IMPROVING ACCOUNTING AND AUDIT PRACTICES OF INVENTORY MANAGEMENT IN JOINT-STOCK COMPANIES
Abstract
This scientific article examines, based on an in-depth academic approach, the issues of improving accounting and auditing practices in the process of managing inventories in joint-stock companies. During the study, the impact of inventories on a company’s financial stability, liquidity, and production efficiency was analyzed, and existing problems in accounting and auditing systems were identified. In addition, modern methods of inventory accounting and auditing based on national and international accounting standards (IFRS and NAS) were studied. Based on statistical data and practical examples, scientifically grounded proposals were developed to strengthen internal control systems in inventory management, utilize digital accounting tools, and increase the transparency of the audit process.