Published March 24, 2024 | Version v1
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DEVELOPMENT OF ENERGY INDUSTRY IN UZBEKISTAN VIA INCREASING THE EFFICIENCY OF FINANCIAL MANAGEMENT OF COMPANIES IN THIS INDUSTRY BY IMPROVING THE METHODOLOGY OF THEIR MANAGEMENT ACCOUNTING

Description

The given article is devoted to determining the prospects for the development of the energy industry of Uzbekistan through increasing the efficiency of financial management of companies in this industry by improving the methodology of their management accounting. Using the method of regression analysis based on data for 1990-2022, the cause-and-effect relationships of the development of the energy industry of Uzbekistan are modeled while increasing the efficiency of financial management of companies in this industry by improving the methodology of their management accounting. As a result, it was concluded that the prospect for the development of the energy industry of Uzbekistan through increasing the efficiency of financial management of companies in this industry is associated with improving the methodology of their management accounting for companies in the energy industry. For this purpose, further automation of management accounting is recommended to speed up compliance with the requirements of government regulations

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