An audit is an audit of the financial statements and related financial information of an economic entity by audit organizations to establish the reliability and compliance of financial statements with the legislation...

The following organizations are subject to mandatory annual audit checks:

• joint-stock companies;
• banks and other credit organizations;
• insurance organizations;
• investment and other funds that accumulate resources from legal and natural persons, and their trust managers — managing investment assets;
• charitable, public, and other funds whose sources are contributions from legal and natural persons;
• business entities that have a share in the authorized capital owned by the state, and state unitary enterprises;
• exchanges;
• commercial organizations that simultaneously meet two of the following conditions based on the results of the reporting year: the book value of assets exceeds one hundred thousand times the basic calculation amount, revenue from the sale of goods (works, services) exceeds two hundred thousand times the basic calculation amount, and the average annual number of employees exceeds one hundred.