Bank accounting and audit

SUMMARY AND RECOMMENDATION…………………………………. 60

LIST OF USED LITERATURE……………………………………………… 65

Introduction

Importance of the topic. In accordance with the decree of the President of the Republic of Uzbekistan dated February 7, 2017 "On the strategy for the further development of the Republic of Uzbekistan", PD-4947 enlarges the volume of insurance, leasing and other financial services by increasing their quality and introducing new types of services, as well as the development of the stock market as an alternative source of financial institutions and free resources of the population¹.
Also, the Decree of the President of the Republic of Uzbekistan No. PD-3272 of 13 September 2017 "On measures for further improvement of monetary policy" stipulates strict monetary policy aimed at ensuring the stability of the national currency as one of the priorities of the state economic policy its active and flexible use of its instruments, the development of the state securities market, as well as the open market operations malnutrition and the practice of state securities pledged with banks to increase the liquidity of the introduction of the operations.
The main objective of commercial banks' securities development on the stock market is not only to develop the stock market, but also to increase the level of capitalization of banks and to convert non-liquid assets into liquid assets. In international practice, commercial banks include liquid assets, bank accounts, central bank accounts and government securities. Liquid assets will increase the banks' capital adequacy ratio. Likewise, liquid assets will have a 0% risk of calculating their capital adequacy, low levels of accumulation, either cash or large and active repo markets, and the market is in a difficult situation, is calculated².
In addition, the development of the stock market in our country enriches the emission and investment activity of commercial banks, leads them to a new level and provides lending through securities. In this sense, it is the state's general macroeconomic policy - monetary, fiscal, and budgetary policies. Commercial banks, in turn, take part in this process and carry out their own securities and operations.