American Journal of Economics and Business Management

The Extent to Which Local Accounting Systems Meet the Requirements of International Standards on Auditing (Isa)

Saddam Catea Hashim — Tue, 26 Nov 2024 00:00:00 +0500

The aim of the research is to identify the requirements of Isa standards and compare them with the foundations on which local accounting systems are based to indicate the degree of their compatibility and the scope of their development. The research used a set of statistical methods using the statistical software SPSS v 26and Amos v 26, which can help reach the research objectives. The research dealt with several topics, including the overview of accounting systems and the requirements of Isa standards, the objectives of the government accounting system, the requirements of Isa and their availability in the government accounting system, the application of international accounting standards in the public sector ipsas the international public sector accounting standards in the government accounting system, and the importance of achieving compatibility between the objectives of Isa standards and ipsas in the presentation of financial statements. The results of the research showed that there is a significant correlation between the requirements of the International Standards on Auditing (ISA) and the local accounting systems, amounting to (0.749), which is a strong relationship and at a significant level (0.000). This indicates the interest of Iraqi government units in the application of international auditing standards for the purpose of developing local accounting systems in the public sector. The research contributes to developing the work of government units by developing the government accounting system by applying international standards in the public sector and is reflected positively in fulfillment.

Strategic Marketing Credibility and Ethics for Sustainability in Higher Education Institutions

Ali Aboudi Nehme — Thu, 28 Nov 2024 00:00:00 +0500

The competition among higher education institutions (HEIs) has intensified, necessitating the adoption of effective marketing strategies to attract students while addressing ethical concerns and credibility. Despite the increasing reliance on rhetorical tactics, data-driven approaches, and persuasive communication, the role of ethical and credible marketing in student recruitment remains underexplored. This study aimed to examine the potential of ethical and credible marketing strategies to enhance student enrollment in HEIs, with a focus on Iraq. Semi-structured interviews were conducted with four marketing experts from three HEIs, and a questionnaire survey was administered to 402 prospective students, yielding 390 valid responses. The findings highlight the critical importance of credible and ethical practices—such as integrity, fairness, and accuracy—in marketing for the sustainability of HEIs. Statistical analysis revealed that ethical marketing fosters trust, enhances stakeholder engagement, and supports sustainable development in education. These insights are valuable for marketing managers, policymakers, and educational leaders seeking to design effective enrollment strategies while ensuring institutional integrity and long-term growth.

Assessment of the Impact of Agriculture on Economic Growth

Feruza Alijonovna Inomjonova — Fri, 29 Nov 2024 00:00:00 +0500

This article examines the impact of agricultural production on economic growth. a review of scientific literature on the impact of agricultural production on economic growth was carried out. The dynamics of the added value created in agricultural production, its share in GDP, the composition of producers, the share of the population employed in the sector and other economic indicators were analyzed. In the performed regression analysis, it was found that the rise in the proportion of the working population in this industry positively impacts the rise in the proportion of added value generated in agricultural output. Based on the study that was done, pertinent conclusions were drawn.

Improving Commercial Banks’ Profit Taxation

Zafarjon Alijonovich Abdullaev — Fri, 29 Nov 2024 00:00:00 +0500

This article examines the issue of taxation in favor of commercial banks. The research examines theoretical and empirical research on the impact of profit tax on the activities of commercial banks. In the conducted analysis, it was determined that the profit tax paid by the banks has a positive effect on the profitability of the bank. As a result of the conducted analysis, conclusions were formed on the improvement of taxation in favor of commercial banks.

Analysis of Issues in Improving the Compensation Payment Mechanism under Compulsory Insurance for Civil Liability of Vehicle Owners: Uzbekistan and Global Experiences

Khasan Akhmedov — Tue, 26 Nov 2024 00:00:00 +0500

This article examines the compensation mechanisms under compulsory civil liability insurance for vehicle owners, focusing on the legislation and practices in Uzbekistan and comparing them with international standards. The aim is to identify challenges and opportunities for optimizing these mechanisms to ensure prompt and fair compensation for third-party damages caused by traffic incidents. The methodology includes a comparative analysis of Uzbekistan’s legal framework and case studies with selected countries known for their effective insurance practices. Key findings reveal several inefficiencies in the existing system, including procedural delays, limited claim coverage, and administrative challenges that hinder timely compensation. The study concludes with recommendations for enhancing the compensation process through legislative reforms, adopting best practices, and leveraging technology for better claim processing. Optimising these mechanisms is critical for increasing policyholder confidence, improving insurer accountability, and aligning Uzbekistan’s insurance practices with global standards.

Peculiarities of Private Capital Accounting in Cotton Textile Clusters

Urishev Qahramon — Tue, 03 Dec 2024 00:00:00 +0500

This article explores the legal, theoretical, and methodological foundations for forming the authorized capital of business entities, emphasizing the accounting of foreign founders' shares. While previous studies address general capital formation, limited attention is given to foreign contributions' specific accounting practices. This research aims to bridge this gap by developing recommendations for accurately accounting for foreign founders’ shares. Using a mixed-methods approach, the study analyzes regulatory frameworks and accounting practices. Findings highlight discrepancies in current methods and propose standardized guidelines to enhance transparency and compliance. These results have implications for improving financial reporting and fostering international investment confidence.

Assessing the Improvement of Management Efficiency in Construction Companies

Z.D. Arifdjanova — Tue, 03 Dec 2024 00:00:00 +0500

This study evaluates modern methods for improving management efficiency in construction companies in Uzbekistan, addressing the challenges posed by dynamic industry demands and evolving practices. While existing research highlights management issues in construction, limited studies focus on the Uzbek context. This research aims to fill this gap by identifying effective strategies tailored to local industry needs. Using surveys and interviews with industry stakeholders, the study analyzes current practices and identifies key areas for improvement. Results propose strategic directions to enhance operational efficiency and decision-making processes. These findings offer practical implications for boosting competitiveness and sustainability in Uzbekistan's construction sector.

Foreign Experiences in Developing Business Processes in the Field of Educational Sevices and Opportunities for their Application in Uzbekistan

Gafforov Javokhir Farhodjon ugli — Tue, 03 Dec 2024 00:00:00 +0500

The field of educational services is undergoing significant transformation globally, with various countries implementing innovative business processes to enhance educational quality and accessibility. This article explores foreign experiences in developing business processes in education and examines how these practices can be adapted and applied in Uzbekistan.

Development of a System of Financial and Economic Indicators Characterising the Efficiency of Public Catering Companies

Zaynalova K.N — Wed, 04 Dec 2024 00:00:00 +0500

This study examines the development of a system of financial and economic indicators to evaluate the efficiency of public catering enterprises, addressing the growing need for effective financial resource utilization in the sector. While previous studies have explored general financial efficiency, a gap remains in defining specific indicators tailored to public catering. The research aims to establish a comprehensive framework for assessing efficiency, emphasizing the optimal use of financial resources. Using a systematic analysis of financial performance metrics and their criteria, the study identifies key indicators and proposes a structured scheme for their application. The findings provide actionable recommendations for improving financial resource management, contributing to enhanced operational efficiency and strategic decision-making in public catering enterprises. These insights offer valuable implications for industry stakeholders and policymakers in optimizing financial practices.

Systematic Imitation Modeling Of The Development Of Production Of Agricultural Products

Ergashov Yashnarbek Istamovich — Mon, 02 Dec 2024 00:00:00 +0500

A mathematical model of the development of production of agricultural products was developed through an imitation model. As the population grows, the demand for agricultural products increases. The introduction of innovative technologies in the sustainable development of this sector and increasing the volume of agricultural products with rational use of resources is gaining importance. In this article, the analysis of the current situation, perspective indicators and the main directions of innovative development are developed through the simulation model of the development of the agricultural network.

Prospects of Executing the Project of Compiling a Tourism City in Afshona Village Located in Bukhara Region

Suxrob Ramazonovich Bobokalonov — Wed, 04 Dec 2024 00:00:00 +0500

This study explores the prospects of developing a tourist town in the village of Afshona, located in the Peshku district of the Bukhara region, the birthplace of the renowned scientist Abu Ali ibn Sina. Despite its historical and cultural significance, the area remains underutilized as a tourist destination, presenting a knowledge gap in leveraging such heritage for tourism development. The research aims to propose scientifically grounded, practical, and organizational-economic measures to transform Afshona into a year-round tourist hub capable of attracting over 10 million domestic and international visitors annually. Using a multidisciplinary approach, the study identifies development stages and formulates actionable recommendations. The findings highlight the potential of this project to boost regional tourism, preserve cultural heritage, and stimulate economic growth, offering valuable insights for policymakers and practitioners in tourism development.

Investment - an Important Factor in the Development of Small Business

Numonjonova Nargiza Ashuralievna — Wed, 04 Dec 2024 00:00:00 +0500

This scientific article examines investments as an important factor in the development of small business in our country, describes its essence, meaning and objectives. The views, definitions and characteristics of foreign and domestic economists on investments are given, international experience is studied and analyzed. The author's approaches to investments as an important factor in the development of small business, as well as proposals and recommendations for the effective use of investments are presented. At the same time, measures were developed to improve the investment environment in the country, as well as proposals to improve the investment environment and increase their effectiveness.