OPTIMIZATION AND DEVELOPMENT OF ACCOUNTING POLICY IN COMMERCIAL BANKS

Authors

  • Allayorova Nafisa Abutolipovna Student of the Academy of Banking and Finance of the Republic of Uzbekistan Specialization in bank account, audit and control

Keywords:

Commercial banks, accounting policy, transparency, risk management, international financial reporting standards (IFRS), automation, internal control, audit, regulatory requirements, financial management.

Abstract

Improving the accounting policy in commercial banks is a necessary process for increasing the efficiency of financial management, minimizing risks and ensuring transparency.  The accounting policy should comply with international standards, introduce automated technologies and be strengthened with an internal control system.  The bank's risk management strategy and flexibility to regulatory requirements, as well as the availability of information for clients and investors, serve its sustainable development.  Improvement of employee qualification and implementation of modern technologies allows more effective implementation of accounting policy.

References

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Published

2024-12-24

How to Cite

Allayorova Nafisa Abutolipovna. (2024). OPTIMIZATION AND DEVELOPMENT OF ACCOUNTING POLICY IN COMMERCIAL BANKS. Ethiopian International Multidisciplinary Research Conferences, 166–168. Retrieved from https://eijmr.org/conferences/index.php/eimrc/article/view/340

Issue

INNOVATIONS IN SCIENCE AND EDUCATION SYSTEM

Section

Articles

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