IMPROVING THE AUDIT OF INTANGIBLE ASSETS (ON THE EXAMPLE OF JSCB "ASAKABANK")
DOI:
https://doi.org/10.60078/3060-4842-2025-vol2-iss4-pp539-546Abstract
This article discusses the issues of improving the audit of intangible assets (IA) using the example of Asakabank JSCB operating in the banking system of Uzbekistan. The study analyzed software, internet banking platforms, mobile applications, brand value and other intellectual property objects recorded in the bank's balance sheet in accordance with the requirements of IFRS 38 "Intangible Assets" and IFRS 3 "Business Combinations". The main problems encountered in the process of auditing IIA at Asakabank - subjectivity in valuation, insufficient completeness of the legal documents base, discrepancies in depreciation policies - were identified, and proposals and recommendations based on advanced international practices were developed to eliminate them. In particular, measures such as standardizing the valuation methodology, integrating digital technologies into the audit process, improving the skills of auditors and strengthening intellectual property rights were proposed. The results of the study will serve to increase the transparency of the audit of intangible assets at Asakabank JSCB and ensure the reliability of financial statements.
Keywords:
intangible assets IFRS 38 IFRS 3 Asakabank JSC audit accounting intellectual property brand value software valuation methodologyReferences
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