IMPROVING THE ORGANIZATIONAL AND METHODOLOGICAL BASIS OF ACCOUNTING AND FINANCIAL REPORTING IN BUDGET ORGANIZATIONS (IN THE CASE OF HIGHER EDUCATION INSTITUTIONS)

Abstract

The implementation of socio-economic reforms in Uzbekistan is considered the basis of the fundamental changes that are being implemented now, and these changes are having their effect covering all areas. In particular, the implementation of reforms in the public sector requires the further improvement of the organizational and methodological legal framework in this area, and the introduction of international standards into our national economy based on the deep study of foreign experience. After all, as the leader of our country emphasized, "the successful implementation of economic reforms and social changes in the management of state finances depends, first of all, on the efficiency of economic and financial bodies." Based on this, it can be said that the accounting and financial reporting system is of particular importance in the management of state finances, ensuring budget discipline, formation of state budget funds and efficient and targeted spending.