Improving the procedure for compiling and submitting reports on the public sector of Uzbekistan
Associate Professor of the “Budget Accounting and Treasury” Department of Tashkent state university of economics, Uzbekistan.
Research Article
World Journal of Advanced Research and Reviews, 2024, 24(03), 1757-1765
Publication history:
Received on 08 November 2024; revised on 16 December 2024; accepted on 18 December 2024
Abstract:
This study focuses on aligning financial management in Uzbekistan's public sector with International Public Sector Accounting Standards (IPSAS) to enhance transparency, accountability, and efficiency. Emphasis is placed on the scientific basis for implementing IPSAS, ensuring openness in financial processes, and leveraging modern technologies to automate financial reporting. Improved compliance with international standards, resource optimization, and economic stability are key objectives. The research examines technical and organizational challenges in IPSAS implementation and explores best practices from foreign countries for application in Uzbekistan.
Keywords:
Automated Systems; Public Sector; Financial Reporting; Efficiency; IPSAS
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