Abstract: This article explores the following aspects: increase in the number of audits of small and medium-sized businesses; information awareness of small and medium-sized businesses about the reform of the means of control and supervision in the Russian Federation; availability of information on mandatory requirements. The year 2019 was transitional, and its results allowed assessing the effectiveness and forecasting the prospects of the reform of control and supervision activity. The scale of the ongoing reform is enormous. However, it remains relevant whether the small and medium-sized businesses are informed about such transformations The scientific novelty consists in tracing the interrelation between dissatisfaction among the representatives of small and medium-sized businesses with the implemented control and supervisory activity and their awareness of the reform in the Russian Federation, as well as the availability of information on mandatory requirements. The conclusion is made on the need to develop and implement the project aimed at informing small and medium-sized businesses about the implementation of the reform of the means of control and supervision in the Russian Federation, as well as the conditions for their operation within the framework of the reform. The author also offers to introduce the system of common register of mandatory requirements and guidelines for their observance in accordance with the type activity on the single web portal with the option of the first-party audit.