PROBLEMS AND PROSPECTS IN ORGANIZING THE AUDIT OF LONG-TERM TANGIBLE ASSETS ON THE BASIS OF INTERNATIONAL AUDITING STANDARDS

Abstract

This scientific work covers the issues of organizing the audit of long-term tangible assets based on international auditing standards (ISA). The work analyzes international experiences of the audit process, the valuation of assets, their depreciation, their reflection in the balance sheet and their impact on the audit conclusion. The possibilities of increasing the reliability of financial statements and providing accurate information for investors and stakeholders by conducting an audit based on international standards are considered. Also, Uzbekistan under the circumstances international to standards appropriate audit system develop according to practical offers working released.