Improving the Analysis of Joint-Stock Company Profitability Indicators

Аннотация

The article examines the analysis of production costs and profitability indicators in economic entities. The main tasks of the analysis of production costs and the analysis of costs for one soum product, the analysis of the profitability indicators of the joint-stock company were studied. Keywords: Accounting, audit, economic analysis, financial analysis, production costs, production cost analysis, cost structure, production cost, net sales, profitability, financial stability. financial reporting" [2] by accelerating the transition to Introduction: In the conditions of economic international standards of financial reporting, providing development and liberalization in the Republic of foreign investors with the necessary information Uzbekistan, technical and technological re-equipment environment in order to expand access to financial of production serves to establish the financial and markets, as well as to improve the system of training economic activities of economic entities and ensure accounting and auditing specialists according to their economic and financial stability. international standards, joint-stock companies, In the decision of the President of the Republic of commercial banks, insurance organizations will Uzbekistan dated September 19, 2018 "On measures to organize accounting on the basis of IFRS from January further develop audit activity in the Republic of 1, 2021, and from 2021 from the end of the year, it is Uzbekistan" modern approaches in regulation in decided to prepare the financial report based on IFRS. accordance with international standards are In accordance with the Law of the Republic of introduced. Uzbekistan No. ORQ-677 dated 25.02.2021 [3], NSA One of the directions of the consistent economic policy were canceled on July 31, 2021, and it was determined conducted in our republic is the modernization of that the audit activity will be carried out entirely in ISA. production enterprises, technical and technological Today, we need to develop export-oriented products updating, and reduction of production costs based on (works and services) in business entities. For this, the the widespread introduction of innovative products must be competitive and our product technologies. Objective distribution of costs for manufacturers must gain competitive advantage. products (work and services) created in economic Competitive advantage is determined by reducing the entities according to cost objects and their correct costs of manufactured products (work and services), accounting in the initial documents, as well as increasing their quality, and quickly adapting to market production costs in the cost of products (work and requirements. In this case, issues of reducing services) It is an urgent task to make clear decisions for production costs are important. future periods by auditing that is being formed correctly. For this reason, it is necessary to objectively distribute the costs of the products (work and services) created in Decision No. PQ-4611 of the President of the Republic the business entities according to the cost objects and of Uzbekistan dated February 24, 2020 "On additional correctly account for them in the original documents measures for transition to international standards of and in the cost of the products (work and services) to International Journal of Management and Economics Fundamental 45 https://theusajournals.com/index.php/ijmef International Journal of Management and Economics Fundamental (ISSN: 2771-2257) make accurate decisions for future periods by auditing various industries. This determines the relevance of the the correct formation of production costs. Because it topic of the scientific article. shows that the current system does not fully meet the