DIRECTIONS FOR DETERMINING THE CORRECTNESS OF ESTIMATED VALUES IN THE AUDIT OF FINANCIAL STATEMENTS

Anvar Ziyadullayevich Avlokulov

DIRECTIONS FOR DETERMINING THE CORRECTNESS OF ESTIMATED VALUES IN THE AUDIT OF FINANCIAL STATEMENTS

Authors

Anvar Ziyadullayevich Avlokulov Professor, Tashkent State University of Economics

Keywords:

financial statement audit, estimated values, fair value, audit, general audit plan, audit program, audit risk, audit conclusion.

Abstract

This article examines the importance and necessity of determining the correctness of estimated values in the audit of financial statements. As a result of the research conducted, proposals were developed to determine the correctness of estimated values.

References

Dixon, J., & Frolova, Y. (2013). Accounting for good governance: The fair value challenge. Corporate Governance: The International Journal of Business in Society, 13(3), 318-331.

Lambert, T.A., Agoglia, C.P. Closing the loop: Review process factors affecting audit staff follow-through (Review). // Journal of Accounting Research, Volume 49, Issue 5, December 2011, Pages 1275-1306.

Du, N., Budescu, D.V. The effects of imprecise probabilities and outcomes in evaluating investment options (Article). // Management Science, Volume 51, Issue 12, December 2005, Pages 1791-1803.

Christensen, B.E., Glover, S.M., Wood, D.A. Extreme estimation uncertainty in fair value estimates: Implications for audit assurance. // Auditing, Volume 31, Issue 1, February 2012, Pages 127-146.

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Published

2025-05-03

How to Cite

Anvar Ziyadullayevich Avlokulov. (2025). DIRECTIONS FOR DETERMINING THE CORRECTNESS OF ESTIMATED VALUES IN THE AUDIT OF FINANCIAL STATEMENTS. INTERNATIONAL JOURNAL OF SOCIAL SCIENCE & INTERDISCIPLINARY RESEARCH ISSN: 2277-3630 Impact Factor: 8.036, 14(05), 30–33. Retrieved from https://gejournal.net/index.php/IJSSIR/article/view/2616