K. B. Akhmedjanov INTERNAL AUDIT AND ITS DEVELOPMENT PROSPECTS

Abstract

In the recent years of development economic sectors of Uzbekistan have increased with high
rates. On this way, the way of development covers sub-sectors of economics with the major
ones. The article deals with internal audit, as one of the key processes of control with analytical
analyses, at all. Moreover, auditing and other relative fields of economy with methodology and
theory of study cover outcomes and shortcomings of investigation in the case of Uzbekistan.
The study concludes that internal audit standards are considered to be well-developed and
implemented throughout Uzbekistan within sectors and subsectors of economics. Last but not
least, at the regulative level, this will increase the responsibility and thus the quality of internal
audit services, and also simplify the work of the external auditors.