IMPROVING ACCOUNTING AND AUDIT OF FINANCIAL INSTRUMENTS IN JOINT-STOCK COMPANIES: THEORETICAL AND PRACTICAL PERSPECTIVES

Authors

  • Boymurodov Ilxomjon Mamadaliyevich,Nuraliyev Behzod Baxtiyor ugli Senior teacher of department of Audit Tashkent State University of Economics. /Teacher of department of Audit, Tashkent State, University of Economics.

DOI:

https://doi.org/10.55640/

Keywords:

financial instruments, accounting, audit quality, joint-stock companies, IFRS, internal control

Abstract

This paper examines the theoretical foundations and practical challenges in accounting for financial instruments (e.g., investments, debt, equity, derivatives) within joint-stock companies, and proposes ways to enhance audit processes in relation to them. We analyze the relevant provisions of IFRS 7 and IFRS 9, identify common accounting and audit issues, and based on empirical data derived from sample joint-stock companies, we develop recommendations for improving transparency, reliability, and audit quality. The methodology includes document analysis, comparative study, regression modeling, and empirical observation. The results show a positive correlation between financial instrument portfolio size/diversity and audit quality, and our recommendations emphasize internal controls, use of modern audit technology (e.g. data analytics, AI), and adoption of more stringent audit standards. Implementation of these proposals may strengthen investor confidence and corporate governance.

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References

(Use APA or journal’s required style; include DOIs where available)

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Published

2025-10-15

Issue

Vol. 4 No. 9 (2025): Journal of Multidisciplinary Sciences and Innovations

Section

Articles

License

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

Authors retain the copyright of their manuscripts, and all Open Access articles are disseminated under the terms of the Creative Commons Attribution License 4.0 (CC-BY), which licenses unrestricted use, distribution, and reproduction in any medium, provided that the original work is appropriately cited. The use of general descriptive names, trade names, trademarks, and so forth in this publication, even if not specifically identified, does not imply that these names are not protected by the relevant laws and regulations.

How to Cite

IMPROVING ACCOUNTING AND AUDIT OF FINANCIAL INSTRUMENTS IN JOINT-STOCK COMPANIES: THEORETICAL AND PRACTICAL PERSPECTIVES. (2025). Journal of Multidisciplinary Sciences and Innovations, 4(9), 496-500. https://doi.org/10.55640/

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