AUDIT OF LIABILITIES: THEORY, METHODOLOGY AND PRACTICE

Authors

  • Farxodjon Ochilov Author

Keywords:

Key words. liabilities, international standards on auditing, financial statement auditing, audit risk, level of materiality, internal control system, analytical procedures, audit evidence, control tests, subsequent events, going concern assumption.

Abstract

Abstract. Nowadays a number of regulatory and legal documents are being developed on auditing and giving conclusions financial statements of economic entities of various ownership types operating in the territory of the Republic of Uzbekistan based on the requirements of international audit standards. In this article explained the theoretical and practical considerations of the use of international audit standards by auditors in conducting risk-based audits of business entities. In addition, suggestions and recommendations were developed to eliminate inconsistencies in financial statements and reduce the risk of significant misstatements.

Author Biography

  • Farxodjon Ochilov

    PhD, Associate professor in Audit department at the
    Tashkent State University of Economics

Downloads

Published

2024-08-10

Issue

Vol. 1 No. 1 (2024): BARQAROR IQTISODIY OʻSISH ORQALI AHOLI TURMUSH FAROVONLIGINI OSHIRISH MASALALARI

Section

Статьи

How to Cite

AUDIT OF LIABILITIES: THEORY, METHODOLOGY AND PRACTICE. (2024). Modern Education and Development, 1(1), 312-316. https://modernedu-dv.com/index.php/dv/article/view/184