Publication Details
Abstract
Use of analytical procedures in current day audit examinations is amongst the most practical and dynamic areas of auditing. The use of analytical methods for audit works is important to improve the quality, efficiency, and reliability of the audit as a response to global regional and national changes on audit environment and dynamics. The present research provides an empirical examination of how audit engagements conducted in the Republic of Uzbekistan utilize analytical procedures in practice. This research draws on a survey conducted with 150 auditors working in the national audit market, with the aim of identifying current practices and issues as well as trends in the application of analytical techniques. Based on the results of a collective survey, key methodological and practical problems were identified and the appropriate conclusions and recommendations were made. In addition to this, the results were compared with the results of similar international studies that were carried out in the field, the results of which allow to obtain a wider perspective and important implications for further improvement of audit practice in Uzbekistan.