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Development characteristics and stages as well as current issues of independent Lithuanian audit system are analysed in the article. The roots of independent Lithuanian audit system developed from revision and control of interwar and Soviet periods. The actual starting date of control in Lithuania may be considered the 20of February 1919, when the Council of Lithuania adopted the law on administering the National Audit Office. It clearly defined the activity of the National Audit Office which was to inspect the state‘s finances and assets. During the inter-war period the National Audit Office, Inspectorate for Institutions and Enterprises of Public Transactions, the Tax Department of Ministry of Finance, Revision Commissions of Municipalities, Revision Commissions of Public Limited Companies were engaged in Lithuanian control system. During the Soviet times, different types of control were apllied: party, national, departmental, internal economic, public, etc. The type of control most widely used was revision. The main goals of revision were to inspect how the material, labour and financial resources had been used and how the safety and use of socialist assets were ensured. After Lithuania regained its independence, most of the Soviet revisers successfully started working in newly established control system links, and some of them became succesfull auditors. After Lithuania regained its independence (11th of March 1990) an independent audit system was gradually established. Establishment and development of the system are discussed and distinguished in the article:  the Lithuanian audit system establishment by the efforts of public figures (1990-1994);  the Lithuanian audit system establishment by the efforts of the Government and the professional accounting and audit organisations (1995-1998);  the Lithuanian audit system establishment with the guidance of the EU experts and by studying the experience of foreign countries (1999-2004);  the integration of the Lithuanian audit system into the European audit system (2005-2010);  the Lithuanian audit system inside the European audit system (2011-2016). Even though the Lithuanian audit system is already established and integrated into the EU audit system, there are still many issues that independent Lithuanian auditors and their clients face. The most important ones are as follows:  professional abilities of auditors,  meeting the clients' expectations,  the quality and prices of audits,  competition trying to conquer audit market,  the issues of mutual understanding and cooperation between the audit academics and practitioners. It is necessary to analyse, evaluate and solve them. [ABSTRACT FROM AUTHOR]

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