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PROSPECTS FOR DEVELOPING UZBEKISTAN'S RELATIONS WITH INTERNATIONAL FINANCIAL ORGANIZATIONS
Farangiz-bonu Ortigaliyeva, Zilola Shamansurova

Our article discusses the importance of international financial organizations and their role in economic development, as well as an analysis of Uzbekistan's current financial relations with international financial organizations and the prospects for expanding cooperation between them. The main areas of cooperation are analyzed using the example of the International Monetary Fund (IMF) and the World Bank.


After gaining independence, Uzbekistan established active relations with international financial institutions. In particular, it has implemented a number of major projects in the fields of agriculture, transport, healthcare, education, infrastructure, energy, and construction. In recent years, reforms aimed at liberalizing the economy and increasing investment attractiveness have led to further expansion of cooperation. The article highlights Uzbekistan's promising projects with these organizations aimed at sustainable development, green economy, inclusive economy, poverty reduction, employment generation, and creation of modern infrastructure through long-term strategies. As a result of this cooperation, it is envisaged that our country will strengthen its integration into the global economy.

11/29/2024
  • PDF (Uzbek)
237-244 89 36
NATIONAL FINANCIAL REPORTING STANDARDS: STATEMENT OF COMPREHENSIVE INCOME (METHODOLOGICAL APPROACH)
Nodira Khasanova

The article is devoted to the preparation of the project “National Standard Financial Reporting” (NSFR) within the framework of the transition to international financial reporting standards in our republic. As a result, it fully ensures the process of applying international financial reporting standards (IFRS) by existing organizations and business entities. Theoretical and methodological considerations are expressed on the "Statement of Comprehensive Income” developed within the framework of the NSFR project, as well as scientific proposals and practical recommendations for improving this standard are given.

07/31/2025
  • PDF (Uzbek)
266-274 70 43
PRACTICAL EFFECTIVENESS OF FINANCIAL SUPPORT IN ENHANCING EXPORT CAPACITY: THE RESEARCH AND RESULTS
Elshod Xojiyev

From 2021 to 2024, the government allocated financial resources ranging from 330 billion to 560 billion UZS to support exporting enterprises. As a result of financial assistance aimed at increasing export potential, local products worth 14 billion USD were delivered to foreign markets. The article evaluates the impact of government-provided financial support on the export potential of enterprises operating in the Republic of Uzbekistan and analyzes the efficiency of the allocated funds.

02/27/2025
  • PDF (Uzbek)
211-218 60 53
DEFINITION AND PRINCIPLES OF FINANCIAL RESULTS ACCORDING TO INTERNATIONAL STANDARDS
Farizabonu Yusupova

This article mentions current issues regarding the transfer of financial results accounting to international standards. Definitions given to financial results by foreign and domestic scientists have been critically studied. In the research work, an improved author's definition of financial results was developed. In the definition provided by the author, it is taken into account that profit or loss occurs as a result of the formation of financial results in accordance with international standards, the comparison of income and expenses based on the principle of compatibility, profit increases private capital, and loss is a factor that decreases private capital. The sequence of implementation of the principles of accrual, realization, compliance and economic benefit is recommended.

04/30/2024
  • PDF (Uzbek)
654-662 73 77
FOREIGN EXPERIENCE IN FINANCIAL SUPPORT OF THE AGRICULTURAL SECTOR
Feruza Inomjonova

This article discusses issues of financial support for the agricultural sector. A
review of existing instruments of state financial support for agricultural producers in developed
countries was carried out. An analysis of direct and indirect methods of financial support for the
agricultural sector of the USA and Canada was carried out. As a result of the analysis, conclusions
were drawn about financial support for the agricultural sector

02/29/2024
  • PDF (Uzbek)
392-398 75 66
TAX REGULATION OF THE FINANCIAL SECTOR
Kishibay Kudiyarov

In this study, theoretical and practical approaches to tax regulation of the financial sector are studied. Effective tax regulation considers the application of a tax on financial activities. As a result of the analysis, conclusions were drawn on financial activity tax.

01/31/2024
  • PDF (Uzbek)
382-387 108 65
PRACTICE OF PREPARING AND PRESENTING FINANCIAL PERFORMANCE REPORTS IN BUDGETARY ORGANIZATIONS
Shakhidzhakhan Kalonov

In this article, the process of creating and presenting reports on financial results in budget organizations, its specific aspects, and the problems associated with it are studied. During the research, the theoretical and methodological foundations of financial reports, international experience and national operations were analyzed. Ways to solve the existing problems and promising directions are justified. Research results serve to improve the reporting system in budget organizations and increase the efficiency of using state funds.

11/29/2024
  • PDF (Uzbek)
515-521 74 28
IMPROVEMENT OF ACCOUNTING OF FINANCIAL RESULTS
Otabek Kholmurodov

The article describes the organization of financial results of business entities on the basis of international standards of financial reporting. Based on the information obtained from the operation, the accounting of financial results is reflected in the accounts.

05/31/2024
  • PDF (Uzbek)
716-722 100 75
IMPROVING THE MANAGEMENT ACCOUNTING METHODOLOGY OF COMPANIES IN THE ENERGY INDUSTRY OF UZBEKISTAN TO INCREASE THE EFFECTIVENESS OF THEIR FINANCIAL MANAGEMENT
Marina Glazova

The article is devoted to identifying ways to improve the management accounting methodology of companies in the energy industry of Uzbekistan to increase the efficiency of their financial management. To do this, a regression analysis of the dependence of the availability and quality of provided electricity resources in Uzbekistan on the factors identified in the literature review is carried out based on World Bank statistics for 2003-2020. As a result, key areas of management accounting for companies in the energy industry of Uzbekistan have been identified, which have the greatest positive impact on the efficiency of their financial management. Taking into account the identified areas, the author's recommendations are proposed to improve the methodology of management accounting of energy industry companies in Uzbekistan to increase the efficiency of their financial management.

03/30/2024
  • PDF (Russian)
253-258 143 78
ANALYSIS OF FINANCIAL PERFORMANCE ACCOUNTING AND OPPORTUNITIES TO INCREASE PROFITS IN ENTERPRISES OF THE WINE INDUSTRY
Lazizbek Botirov

This article talks about the calculation of financial results in wine industry enterprises, the regulation of financial results and increasing profit in it, the essence, theoretical foundations of the accounting of financial results in wine industry enterprises, and the possibilities of increasing profit in wine industry enterprises.

02/29/2024
  • PDF (Uzbek)
66-71 99 97
THE IMPORTANCE OF A RESULT ORIENTED BUDGETING SYSTEM
Nigora Primova

The article discusses the issues of results-oriented budgeting. Results-based budgeting in a complex nonlinear system requires the formation of a clear financial goal. This also requires the formation of some basic indicators to determine even non-financial factors, norms, values that can be converted into budget revenues and expenses. The purpose of budget formation and execution is to achieve specific results in accordance with the strategic directions, goals and objectives of state budget policy.
The author proposes a model for combining budget management with the “target funnel (vortex)” method, which ensures that budget expenditures are directed towards a target with the efficiency of their use in the financial and economic space. Performance management requires the work to be done to achieve them and the resources that must be expended in the process of doing that work. The paradigm that integrates the management of these three components is performance budgeting. The hallmark of results-based budgeting is flexibility. This flexibility allows the program administrator to adjust the annual financial plan based on the results of systematic monitoring of management activities, decision-making and measures to further improve public administration. It will also be possible to reward subjects who achieve the best results.

03/30/2024
  • PDF (Uzbek)
399-413 126 73
IMPROVING NEW GENERATION BANKING SERVICES IN THE CONTEXT OF ECONOMIC CHANGES
Aziza Azlarova

This article examines the issues of improving next-generation banking services in the context of economic transformations. The practice of providing next-generation banking services through modern financial technologies under conditions of digital transformation is analyzed. As a result of the research conducted on the topic, existing problems were identified, and practical proposals and scientific recommendations for their elimination were developed.

11/28/2025
  • PDF (Uzbek)
310-318 14 15
IMPROVING THE AUDIT OF FINANCIAL RESULTS
Otabek Kholmurodov

The article describes the issues of improving the audit of financial results of business entities. The procedure for conducting an audit of financial results based on the information obtained from the practice is described.

06/30/2024
  • PDF (Uzbek)
482-488 98 36
ANALYSIS OF FINANCIAL RESULTS OF ENTERPRISES OPERATING IN OUR COUNTRY
Mamura Kushakova

This article focuses on the analysis of indicators detailing the financial results of enterprises operating in our country. In addition, the article specifis that financial results can be determined based on the analysis of indicators expressed in the form of profit or loss of an economic entity.

12/31/2023
  • PDF (Uzbek)
182-187 96 117
DIRECTIONS FOR DRAFTING ACCOUNTING POLICIES BASED ON THE REQUIREMENTS OF INTERNATIONAL STANDARDS
Jamshid Sayfulloyev

This article highlights the importance of accounting policies in the organization of accounting work and financial reporting in business entities. The article clarifies the goals set by the management of an economic entity when forming accounting policies. As a result of the study, recommendations were developed for the use of international financial reporting standards in the formation of accounting policies.

11/30/2023
  • PDF (Uzbek)
470-474 86 73
THEORETICAL FOUNDATIONS OF FINANCIAL RESULTS ACCOUNTING
Zilola Eshbekova

The article is devoted to the study of the theoretical foundations of the accounting of financial results, the adaptation of today's relevant accounting to international standards, the study of the accounting of financial results was carried out. Also, within the framework of economic literature, problems related to the industry in our country and their elimination were analyzed, and conclusions were drawn at the end.

05/31/2023
  • PDF (Uzbek)
233-238 69 43
INFLUENCE OF ARTIFICIAL INTELLIGENCE TECHNOLOGIES DEVELOPMENT ON THE FINANCIAL MARKET
Dilora Abdurakhimova

The creation of artificial intelligence and its widespread penetration into various sectors of the economy are causing the establishment of quality systems through highly efficient "smart" technologies. However, it is not known what the consequences of their daily development and perfection will be. The article examines the impact of the development and wide implementation of artificial intelligence on the financial market and its prospects as a result of its development based on information from international consulting companies.

07/31/2024
  • PDF (Uzbek)
221-229 84 28
TAXATION OF PROFIT OF COMMERCIAL BANKS
Zafarjon Abdullaev

This article discusses the corporate income tax of banks. Empirical studies have revealed the significance of the impact of corporate income tax on the structure of capital and liabilities of banks, leverage and loan portfolios. As a result of the analysis, conclusions were drawn on the taxation of bank profits.

02/29/2024
  • PDF (Uzbek)
266-272 87 76
ISSUES OF TRANSITION TO INTERNATIONAL FINANCIAL REPORTING STANDARDS IN THE BANKING SYSTEM OF UZBEKISTAN
Abdugapur Ibragimov

This article analyzes the features of the application of international financial reporting standards in commercial banks, the nature and content of the international standard in banks, the analysis of interpretations of the international standard in various scientific publications, the features of the methodology of using some international standards in banks and transformational in the optimal variant is expressed. As a result of the research, the author expressed his opinion on the application of international financial reporting standards in commercial banks and developed recommendations.

07/31/2023
  • PDF (Uzbek)
143-150 104 129
ANALYSIS OF THE CURRENT STATE OF THE INTERNATIONAL CURRENCY MARKET
Shokhzodbek Togainiyazov

This article also examines the impact of the development of the international currency market on the global financial architecture. During the study, various aspects were studied, including the economic essence, theoretical and legal foundations for attracting capital from the international financial market, analysis of the current state of attracting capital, literature analysis, and a research project. As a result of research identified the problems and opportunities associated with the development of the international foreign exchange market. It was determined that in order to develop a more efficient and stable foreign exchange market, it is necessary to strengthen the regulatory framework, increase market transparency, improve risk management practices, and strengthen investor protection measures.

06/27/2023
  • PDF (Uzbek)
53-59 460 138
DIRECTIONS FOR DEVELOPING INVESTMENT ACTIVITIES IN AGRICULTURE
Alisher Burxanov

This article analyzes the need for investment in agriculture, as well as the changes in the structure of added value created in the sector as a result of the reforms being implemented in the country's agriculture. The views and opinions of research scientists on the organization of investment activities of agricultural enterprises are discussed. Based on the approach of systematic analysis, proposals are put forward that the formation of a system of financial support for investment activities is based on the mutual harmony and integrity of financial, investment and production and commercial activities. The article systematizes the objects and incentive factors of investment activities of agricultural enterprises. Also, a model of the investment activity cycle associated with the production and use of agricultural products, that is, the economic objects of investment, is proposed.

10/31/2025
  • PDF (Uzbek)
49-63 53 23
ACCOUNTING FOR INTANGIBLE ASSETS: COMPARATIVE ANALYSIS OF NAS AND IFRS REQUIREMENTS AND DIRECTIONS FOR IMPROVEMENT
Umida Rozmatova

The paper discusses the harmonization of the current rules of the 7th National Accounting Standard (NAS) “Intangible Assets” with the requirements of International Financial Reporting Standards (IFRS). Scientific proposals and recommendations are provided for introducing amendments and additions to the relevant provisions of the NAS. As a result, the compliance of the current 7th NAS “Intangible Assets” with IFRS requirements is ensured, creating opportunities for their practical application in enterprises.

08/29/2025
  • PDF (Uzbek)
119-127 141 57
SPECIFIC FEATURES OF TAX RISK MANAGEMENT IN UZBEKISTAN AND MEASURES FOR THEIR MITIGATION
Feruza Jumaniyazova

The tax system in Uzbekistan has been evolving as a result of recent reforms, bringing about challenges such as the complexity of tax legislation, the incomplete digitalization process, and financial risks affecting the economic stability of taxpayers. This article explores the specific features of tax risk management in the Republic of Uzbekistan and the measures to mitigate these risks. The article outlines proposed methods for managing tax risks, including simplifying legislation, enhancing digitalization, and strengthening tax control. Additionally, concrete proposals aimed at improving the efficiency of the tax system are provided. The article is intended to contribute to the improvement of tax system efficiency and the overall economic stability of the country.

09/30/2024
  • PDF (Uzbek)
111-120 75 47
THE IMPACT OF TAXATION ON CORPORATE FINANCIAL DECISION MAKING
Kishibay Kudiyarov

This article examines the influence of the corporate tax system on the financial decisions of enterprises. The study analyzes the impact of corporate tax on the transfer of profits and the capital structure of companies. As a result of the analysis, conclusions were drawn on improving the corporate tax system

03/30/2024
  • PDF (Uzbek)
348-355 71 56
ANALYSIS OF PROSPECTS FOR THE SERICULTURE INDUSTRY IN UZBEKISTAN
Mamarasul Xudoykulov

This article is devoted to the analysis of large-scale reforms inorganization of production activities at the enterprises of the silk industry, as well as the analysis of financial performance indicators.

11/30/2023
  • PDF (Uzbek)
425-430 69 80
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