FINANCIALINDEPENDENCEOFLOCALBUDGETSISAFACTORINTHESOCIO-ECONOMICDEVELOPMENTOFTHEREGION

ThisarticledescribesthereformsinUzbekistantoensurefinancialindependenceoflocalbudgets,basedontheActionStrategyfor2017-2021.Thereareopinionsandscientificapproachestoincreasetheimpactoffinancialindependenceoflocalbudgetsonthesocio-economicdevelopmentoftheregion.Thepurposeofthestudyistodevelopproposalsandrecommendationstoincreasetheimpactoffinancialindependenceoflocalbudgetsonthesocio-economicdevelopmentoftheregion.Scientificnoveltyoftheresearch:1.Requireslocalbudgetstohavethenecessaryrevenuebase.Therefore,itisscientificallybasedtostrengthentherevenuebaseoflocalbudgets,thedistributionofresourcesbetweenregions,ensuretheefficientuseofpublicresourcesandincreasetheefficiencyofpublicservicesineconomically,naturally,demographicallydiverseregions.2.Increasingthefinancialindependenceoflocalbudgetswillincreasetheresponsibilityoflocalgovernmentsfortheirdecisions.Inturn,theefficiencyoftheuseoffinancialresourceshasbeenproventoincrease.3.Increasingtheindependenceoflocalbudgetshasproveditssuperiorityincountrieswithdifferentlevelsofeconomicdevelopment,statestructure,geographicallocation.However,thereisaneedforinstitutionalmechanismstoensurethatdifferentlevelsofgovernmentaresubordinatetohigherlevels.Keywords.localbudgets,localbudgetownincome,budgettransfers,localbudgetfinancialindependence,decentralizationof the budget

LEGAL AND REGULATORY FUNDAMENTALS OF CORPORATE CONTROL IN COMMERCIAL BANKS OF UZBEKISTAN

This scientific article analyzes the issues of creating a corporate control system in commercial banks. were carefully familiarized with the ideas and comments put forward in the course of researchwork on the implementation of corporate control systems. The regulatory framework for organizing corporate control in commercial banks of the Republic of Uzbekistan was also studied.Keywords: corporate control, joint stock company, compliance, corruption, supervisoryboard, general meeting of shareholders, bank management, corporate governance

ORGANIZATION OF INNOVATIVE ACTIVITIES IN TELECOMMUNICATION ENTERPRISES

In this paper, the role of Information Technology in the national economy of telecommunication Enterprises is described as a result of the rapid penetration of information technologies into all spheres of economic activity in the conditions of the pandemic observed in theworld, the increase in the demand for the online sale of services and tokens.Scientific novelty of the study:innovation is based on the purposefulness of the development and implementation of management decisions aimed at improving efficiency and stability of the enterprise.Keywords: innovation, samaradorlik, telecommunications, installation, competitive, infrastructure.

PROSPECTS FOR TRANSFORMATION OF INTERNAL AUDIT SERVICES IN COMMERCIAL BANKS

The article discusses the prospects for improving the activities of internal audit services of commercial banks, transforming their activities through the introduction of modern banking services,digital technologies. The results of previous studies on the topic were reviewed. The regulatory framework for the transformation of the internal audit service has been introduced.Keywords: internal audit, transformation, current control, digital technologies, remote services, bank board, annual plan

ECOLOGICAL SECURITY AS AN IMPORTANT FACTOR OF ECONOMIC DEVELOPMENT

The article examines the main approaches of state environmental policy and legal, organizational and economic support provided by Uzbekistan for economic development through environmental safety. As a result of the study, the following recommendations were formed: identification of new ways to solve emerging problems, the formation of new values, the creation of new incentives, the presentation of new opportunities.Keywords: ecology, economics, ecological safety, ecological economics, global ecological problems, green economy

PRACTICES OF ORGANIZATIONAL CULTURE IN THE WORKPLACE: EXAMPLES OF THE USA AND JAPAN

This article examines organizational culture and its importance on the example of Japan and the United States. The experience of Japanese companies is based on the formation of an organizational culture in a multi-generational workforce and its transmission from generation to generation without change. As a result of the research, the main recommendation was to train the younger generation in the workplace as the main means of creating and maintaining the organizational culture in a team of different generations.Keywords: enterprise management, organizational culture, Japan, USA, value, corporate culture, employee, representatives of different generations

WAYSTOIMPROVETAXADMINISTRATIONOFLARGETAXPAYERS

ThisarticledescribesthestagesofimprovingtaxadministrationintheRepublicofUzbekistan,inparticular,reformstodeterminethecriteriaforinclusioninthecategoryoflargetaxpayers.Scientificapproachestofiscalreformsthatcontributetothedevelopmentofeconomicentitiesinthecountryareproposed.Theaimofthestudyistodevelopproposalsandrecommendationsaimedatimprovingthetaxadministrationoflargetaxpayers.Scientific novelty of the research:1. The necessity of simultaneous implementation of reforms aimed at creating equal conditions for all business entities while improving tax administration in the Republic of Uzbekistan has been scientifically substantiated.2. The expediency of determining the criteria for the inclusion of legal entities in the category of large taxpayers on the basis of international experience and practice has been proved.3. The need to change the threshold value for taxpayers in a simplified and generalized form in order to improve the efficiency of tax administration is scientifically substantiated, together with the tax administration of large taxpayers in the country.Keywords.Large taxpayers, fiscal policy, tax administration, budget revenues, value added tax, income tax, tax thresholds

WAYS TO ENSURE TRANSPARENCY IN THE FINANCING OF SOCIO-ECONOMIC DEVELOPMENT PROGRAMS OF THE REGIONS

This article describes reforms aimed at ensuring openness and transparency of the budget in Uzbekistan based on the Action Strategy for 2017-2021. Suggestions and recommendations were made to increase the transparency of the process of financing regional programs of socio-economic development.The purpose of the study is to analyze the current situation with the transparency of financing programs for the socio-economic development of regions, to develop proposals and recommendations for the effective use of local budgets in the future by increasing transparency.Scientific novelty of the research:1. The need to increase the role of mass media in strengthening public control over the spending of budget funds at the national level, ensuring the effective implementation of regional (regional, district and city) budgets;2. It is proposed to achieve the focus on financing the planned activities for socio-economic development of the regions by strengthening the activity of citizens in monitoring the implementation of budgets;3. In order to ensure the transparency of budget processes, it is necessary to regularly publish indicators related to budget execution on the official websites and periodicals of territorial (regional, district and city) executive bodies.Keywords. State budget, local budgets, budget funding, budget process, budget process transparency, funding of regional programs

CHARACTERISTICS OF FOREIGN ECONOMIC RELATIONS OF CENTRAL ASIAN COUNTRIES

This article provides an analysis of the structure of foreign economic relations of Central Asian countries, in particular, the geography and structure of exports and imports. The analysis of the commodity composition of foreign trade of Central Asian countries highlights a number of common features:-The share of mineral resources, fuel and energy resources in the structure of exports of countries is very high, they specialize in these products;-The share of finished and semi-finished products in exports is low and in some countries their share is growing;-Countries have a high share of imports of machinery, equipment and vehicles, as well as components, as well as their increase, and this is directly related to foreign investment;-The share of chemical and chemical products, metals and metal products in the country's imports remains high.Keywords: Central Asia, export, import, foreign trade, export geography, trade partners.

PROSPECTS FOR THE DEVELOPMENT OF SMALL BUSINESS AND PRIVATE ENTREPRENEURSHIP IN UZBEKISTAN

This article covers the development of small business and private entrepreneurship, as well as scientific views on entrepreneurship. At the same time, the reforms carried out by the government in the development of entrepreneurship are highlighted. As a result of the analysis, conclusions were drawn on the further development of small business and private entrepreneurship.Keywords: small business entities, entrepreneur, business, export, import, vacancy.