TRANSFORMATION OF RESOURCE MANAGEMENT APPROACHES IN AUDITING UNDER ISQM 1 IMPLEMENTATION

Abstract

The article is devoted to the issues of transforming approaches to managing the resources of audit firms in the context of the implementation and operation of International Standard on Quality Management 1. The application of a risk-based approach is considered, within which human, technological, and intellectual resources, as well as the services of suppliers, are assessed through the prism of their direct impact on audit quality. An analysis of existing problems, current challenges, and prospects for overcoming them is conducted in the context of the requirements of the key components of the “Resources” component of the quality management system with a focus on proactive risk management. In terms of human resources, the need to involve young people in auditing and improve the professional level of auditors, including in terms of IFRS knowledge, is justified. The introduction of tools for assessing ethical resilience and “soft skills” through the practice of ethical interviews and individual staff development trajectories is proposed. The transformation of technological resources from documentation tools to a holistic IT environment has been studied. The experience of using leading intelligent platforms that allow for continuous verification of business transactions instead of selective verification has been analyzed. New quality risks in terms of technological resources have been identified: the “black box effect,” excessive trust in automation, and artificial intelligence hallucinations, etc. The role of intellectual resources as a dynamic system of knowledge and methodology has been defined. Particular attention is paid to expanding the scope of responsibility of audit firms for the services of external suppliers, especially IT providers of cloud solutions in the context of cybersecurity and sanctions policy. The conclusion is that successful adaptation to ISA 1 requirements is only possible if an integrated system is created, where technological innovations are combined with the continuous development of professional judgment and ethical values of audit staff.