The State of Financial Control under International Practices and its Adaptation in Uzbekistan

Abstract

Today, the management system is undergoing various reforms, and as a result, the improvement and development of the financial system are receiving separate attention. It is essential that we enhance and develop the financial system to ensure its effective performance. Learning from the positive aspects of financial systems in other countries without adapting their principles and practices to our own national context would be insufficient. For our economy, it is vital to apply these lessons in a way that improves the performance and effectiveness of the financial system in Uzbekistan. The principles used in these countries and their practical applications are significant for domestic adaptation.