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THE ROLE OF INTERNAL CONTROL AND AUDIT IN INTERNATIONAL PRACTICE
Farrukh Toshpulatov

From a theoretical point of view, the article highlights the foreign experience of legal regulation of the organization of internal control and audit, which includes the stages of development of legal support for the organization of internal control and audit around the world, the provisions of the Sarbanes Law. The Oxley Act on the organization of internal control, including: issues such as corporate responsibility, auditor independence and conflict of interest, transparency of financial reporting, creation of regulatory bodies at the organizational and state levels are explored.
The article also provides a more comprehensive overview of the responsibilities for setting up and maintaining internal controls and the requirements for a board of directors in the UK. In addition, the main documents in the field of regulation of internal control and audit in the EU countries were studied. Unlike foreign countries, our national legislation subjected to a critical analysis of the existing legal documents on the organization of internal control and audit.

09/30/2024
  • PDF (Uzbek)
404-413 72 28
METHODOLOGY FOR ORGANIZING INTERNAL AUDIT IN NON- STATE NON-PROFIT ORGANIZATIONS
Mekhriddin Khojiyev

This article examines the problematic aspects of organizing and conducting internal audit in non-state non-profit organizations (NGOs), the purpose and objectives of internal audit, the stages of internal audit in the activities of NGOs and identifies solutions for meeting the requirements for it. Recommendations were also given to eliminate shortcomings and errors identified during the internal audit of NGOs. As a result, the composition of the internal audit report and the methodology for its preparation were proposed to the supervisory board based on the results of the internal audit in the NGO

04/30/2024
  • PDF (Uzbek)
579-591 94 64
IMPROVING PROCESSES FOR ASSESSING THE INTERNAL CONTROL SYSTEM IN INSURANCE ORGANIZATIONS
Maftunakhan Abduraimova

The article describes the processes for assessing the internal control system, the stages of checking the internal control system, the model for identifying and assessing internal control, as well as the criteria for managing the internal control system in insurance organizations. As a result of the study, proposals and recommendations were developed to improve the process of assessing the effectiveness of the internal control system in insurance organizations.

02/29/2024
  • PDF (Uzbek)
273-282 83 88
THEORETICAL ISSUES OF INTERNAL CONTROL OF JOINT-STOCK COMPANIES IN THE PROCESS OF CORPORATE GOVERNANCE
Ravshan Abdualimov

This article provides extensive coverage of the main aspects of the internal control
system of joint-stock companies in the process of corporate governance. The measures taken in the practice of effective organization of the activities of joint-stock companies in the Republic of Uzbekistan, the introduction of an internal audit system of management processes have been scientifically studied. The concept of "internal control" and its role in the process of effective management of joint-stock companies are analyzed. 

06/30/2024
  • PDF (Uzbek)
289-297 97 44
INTERNAL AUDIT INSPECTIONS IN COMMERCIAL BANKS ORGANIZATION PROCEDURE AND SPECIFIC CHARACTERISTICS
Zukhra Murtazayeva, Salim Togaev

Internal control, that is, audit service, has a special place and importance in increasing the competitiveness of commercial banks in the national economy, further strengthening their position in international integration and economic processes, as well as in checking and evaluating the compliance of banks activities with global requirements and standards. The above issues were considered in the article, suggestions and recommendations for improving the internal audit service were given.

01/31/2024
  • PDF (Uzbek)
75-82 313 196
IMPROVEMENT OF INTERNAL AUDIT IN THE PUBLIC SECTOR
Sanjar Muhamedov

This article covers the issues of improving internal audit in the public sector. It is proposed to use foreign experience in the organization of internal audit.

01/31/2024
  • PDF (Uzbek)
420-424 136 88
ISSUES OF ORGANIZATION OF INTERNAL AUDIT IN THE TAX SYSTEM
Sanjar Muhamedov

This article covers the issues of organization and improvement of internal
audit in the system of tax authorities. Proposals are made based on the analysis of internal audit
organization practice.

02/29/2024
  • PDF (Uzbek)
501-505 80 76
THE IMPORTANCE OF INTERNAL AUDIT IN THE CORPORATE GOVERNANCE SYSTEM OF JOINT-STOCK COMPANIES
Nargiza Abdieva

The article highlights the importance of internal audit in the corporate governance of joint-stock companies. The measures taken in the Republic of Uzbekistan to radically improve the efficiency of joint-stock companies and the introduction of modern corporate governance methods have been scientifically studied. A scientific interpretation of the concept of "corporate governance" is presented, as well as an effective corporate governance structure.

04/30/2024
  • PDF (Uzbek)
295-303 102 71
THE ROLE OF TAXATION, INDEPENDENT AUDIT AND INTERNAL CONTROL IN IMPROVING THE QUALITY OF FINANCIAL REPORTING
Fakhriddin Isaev

This article justifies that the role of taxation, independent audit and internal control is important in improving the quality of financial reporting. Moreover, relevant conclusions have been developed at the end of the article.

11/30/2023
  • PDF (Uzbek)
305-310 88 71
FEATURES OF THE INTERNAL AUDIT OF MATERIAL VALUES IN HIGHER EDUCATION INSTITUTIONS
Sherzod Sindarov

In this article, the auditing methods and procedures used in the internal audit of tangible assets in higher education institutions, in particular, the content of the inventory method used in this process, the characteristics of the inventory method, and the relevance of conducting research in this field are revealed. In the "discussion" part of the article, the opinions expressed by the economists who conducted scientific research on this topic, their scientific views, and the aspects of their opinions different from the author's scientific ideas are highlighted on the basis of theoretical opinions. In this, the sources reflecting the ideas of each economist who conducted research on the topic of the article are reflected in detail.

11/30/2023
  • PDF (Uzbek)
368-376 79 74
INTERNAL AUDIT PROCESSES IN LIGHT INDUSTRIAL ENTERPRISES AND PROSPECTS FOR IMPROVING THEIR EFFECTIVENESS
Azamat Makhmudov

The article reveals the importance of information and software for the organization of audit activities, in particular, proposals are made taking into account the best foreign experience on the use of analytical procedures for the purposes of internal audit, as well as on the organization of economic analysis at the country's textile and sewing and knitting enterprises.

02/29/2024
  • PDF (Uzbek)
165-173 119 90
ECONOMETRIC MODELING AND FORECASTING OF INTERNAL AND EXTERNAL FACTORS AFFECTING PRODUCT COST
Muzaffar Mardanov

This article analyzes the economic significance of internal and external factors affecting product cost, as well as methods of econometric modeling and forecasting to assess their impact. Additionally, the article covers the practical application of econometric modeling and forecasting and their impact on the activities of manufacturing enterprises. Scientific proposals and practical recommendations are provided based on the research results.

07/31/2024
  • PDF (Uzbek)
346-354 85 29
IMPROVEMENT OF ORGANIZATIONAL MECHANISMS OF CONSOLIDATED FINANCIAL REPORTING IN JOINT STOCK COMPANIES
Azamat Eshankulov

Determining the separate stages of the organizational aspects for the preparation of consolidated financial statements and the formation of items related to the accounting policy are disclosed. Ways to make the reporting process more efficient and accurate by improving organizational mechanisms are considered. Also, it is proposed to strengthen the internal control systems and innovative approaches that can be used in this process. The results of the work serve to increase the financial transparency of joint-stock companies and strengthen their investment attractiveness.

10/31/2024
  • PDF (Uzbek)
44-53 147 87
THEORETICAL FOUNDATIONS OF INNOVATIVE DEVELOPMENT OF INDUSTRIAL ENTERPRISES
Nigora Xasanova

This article analyzes the theoretical foundations of innovative development in industrial enterprises. Innovation plays a vital role in increasing growth rates and competitiveness in an industry. The article examines various theoretical models of innovative development, their stages, and the specifics of their application in industrial enterprises. It also analyzes the internal and external factors necessary for effective innovation management. Recommendations for the practical application of theoretical knowledge are provided, and areas for further research are identified.

10/31/2025
  • PDF (Uzbek)
215-222 43 24
LIQUIDITY MANAGEMENT IN BANKING CRISIS
Nasiba Sattorova

The scientific article examines the factors affecting the liquidity of commercial banks during the current banking crisis. In this case, the bank's liquidity depends not only on the bank's internal but also external factors. Also, the rational allocation of resources from the point of view of generating income has a positive effect on the financial stability of banks, in particular, on their liquidity. At the moment, the low quality of loans allocated by banks and the increase in the volume of problem loans have a negative impact on bank liquidity.

05/31/2023
  • PDF (Uzbek)
192-197 73 40
THE AFFECT OF DEVELOPING THE INNOVATIVE INFRASTRUCTURES IN SMALL BUSINESS ENTERPRISES BY INTERNAL AND EXTERNAL FACTORS
Feruz Nasrullaev

In this article, the need to adapt the production of small businesses to the conditions of economic modernization has led to increased interest in the formation of an innovative infrastructure, since it is almost impossible to identify prospects and develop measures to increase the competitiveness of the industry in market conditions without anticipating further development trends. In this regard, important internal and external factors influencing the development of measures to develop the infrastructure of innovative services for small business enterprises are highlighted.

09/30/2024
  • PDF (Uzbek)
336-343 67 27
THE EFFECT OF GLOBALIZATION PROCESSES ON THE ECONOMIC SECURITY OF THE COUNTRY
Temur Ismatullayev

In this article, the processes of globalization and its impact on the country's economic security, as well as internal and external factors that threaten economic security, are thoroughly studied.

06/27/2023
  • PDF (Uzbek)
43-52 1201 356
PROFIT PLANNING AND FACTORS AFFECTING IT
Азизахон Гафурова

This article examines the concept of profit, how it is formed and the factors that influence it. Profit is affected by many factors, and they were divided into two groups: external and internal factors. Bank profit is formed on the basis of the bank's credit, deposit, settlement and other types of banking activities. Traditionally, the largest share falls on the margin, that is, the difference between deposit and credit interest. The scientific work also examines and analyzes the practical data of the entire banking system throughout 2023. Based on these data, the largest share of the income item, as well as expenses, was determined. In addition, it is possible to observe the dynamics of increase and decrease in interest and non-interest income.

08/30/2024
  • PDF (Russian)
256-261 311 43
FACTORS INFLUENCING THE DEVELOPMENT OF TOURISM IN THE REGIONS AND THE NEED FOR THEIR PLANNING
Abduvokhid Turaev

The article analyzes in detail the factors influencing the development of tourism in the regions. The role and importance of external and internal factors in the development of tourism are discussed.

07/31/2024
  • PDF (Uzbek)
186-189 79 26
CLASSIFICATION CHARACTERISTICS OF FACTORS AFFECTING THE COMPETITIVENESS MANAGEMENT SYSTEM OF TEXTILE ENTERPRISES
Akmaljon O‘rinov

This article is dedicated to the classification and analysis of factors influencing the management system of competitiveness in textile enterprises. It examines the key aspects of the management system necessary to improve the quality of products manufactured by enterprises in the textile industry and to ensure their competitiveness. As a solution to the issue, both internal and external factors are analyzed, including resources, innovation activities, strategic programs, and the significance of the management system, as well as the technologies and human resources required to enhance competitiveness.

05/30/2025
  • PDF (Uzbek)
136-143 77 38
PROSPECTS FOR INCREASING THE INVESTMENT POTENTIAL OF THE REPUBLIC OF UZBEKISTAN
Mavluda Yahshieva

This article provides information about effective investment activities that stimulate increased production efficiency in the context of modern development of the world economy, strategic support for the formation of internal mechanisms, and the presence of main negative trends that impede the development of investment activities. processes in the Republic of Uzbekistan and promising directions for their development.

05/31/2024
  • PDF (Russian)
760-764 63 22
TIJORAT BANKLARIDA KASSA OPERATSIYALARINI TASHKIL ETISHNING USLUBIY JIHATLARI
Abdugapur Ibragimov, Sherzad Sharakhmetov

This scientific article reviews the theoretical and practical aspects of the organization of cash transactions of banks. In addition, the methodological issues of the key aspects of the organization of cash transactions and their audit in commercial banks are revealed.

05/31/2024
  • PDF (Russian)
496-504 86 99
THE CONTENT AND ESSENCE OF THE MECHANISM OF DEVELOPMENT OF ENTERPRISES IN THE CONSTRUCTION MATERIALS INDUSTRY
Umida Uzakova

The scientific article shows the content and essence of the mechanism of development of enterprises in the construction materials industry. In particular, ensuring the integration of elements of organizational structures and increasing the competitiveness of the enterprise; ensuring self-regulation and interaction of elements in order to organize efficient production; ensuring a steady push to create a permanent combination of production factors based on innovative risk; based on increasing the sustainability of the internal and external environment of the enterprise, as well as ensuring liberalism and effective development of enterprises.

05/31/2024
  • PDF (Uzbek)
326-337 154 92
THEORETICAL AND PRACTICAL RESEARCH ON CHINA'S RESPONSE TO POPULATION AGING IN THE NEW ERA
Zhe Zhang

Population aging is an important trend of social development. At present, China is in the largest aging process in history, catching up with or even surpassing the aging speed of Western countries in the rapid evolution, with many pressures and challenges under the complex internal and external environment. China has put forward a series of new theories, new ideas and new strategies on the work of aging, forming a theoretical system with rich connotation, complete system and strict logic, which guides the practice of the Chinese government to deal with population aging. This paper deeply analyzes the relevant theoretical basis, analyzes the current situation, characteristics and causes of China's aging, and summarizes the practice of China's innovative response to aging since 2010, in order to provide valuable experience for the rest of the world to deal with aging.

04/30/2024
  • PDF
283-294 146 168
ECONOMETRIC MODELING OF THE INCREASE OF THE LIVING STANDARD OF THE POPULATION ON THE BASIS OF THE NEIGHBORHOOD WORKING SYSTEM IN THE REGIONS
Fazliddin Muminov

The article analyzes the research results of foreign and domestic scientists on reducing poverty and improving the standard of living of the population. Analytical opinions about the created system for reducing poverty and future plans were put forward. Internal and external factors influencing the improvement of the standard of living of the world population and the reforms aimed at them, scientific researches on reducing poverty continue on a large scale. In particular, the optimal point of the consumption basket, the minimum living wage, the minimum consumption expenditure amount, and the development of criteria for determining the poverty and destitution thresholds, as well as comments on the scientific research works on the directions of private entrepreneurship for the population based on the neighborhood work system. In the literature analysis, normative documents issued on poverty reduction in our country are cited. Proposals and recommendations for the further development of the population's standard of living are presented based on the neighborhood work system.

04/30/2024
  • PDF (Uzbek)
150-158 121 95
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