The purpose of the research - study of the content, role and significance of leasing operations, development of scientific provisions and practical recommendations for improving the audit methodology for the accuracy of accounting and reporting of financial and economic activities of leasing operations, as well as improving the quality of audit planning.

The methodology of the research - with the help of a comprehensive analysis based on 2 constuction companies, the formation of an optimal audit program and improvement of methods for assessing the audit of the reliability of accounting and reporting of leasing operations.

The practical importance of the research - the practical significance of the study is the direct focus of its results on solving problems related to ensuring the reliability of accounting indicators and their suitability for management purposes. Implementation of the developed recommendations will allow standardizing audit procedures for leasing operations, optimizing the process of searching for audit evidence, improving the quality of audit planning, reducing audit risks, and shortening the time frame for auditing leasing operations.

The results of the research - summarizes the main conclusions, proposals and recommendations on the organization and methodology of accounting and audit of leasing operations.

The originality and scientific novelty of the research - on the basis of generalization of the peculiarities of the organization of leasing operations, organizational, legal, accounting and tax aspects of leasing activities, systematization of factors affecting the procedure for the formation of accounting data. As a result of a comparative analysis of the peculiarities of the accounting of leasing operations, the formation of financial statements in accordance with international standards, the definition of the main tasks and directions for improving the accounting and audit of leasing operations. In order to ensure the quality and containment of risk, substantiation of the methodology for auditing leasing operations, developing recommendations for standardizing the audit procedure for leasing operations, providing an opportunity to optimize the process of searching for audit evidence.

Keywords: leasing, fair value, underlying lease payments, lease efficiency, audit planning.