Approaches to improving revenue and expense management in Uzbekistan's public sector

Niyazmetov Mansur Ruzmatovich; Ostonokulov Azamat Abdukarimovich

doi:10.30574/ijsra.2024.12.2.1355

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Approaches to improving revenue and expense management in Uzbekistan's public sector

Niyazmetov Mansur Ruzmatovich ¹ and Ostonokulov Azamat Abdukarimovich ^{2, *}

1 International School of Finance Technology and Science (ISFT), Uzbekistan.
2 Institute of International School of Finance Technology and Science (ISFT), Uzbekistan.

Research Article

International Journal of Science and Research Archive, 2024, 12(02), 1017–1021.
Article DOI: 10.30574/ijsra.2024.12.2.1355
DOI url: https://doi.org/10.30574/ijsra.2024.12.2.1355

Publication history

Received on 13 June 2024; revised on 20 July 2024; accepted on 22 July 2024

Abstract

This paper explores the methods used for recognizing and recording revenues and expenses in public sector entities in Uzbekistan. It delves into the current difficulties faced and contrasts these practices with global norms, suggesting a detailed plan to improve financial governance. The proposed measures involve the implementation of contemporary accounting frameworks, the use of advanced technology, the revision of existing rules, and the promotion of global partnerships.

Keywords

Public Sector; Financial Governance; Revenue Recognition; Expense Recording.

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How to cite this article

Niyazmetov Mansur Ruzmatovich and Ostonokulov Azamat Abdukarimovich. Approaches to improving revenue and expense management in Uzbekistan's public sector. International Journal of Science and Research Archive, 2024, 12(02), 1017–1021. Article DOI: https://doi.org/10.30574/ijsra.2024.12.2.1355

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