Abstract:

The strengthening of the relations between the economic entities and the financial system through an adequate representation of the abilities and methods they manage to maintain a credible and transparent image of themselves is only possible by efficiently communicating, which shall satisfy the informational needs of all types of stakeholders.

The financial-economic informing and communication are quite sensitive with some groups of recipients, like stakeholders, financers, creditors, etc., that definitely wish to ensure they will receive accurate and correct information, through a close assessment and certification of the financial situations by means of an financial audit.

Therefore, the aim of this study is to analyse the importance of the financial audit, a key factor of an appropriate economic-financial communication of the entity with its external and internal environment and to underline the need to go further to a national and European level.