The effect of implementing audit with in state own ed companies as a measure to increase the level of user trust [Articol]

Abstract

Purpose of the article: is to analyze the role of different types of audit-internal, external public, and private-in improving the performance and governance of state-owned enterprises in the Republic of Moldova. Methodology: covers the period 2023–2025 and is based on a review of specialized literature, analysis of audit reports, and insights gained from professional practice in external public and private audit. Conclusions: show that audits contribute to enhancing administrative efficiency, transparency, and stakeholder trust. Internal, external, and private audits complement each other, ensuring accountability and promoting good corporate governance in state-owned enterprises. The originality: of the study lies in its focus on private audit as a form of outsourcing of public audit responsibilities, offering a new perspective on how hybrid audit models can strengthen institutional performance in Moldova’s public sector.