Summary: Market needs and the poor work of both social systems - political and economical create conditions for the society’s necessity of concepts like the audit to become more significant and essential. Namely, this is the reason the emphasis of the present work is put on the phenomenon “audit”. Retrospective analysis registers long history of continuous progress, particularly active in the recent years. The concepts evolution proves the basic in each system’s work is not only the achievement of specific results but also their reporting and analysis. The change of attitude towards the achieved results itself registers a strongly outlined trend in the last years, namely described by the fact that despite the results itself, the society considers also important the effect they produce on the status and their possibility to generate trust. This is the grounds for the audit in the last one hundred years turning from practical activity for finding mainly technical errors into ideology and art to review the value of financial success on one hand and on the other, to express properly reasonable confidence in the sustainable and good future. In this very context, the present work is system analysis of audit’s philosophy and its improvement rather, than logically and specifically arranged chronology of facts. The exposition proves one more time that the phenomenon that has history and does not repeat mistakes made in the course of its progress could bravely look in the future.
Key words: audit, evolution, concept, process, genesis.
