Readability of Serbian Law on Auditing

The main purpose of this paper is to analyse the level of readability of Serbian Law on Auditing. The problem of the research is linguistic understandability concerning comprehension of the text meaning. The readability tests are used as tools in order to get indicators of the readability level. Those tests are Flesch-Kincaid readability tests (The Flesch Reading Ease and Flesch-Kincaid Grade Level), Gunning fog index and SMOG grade. This field is, in most part, unexplored in domestic literature, especially in the domain of texts readability within accounting and auditing. The official translation of national Law on auditing (2013) in the English language has been used in this research. The research results show that Law on Auditing is considered as difficult text to read for average readers. Probably only higher educated readers will be able to grasp the meaning of the text and that limits its use for the wider public.