A B S T R A C T

The purpose of the research — is to analyze the creation and development of independent auditing services in the Republic of Azerbaijan based on legislation during the transition to a market economy.

The methodology of the research — the formation of auditing activities in the modern period is based on the principle of financial transparency in the relationships between company managers, shareholders, and government bodies.

The practical importance of the research — the study shows that, in order to protect the financial interests of the state and investors, control over the activities of economic entities is generally carried out by independent auditing organizations.

The results of the research — audits are not limited to verifying financial statements but also contribute to increasing transparency in economic relations, preventing illegal activities, and developing legal culture.

The originality and scientific novelty of the research — auditing is one of the most important tools of legal and economic control. During the audit process, reliable and objective information about the financial condition of an enterprise is obtained, and the protection of property rights is supported.

Keywords: audit, legal framework, regulation, regulatory environment, legislation.

http://doi.org/10.59610/bbu3.2025.3.14