The objective of the master’s study is to analyse the process of audit, its components and to provide practical its application on the example of certain enterprise. In the present study, there are analysed and systematized theoretical and practical methods of audit its stage performance and risk assessment proposed by different Lithuanian and foreign authors. On the grounds of theoretical material, there was performed financial audit of UAB “Baldų alėja”, there were provided coherently all the stages of the process of audit and the works, performed in these stages. In the study, there are provided models of calculation and evaluation of risk of audit and its significance. As separate example of audit sphere there is analysed an audit of long-termed assets, there is performed analysis of the enterprise’s activities and financial analysis, evaluated the opportunities of succession of the company’s activities, as well as there is provided the conclusion of audit and the report. The results of the present study will be useful to the shareholders of the company and its managers evaluating and understanding the conclusions and the reports of the audit.

Magistro baigiamajame darbe išanalizuota valstybinio finansinio audito esmė ir įgyvendinimo metodai, ištirtos valstybinio finansinio audito ataskaitos ir pateikti siūlymai kaip pagerinti finansinio audito efektyvumą. Pirmoje darbo dalyje teoriniu aspektu nagrinėjama valstybinio finansinio audito samprata, tikslai, uždaviniai, teisinis reglamentavimas, atskleidžiama audito reikšmė ir būtinumas, jo įtaka viešųjų finansų valdymui. Antroje dalyje nagrinėjami valstybinio finansinio audito įgyvendinimo metodai, audito subjektai, aiškinamasi audito ataskaitų reikšmė. Trečioje darbo dalyje pateikta atlikto tyrimo metodika, nagrinėjamos valstybinio finansinio audito ataskaitos ir daromos išvados. / Master‘s thesis analyses the essence of state financial audit and implementation methods, explore the state financial audit reports and provides suggestions how to improve the efficienty of the financial audit. The first part of the thesis analyses the theoretical aspects of public financial audit concept, objectives, targets and legal regulation. The audit disclose the significance and necessity of its impact on public finance management. The second part explains the state financial audit methods of explementation, audit entities, value of audit reports. The third part describes the methodology of the research, analyses the state financial audit reports and conclusions are drawn.