THE ORGANIZATION OF ACCOUNTING AND AUDIT IN LIGHT INDUSTRY ENTERPRISES
Keywords:
light industry, digital technologies, economic security, textile sector, digital transformation, smart manufacturing, supply chain management, Industry 4.0, automation in light industry, innovation in textile production, Uzbekistan’s light industry, sustainable production, digitalization of manufacturing, competitiveness of light industry, technological modernizationAbstract
This scientific work examines the issues related to the organization of accounting and auditing in light industry enterprises. The study highlights the role of light industry in the economy, the specific features of accounting and audit processes, and provides practical recommendations for their improvement. During the research, the accounting system of light industry enterprises, forms of financial reporting, and the procedures for conducting audits were analyzed. Furthermore, the requirements established by the legislation of the Republic of Uzbekistan were examined and compared with international practices. The results of the study include recommendations aimed at strengthening financial discipline and enhancing the efficiency of accounting and auditing processes in light industry enterprises.
References
World Trade Organization (2021). World Trade Statistical Review 2021. WTO Publications. Retrieved from
https://www.wto.org/english/res_e/statis_e/wts2021_e/wts2021_e.pdf
2.Statista (2022). Value of the global apparel market from 2012 to 2025. Retrieved from https://www.statista.com/statistics/821503/value-of-the-global-apparel-market/
3. OECD (2020). Textile and garment value chains in Asia: What role for regional trade and investment? OECD Publishing. Retrieved from
https://www.oecd.org/publications/textile-and-garment-value-chains-in-asia-9789264311787-en.htm
4. Uztekstilprom Association (2022). Annual report on the development of textile and garment industry in Uzbekistan. Tashkent. (Available at Uztekstilprom official site)
5. Ministry of Investments and Foreign Trade of the Republic of Uzbekistan (2021). Textile and Garment Industry Development Strategy. Tashkent.
6.International Trade Centre (ITC) (2021). Trade Map: Trade statistics for international business development. Retrieved from https://www.trademap.org
7. Decree of the President of the Republic of Uzbekistan (2020). On measures for the further development of the textile and garment industry. No. PF-6018, dated 2020-07-28.
8. Asian Development Bank (2021). Uzbekistan: Promoting Export-Led Growth through Textile Industry Modernization. ADB Briefs. Retrieved from