Audit and economical analysis


Table 1 Management is its essential elements



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complex. financial analaysis 2020-21.

Table 1

Management is its essential elements




Units

Explanation

Management

(Management)



Enterprise activity Effectiveness to increase orientedmodern principles,methods,tools andset of shapes

Different methods, work organization and activities Specific type of management activity

Control Object

Economic resources

They are the ones who control the subject, in the futurealso for the purpose of generating incomeall assets acquired as a result of activity

Subjects of management

Leading staff, Managers

Resources,expenses and revenues control implementers

Management is important Element

Planning

Activity of the undertaking, financial state, money funds movement on the surface based, operative, current and upcoming defines the indicators

Managementimportant element

Accounting

Farm conductor subject of the subject activity indicators,finance state, money An effective economy of capital flows decision makers with a wide range of information needed provides

Management important element

Control (Audit)

Farm conductor subject of the subject activityindicators, finance state, money funds movement related information property owners, state and other entities Compliance with the requirements that do not contradict their interests controls

Management important element

Analysis

Farm conductor subject of the subject activity indicators, financial status, money funds movementAbout on the information analytical conclusions current and prospective development evaluate their performance and improve them determines important measures.




  • identify existing opportunities for economic entities to achieve their current and future targets

  • to evaluate the trends in development of the business entity; 

  • further development of the business entity, search and implementation of economic and financial resources,help. 

Analysis - participates at all stages of decision-making as an important part of improving the quality and effectiveness of management activities.

In the modern form of analysis it is necessary to rely on high professionalism, economic-mathematical models, information technologies, complex analytical solutions in solving specific tasks.

The analysis - emphasizes the importance of human factor in the preparation of real analytical conclusions on objective reality, processes, achieved results, determination and implementation of concrete measures in the activities of economic entities. 

Analysis:

  - improving the management process;

  - improve management efficiency;

  - to ensure quality of management;

- allows to compete with each other. 

Modern governance analysis is also an important part of the knowledge and knowledge network as the most effective way of managing the business entities, preventing and managing losses, improving the economic and financial situation, is seen as an important part of strengthening tolerance.

At present, the analysis is stepping into a new stage of development. Here is a process of formation of a new theory, methodology and practice of analysis. Developing the form of communication technologies, mathematical models, and statistical methods that are compatible with the structure of financial and financial flows (financial, management) that define current and prospective development, ensuring the efficiency of the analysis in Uzbekistan and foreign scientists. attempts are made to3 

In the competitive economy, the circle width will be further enhanced. Especially in the context of global financial and economic crises, the need to analyze macro and micro causes of their occurrence increases. Because of the changes in each process (economic, financial, organizational, etc.), the consequences should be explained by the internal and external factors and final conclusions. 

Today's economy stimulates the economic entities in the development of technical and technological progress, science-based economy. This, in turn, requires the managers to set up effective business activities, activate entrepreneurship, and enhance individuality and integrity. None of these functions can be achieved without economic, financial analysis. First of all, it is necessary to pay particular attention to the issue of improving the management itself. Unless the management system is improved, its key tools will not be improved. It is important to note that today's transition to a corporate form as an improved form of governance has taken on a new era in world practice.4 

Traditional management decision-making theories emphasize the concept of complex management concepts. Management complex the concept of analysis - requires consideration of all aspects of management decisions and the co-operation of many industry experts. The criterion determining the effectiveness of this concept in decision making is also assessed not only by quantitative indicators, but also by qualitative indicators. 

The role of analysis in management is to provide management subjects with the necessary information to provide optimal solutions to the management object (business processes and events, their effectiveness and results management). 

The role of analysis in management is the delivery of systematic solutions to business entities on the assessment and further development of economic, commercial and financial activities of economic entities. 

The key role of the analysis is the economic, financial condition of the economic entities, their future expectations, the positive differences in the receipts and expenditures of funds, and the need for comprehensive studies to increase the size of capital. 



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