KEY ASPECTS OF IMPROVING THE AUDIT OF INVESTMENTS BASED ON INTERNATIONAL FINANCIAL REPORTING STANDARDS

Abstract

This article examines the economic essence and significance of investments, as well as the conduct of investment activities in accordance with international standards. It highlights the specific features of recognition, measurement, and accounting of investments within the framework of international integration. Furthermore, the paper analyzes the relevance of transitioning to International Financial Reporting Standards (IFRS) in Uzbekistan in the context of significant positive changes in the global economy and the accelerating processes of international integration among countries. The study also presents conclusions and recommendations on key aspects of improving the audit of investments based on IFRS.