuring factor for managers and decision-makers. Auditing means a technical and expert opinion on documents, books and financial information by a person independent of the authorities in the form of investigative inspection of accounting documents and other underlying evidence of financial statements, which is obtained by gaining knowledge of the internal control system, inspecting documents, evidence and The data has been collected and presented in order to show the performance status of the company to overcome the crisis and possible obstacles and continue the growth path. In the current research, along with the examination of economic growth indicators and the effects of inflation on production growth, the role of auditing in these two categories has been discussed. This research has reached the conclusion that correct and effective auditing will lead to acceptable results in the growth of production and containment of inflation, through transparency of information, lowering the conflict of interests between producers and consumers, preventing economic corruption and building financial trust. and with codified and standard mechanisms in accordance with laws and regulations, it can be effective and effective in realizing production growth and helping to curb inflation.

Keywords

References

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Scientific journal of motaher auditing studies
Volume 2, Issue 1 - Serial Number 3
Spring Quarterly
April 2024
Pages 33-60

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