THE IMPORTANCE OF THE INTERNAL AUDIT SYSTEM TODAY

Authors

  • Khasanova Nasiba Tolliboy qizi PhD, Tashkent State University of Economics

Keywords:

audit, audit inspections, trust, skeptisizm, objectivity, internal audit, register, financial reporting, internal control.

Abstract

One of the key areas of internal audit activity is the identification and analysis of potential external and internal risks in the development and implementation of new projects, as well as the preparation of recommendations aimed at reducing the level of risk or minimizing possible losses. Internal auditors also monitor the expenditure of financial resources for various projects or programs (for example, a capital construction project or a product launch program), and analyze the company’s financial and management reporting in terms of their reliability and timeliness. In addition, auditors evaluate signed contracts and the fulfillment of contractual obligations by the parties, and they are involved in assessing control systems within existing and newly implemented information systems.

References

Decree of the President of the Republic of Uzbekistan, No. PP–4611, dated February 24, 2020, “On Additional Measures for the Transition to International Financial Reporting Standards.” Retrieved from: https://www.lex.uz

Abdieva N.Sh. (2023). Improvement of Internal Audit in Joint-Stock Companies: Theory, Methodology, and Practice. Monograph. – Tashkent: “Economy–Finance.” 248 p.

Law of the Republic of Uzbekistan “On Auditing Activities”, dated February 25, 2021, No. ORQ–677. Retrieved from: https://www.lex.uz

Khaled Ali Endaya, Mustafa Mohd Hanefah. The Effectiveness of Internal Audit: A Proposed Framework for Developing a Theoretical Foundation.

Research Journal of Finance and Accounting, ISSN 2222-1697 (print), ISSN 2222-2847 (online), Vol. 4, No. 10, 2013.

Available at: www.iiste.org

Abdieva N.Sh. (2023). Improvement of Internal Audit in Joint-Stock Companies: Theory, Methodology, and Practice. Monograph. – Tashkent: “Economy–Finance.” 248 p.

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Published

2025-11-14

How to Cite

Khasanova Nasiba Tolliboy qizi. (2025). THE IMPORTANCE OF THE INTERNAL AUDIT SYSTEM TODAY. INTERNATIONAL JOURNAL OF SOCIAL SCIENCE & INTERDISCIPLINARY RESEARCH ISSN: 2277-3630 Impact Factor: 8.036, 14(11), 27–30. Retrieved from https://gejournal.net/index.php/IJSSIR/article/view/2764

Issue

Vol. 14 No. 11 (2025): INTERNATIONAL JOURNAL OF SOCIAL SCIENCE & INTERDISCIPLINARY RESEARCH

Section

Articles

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