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Approaches to improving revenue and expense management in Uzbekistan's public sector
1 International School of Finance Technology and Science (ISFT), Uzbekistan.
2 Institute of International School of Finance Technology and Science (ISFT), Uzbekistan.
International Journal of Science and Research Archive, 2024, 12(02), 1017–1021.
Article DOI: 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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Copyright © 2024 Author(s) retain the copyright of this article. This article is published under the terms of the Creative Commons Attribution Liscense 4.0
