IMPROVEMENT OF ACCOUNTING AND AUDIT OF OPERATING COSTS OF INNOVATION

Abstract

This article provides a detailed definition of the concept of innovation. It also identifies key components of the innovative life cycle and provides recommendations for reducing the credit constraints for Uzbek enterprises and developing the financial system as a whole. As part of the audit of innovation activities in Tajikistan, a risk assessment methodology, audit methodology, and risk assessment methodology were developed. This ensures transparency of innovative solutions, their economic self-regulation and transparency in the audit process.