Counteraction to the legalization (laundering) of income obtained through criminal means and financing of terrorism in the audit activities

The manual considers the legal basis of the system of countering legalization (laundering) of revenues, the essence of the concept of a national strategy to counteract the legalization (laundering) of income obtained by criminal, and financing terrorism, analyzed the functions of the national system to counteract the legalization of criminal income.
The measures aimed at countering the legalization (laundering) of the income obtained by criminal, and the financing of terrorism, as well as the provisions of the legislation establishing responsibility for violating the requirements for countering money laundering.
Responsibilities of auditors on compliance with the anti-Label legislation during audit and in the provision of accounting and legal services are delivered. The forms of documents necessary for the effective functioning of the internal control system of the audit organization in order to counter the legalization of income obtained by criminal means and financing terrorism are proposed.
For auditors, executives of enterprises, accountants, teachers of universities, students of economic specialties