Implementation of International Audit Standards and its Prospects

Currently, in the improvement of auditing practice by the leading countries of the world, ensuring that inspections are conducted in full accordance with international auditing standards, implementing the legislation and advanced experience of developed countries, creating a modern system of professional certification and licensing of auditors based on international standards are among the most urgent and necessary issues to be studied. This article explains the requirements of international standards and discusses the introducing and application international auditing standards in Uzbekistan.