Choriev Israel Khamzaevich,
PhD, lecturer teacher, Head of Educational and Methodological Department
Tashkent Institute of Finance, Tashkent, Uzbekistan
Abstract. The article describes the theoretical and practical aspects of the use of analytical procedures in improving the quality of audit services in the conditions of a competitive economy in our republic. In particular, the relative indicators used toidentify errors related to the main activities in the financial statements were analyzed. The main risk factors of situations that increase the likelihood of misstatements in financial reporting and indicate possible fraud are identified.
Key words: audit services, analytical operations, financial ratios, express analysis of the company’s financial situation.