Audit komerčních pojišťoven

This thesis elaborates on the audit of commercial insurance companies, which is different from the audit of standard companies in many respects. The thesis is divided into three parts, where the first one is theoretical and it introduces to a reader the general issues of the audit. The second one is also theoretical and it describes the audit process in detail. This description starts with an acquisition of an audit client and it ends with an issue of the audit opinion. The third practical part of the thesis illustrates the most common audit procedures performed during the audit of insurance companies, in particular identification and a division of key processes of the client's business with the resulting testing of effectiveness of selected controls and subsequent substantive testing. The aim and the main benefit of the thesis are to broaden the knowledge of potential readers in the area of the external audit of insurance companies. This area has not been enough described in current literature yet.