Current issues of further development of audit activity in UzbekistanThe Republican Scientific Practical Conference on “Current issues of further development of audit activities in the Republic of Uzbekistan” was held on July 3, 2018, at the initiative of the Ministry of Finance of the Republic of Uzbekistan, in cooperation with Tashkent State University of Economics, the National Association of Accountants and Auditors of Uzbekistan and the Chamber of Auditors of Uzbekistan.
The conference was attended by representatives of the Ministry of Finance, professional public associations of accountants and auditors, heads of international and domestic audit organizations, auditors, scholars of economic universities and other specialists studying the audit market in the country.
The main goal of the conference is to study the results of the ongoing reforms, problems and shortcomings that arise in practice in implementation of audit activities, as well as discuss the draft resolution of the President of the Republic of Uzbekistan “On measures for further development of audit activities in the Republic of Uzbekistan”.
Specialists of the Ministry of Finance of the Republic of Uzbekistan made a report detailing the essence, significance and main provisions of the draft resolution.
According to the Ministry of Finance of the Republic of Uzbekistan, the project is aimed at improving the legislation on auditing, creating conditions for fair competition in the market for audit services, expanding information cooperation between state bodies and ensuring transparency of the audit services market, attracting youth to the audit profession and enhancing the prestige of the profession of the auditor, and others.
During the conference, the participants presented substantiated proposals on improving the legislation in the field of audit and the periodic conduction of activities on studying the market of audit services and prospects for its development.