Ochilov Farxodjon Shavkatjon ugli
PhD, Associate professor of “Audit”department, Tashkent Financial Institute, Tashkent,
Uzbekistan. Email: ochilovfarhod094@gmail.com
ORCID: 0000-0003-2945-5968
Abstarct. This article describes the sequence of the auditor’s actions to determine the relationship between the financial, economic and other indicators of economic entities during the audit and to apply analytical procedures to obtain audit evidence. Also, correct classification of obligations, their evaluation, recognition, and verification and determination of the reliability of financial statements are an urgent issue when making management decisions by economic entities.
Key words. financial statement audit, audit evidence, analytical procedures, audit of liabilities, going concern, audit risk, solvency, profitability