Issues of Using Analytical Procedures in the Audit Activities of the Republic of Uzbekistan
Keywords:
Audit, Audit procedures, Analytical procedures, The audit stage, The effectiveness of the audit
Abstract
The evolution of global audit practices has led to an increased emphasis on analytical procedures, which enhance overall audit quality. This article explores the role and significance of these procedures, focusing on their practical application in improving audit methodologies. Despite the widespread use of analysis in auditing, there remains a gap in optimizing the methods and guidelines for their effective implementation. The research aims to address this gap by examining current practices and proposing enhancements. Using a combination of literature review and case studies, the study finds that refining analytical procedures can significantly improve audit accuracy and efficiency. These findings have important implications for advancing audit methodologies and standards globally.
References
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[9] M. A. Turgunovich, M. Khozhiboev, I. S. Tursunbekovich, and K. H. Khasanovich, "The Procedure for Auditing Financial Results Based on International Financial Reporting Standards," NeuroQuantology, vol. 20, no. 11, pp. 2073, 2022.
[10] A. T. Mamajonov, "Theoretical Aspects of the Conceptual Basis for Preparing and Presenting Financial Statements," Archive of Scientific Research, vol. 4, no. 1, 2022.
[11] M. A. Turgunovich, X. M. Shodimukhamedovich, and K. K. Khasanaovich, "Improving the Organization of Management Analysis in Agriculture," International Journal of Early Childhood Special Education, vol. 14, no. 3, 2022.
[12] A. T. Mamajonov and Sh. K. Qodirov, "Analysis of Product Cost in Farmer Enterprises and Its Improvement," Science and Education, vol. 3, no. 7, pp. 350-358, 2022.
[13] M. A. Turgunovich, "Accounting of Income and Expenses for Regular Activities," European Journal of Agricultural and Rural Education, vol. 2, no. 9, pp. 20-22, 2021.
[14] A. T. Mamajonov and M. Sh. Khozhiboev, "Features of Accounting Organization in Commercial Banks," TECHnika, vol. 3-4, no. 7-8, pp. 3-6, 2021.
[15] A. T. Mamajonov, "Economic Criteria for Classifying Foreign Exchange Operations," TECHnika, vol. 3-4, no. 7-8, pp. 7-11, 2021.
[2] "AMC 520 Analytical Procedures International Standards for Audit and Quality Control: Part I, Volume 2," IMV.Uz, 2020. [Online]. Available: https://www.imv.uz/. [Accessed: Oct. 1, 2024].
[3] K. K. Arabyan, Organization and Conduct of Audit Inspections. Moscow, Russia: UNITY, 2009, p. 155.
[4] M. V. Melnik and V. G. Kogdenko, Economic Analysis in Audit. Moscow, Russia: UNITY-Dana, 2007, p. 543.
[5] M. B. Yusupova, "Improvement of Methods of Analysis," Journal of Pharmaceutical Negative Results, pp. 2072-2076, 2022.
[6] M. A. Turgunovich, "Theoretical Foundations of Accounting for the Production and Sale Process in Enterprises," Talim Va Rivojlanish Tahlili Onlayn Ilmiy Jurnali, vol. 3, no. 6, pp. 142-144, 2023.
[7] A. T. Mamajonov, "Theoretical Foundations of Marginal Analysis in Economic Entities," Gospodarka i Innowacje, vol. 35, pp. 538-542, 2023.
[8] A. T. Mamajonov, "Organizational and Methodological Aspects of Accounting and Analysis of Financial Results," Ministry of Science and Higher Education of the Republic of Kazakhstan, vol. 395, 2022.
[9] M. A. Turgunovich, M. Khozhiboev, I. S. Tursunbekovich, and K. H. Khasanovich, "The Procedure for Auditing Financial Results Based on International Financial Reporting Standards," NeuroQuantology, vol. 20, no. 11, pp. 2073, 2022.
[10] A. T. Mamajonov, "Theoretical Aspects of the Conceptual Basis for Preparing and Presenting Financial Statements," Archive of Scientific Research, vol. 4, no. 1, 2022.
[11] M. A. Turgunovich, X. M. Shodimukhamedovich, and K. K. Khasanaovich, "Improving the Organization of Management Analysis in Agriculture," International Journal of Early Childhood Special Education, vol. 14, no. 3, 2022.
[12] A. T. Mamajonov and Sh. K. Qodirov, "Analysis of Product Cost in Farmer Enterprises and Its Improvement," Science and Education, vol. 3, no. 7, pp. 350-358, 2022.
[13] M. A. Turgunovich, "Accounting of Income and Expenses for Regular Activities," European Journal of Agricultural and Rural Education, vol. 2, no. 9, pp. 20-22, 2021.
[14] A. T. Mamajonov and M. Sh. Khozhiboev, "Features of Accounting Organization in Commercial Banks," TECHnika, vol. 3-4, no. 7-8, pp. 3-6, 2021.
[15] A. T. Mamajonov, "Economic Criteria for Classifying Foreign Exchange Operations," TECHnika, vol. 3-4, no. 7-8, pp. 7-11, 2021.
Published
2024-10-01
How to Cite
Talibjanovich, K. B., & Botiralievna, Y. M. (2024). Issues of Using Analytical Procedures in the Audit Activities of the Republic of Uzbekistan. Central Asian Journal of Innovations on Tourism Management and Finance, 5(5), 191-196. https://doi.org/10.17605/cajitmf.v5i5.728
Section
Articles
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