The article deals with functioning of financial market as an effective mechanism for accumulation and redistribution of financial resources on competitive basis between countries, regions, and industries. The analysis of financial market of Uzbekistan, its state and existing problems, strategy of its reforming in order to rationalize distribution of capital in economy, expand opportunities and increase the effectiveness of monetary policy of the country is carried out.
SUMMARY
A redistribution of financial resources between economic entities that have temporarily available funds and are experiencing a shortage of them is carried out with the help of efficiently functioning financial system in market economy.
A financial system can be defined as financial relations acting in the form of interrelated categories, links and spheres that distribute and use financial resources of organizations, households, state, as well as special financial institutions.
A financial system is also a collection of financial markets, institutions and instruments used to carry out financial transactions by economic entities. An independent movement of money takes place in financial market regardless of movement of goods and services.
Financial market is an essential tool for existing any state. It can be compared to human circulatory system. If there is no money movement than there is no economy. Financial market, in its economic essence, is a kind of mechanism for collection and redistribution of financial resources on competitive basis between countries, regions, industries and institutional units.
This scientific article describes the methodological approaches of various countries and international financial institutions to determine the level of financial literacy of the population, as well as the theoretical views of scientists. A comparative analysis of the results of a study conducted by the World Bank and the Organization for Economic Cooperation and Development (OECD) to determine the level of financial literacy of the population in different countries is carried out. The results of a survey conducted in countries
with high, medium and low per capita incomes were also analyzed. The scientific article presents scientific proposals and practical recommendations aimed at the formation of financial literacy of the population of our country and the creation of mechanisms for its implementation and increase its effectiveness.
This scientific article describes the methodological approaches of various countries and international financial institutions to determine the level of financial literacy of the population, as well as the theoretical views of scientists. A comparative analysis of the results of a study conducted by the World Bank and the Organization for Economic Cooperation and Development (OECD) to determine the level of financial literacy of the population in different countries is carried out. The results of a survey conducted in countries with high, medium and low per capita incomes were also analyzed. The scientific article presents scientific proposals and practical recommendations aimed at the formation of financial literacy of the population of our country and the creation of mechanisms for its implementation and increase its effectiveness.
The article "Financial potential of the region: the concept, essence and significance for the development of Surkhandarya region" is devoted to the study of the basics of research of the financial potential of the region. The problem of studying the financial potential in the current
conditions of increasing regional independence is becoming more and more urgent. The article
presents approaches to the study of the financial potential. The author provides an assessment of
the financial potential based on new coefficients of financial resources of the region reflecting the
financial aggregate.
The process of transferring the accounting system to international standards in Uzbekistan was considered a responsible and difficult challenge. This requires us to approach this work with determination and broad observation. For example, it is important to obtain information about the state of financial and economic activities and financial results of any business entity, in other words, to make a "correct diagnosis" of the enterprise. After all, consistent information about the enterprise, obtained as a result of "correct diagnosis," serves as the basis for making effective and efficient management decisions in the future. Financial accountants or business accountants are responsible for preparing information, including financial position and financial performance, in the form of reports based on international financial reporting standards. It has become common among
world scientists to comment that the Standards cover the theoretical foundations of accounting, and the set of Standards is the basis of accounting. For example, American scholars believe that the Standards are rules for the preparation of financial statements and reflect generally accepted principles, while Russian scholars have concluded that the norms or standards used for the preparation and presentation of financial statements are accounting standards based on International Accounting Standards Financial reporting of enterprises in the economy of our country Reporting is one of the pressing problems of our time
In the article, you can see the role and importance of developing Islamic finance in the digital economy through financial technologies. The characteristics of new financial instruments in the Islamic financial system, their connection with modern financial technologies, their place in the world financial market, and efficiency indicators were analyzed. The level and share of the use of financial technologies of the Islamic bank in the digital economy are studied and analyzed by the countries of the world. The results of Islamic finance in the digital economy and the results in several directions were achieved, and which areas of the financial system of our country can be used more effectively were analyzed.
This article shows the importance of financial asset management for enterprises, the entire business depends on the availability and turnover of financial assets, what are financial assets, and how to organize financial asset management. of the article relevance today's in the day financial assets of management theoretical aspects according to our scientists by enough research works take not going therefore for financial assets of management theoretical studies deepening and the first in line, him set giver important comprehensive features _ seeing requires exit.
This article discusses that ensuring the execution of local budgets and strengthening their financial stability is an important aspect of the financial strategy. Important suggestions have been outlined to strengthen the financial sustainability of local budgets. The effective functioning of
the financial strategy of local budgets largely depends on the financial potential of the region. Proposals were made to formulate financial strategies for local budgets.
The article discusses the issues of improving the theory and methodology of forming the financial policy of an enterprise at the present stage of liberalization and modernization of the economy in the Republic of Uzbekistan. The advantages and features of improving the theory and methodology of forming the financial policy of an enterprise in the perspective of the country's socio-economic development have been scientifically substantiated. The possibilities of improving the theory and methodology of forming the financial policy of an enterprise in the system of corporate financial management of the Republic of Uzbekistan have been studied and recommendations have been developed.
This article discusses that ensuring the execution of local budgets and strengthening their financial stability is an important aspect of the financial strategy. Important suggestions have been outlined to strengthen the financial sustainability of local budgets. The effective functioning of the financial strategy of local budgets largely depends on the financial potential of the region. Proposals were made to formulate financial strategies for local budgets.
This research paper describes the theoretical and methodological aspects of the
preparation of consolidated financial statements in insurance companies in accordance
with the requirements of international financial reporting standards and methods of
calculating the investments of insurance companies. The methods of compiling the
consolidated financial statements of insurance companies, their calculation and the stages
of consolidation are described. The ways of solving the problems of consolidating financial
results, assets and liabilities, cash flows and financial statements taking into account the
specifics of the activities of insurance companies are considered.