IMPROVING ACCOUNTING AND AUDITING OF GOODS AND MATERIAL RESOURCES

Authors

  • Alimkhanova Nigora Senior Lecturer, Karshi Engineering Economic Institute

Keywords:

accounting, auditing, goods, material resources, inventory management, financial reporting, transparency, accountability, best practices, compliance.

Abstract

This article summarizes the importance of improving accounting and auditing of goods and material
resources in the field of accounting and finance. It highlights the challenges involved in accounting for
inventory transactions and the need for effective inventory management systems. Authors also suggests
best practices, such as conducting regular physical inventory counts and using automated inventory
tracking systems, to improve accounting and auditing processes. Overall, the article emphasizes the
importance of accurate financial reporting and maintaining the financial health of a business.

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Published

2023-06-19

Issue

2023: Special Issue_PROBLEMS AND PROSPECTS FOR THE DEVELOPMENT OF ACCOUNTING, ECONOMIC ANALYSIS AND AUDIT BASED ON INTERNATIONAL STANDARDS IN THE CONDITIONS OF ECONOMY DIGITALIZATION

Section

Articles