PRIORITY DIRECTIONS FOR ORGANIZING MANAGEMENT ACCOUNTING AND INTERNAL CONTROL SYSTEMS IN FISHERY CLUSTERS
DOI:
https://doi.org/10.5281/zenodo.21058421Abstract
The article examines priority directions for organizing management accounting and internal control systems
in fishery clusters. The research is based on the 2019–2024 practice of fishery clusters within the “O‘zbekbaliqsanoat”
Association. The author developed proposals in three main areas: (1) organizational and methodological aspects of the
management accounting policy; (2) a mixed transfer pricing model based either on market price or on cost plus a 15–25%
margin; and (3) a segment reporting template for five operating segments in accordance with IFRS 8 requirements. In
addition, five components of the internal control system for fishery clusters are proposed based on the COSO Internal
Control — Integrated Framework. The research results have practical significance for improving the efficiency, transparency,
and controllability of fishery clusters.
Keywords
fishery clusters, management accounting, internal control, COSO, transfer pricing, segment reporting, IFRS 8, agroclusters, Uzbekistan.References
Decree of the President of the Republic of Uzbekistan No. PF-4947 of February 7, 2017, “On the Action Strategy for
the Further Development of the Republic of Uzbekistan” [Electronic resource]. – URL: https://lex.uz/docs/3107036.
Law of the Republic of Uzbekistan No. O‘RQ-404 of April 13, 2016, “On Accounting” [Electronic resource]. – URL:
Aliqulov A. I. Theoretical and Practical Issues of Cost Accounting and Analysis: Monograph / A. I. Aliqulov. – Tashkent:
Fan va texnologiya, 2011. – 188 p.
COSO. Internal Control — Integrated Framework. – Durham: AICPA, 2013. – 188 p.
Fayzullaev N. K., Rasulov B. S. Issues in organizing management accounting in cluster-type enterprises // Economic
Analysis and Audit. – 2021. – No. 2. – P. 45–53.
Hasanov B. A., Khoshimov A. A. Management Accounting: Textbook / B. A. Hasanov, A. A. Khoshimov. – Tashkent:
IQTISOD-MOLIYA, 2013. – 328 p.
Hirshleifer J. On the economics of transfer pricing // The Journal of Business. – 1956. – Vol. 29. – No. 3. – P. 172–184.
– DOI: 10.1086/294110.
Horngren C. T., Datar S. M., Rajan M. V. Cost Accounting: A Managerial Emphasis / C. T. Horngren, S. M. Datar, M. V.
Rajan. – 16th ed. – Boston: Pearson, 2018. – 960 p.
IFRS Foundation. IFRS 8 Operating Segments [Electronic resource]. – London: IFRS Foundation, 2023. – URL:
https://www.ifrs.org/issued-standards/list-of-standards/ifrs-8-operating-segments/.
Kaplan R. S., Atkinson A. A. Advanced Management Accounting / R. S. Kaplan, A. A. Atkinson. – 3rd ed. – Upper
Saddle River: Pearson, 2015. – 800 p.
OECD. OECD Transfer Pricing Guidelines for Multinational Enterprises and Tax Administrations 2022. – Paris: OECD
Publishing, 2022. – 658 p.
Official data and annual reports of the “O‘zbekbaliqsanoat” Association, 2019–2024.
Official data from the Statistics Agency under the President of the Republic of Uzbekistan [Electronic resource]. –
URL: https://stat.uz.
Selan B., Alikulov A. Formation of transfer pricing in fishery clusters // Economy and Innovative Technologies. – 2024.
– No. 1. – P. 78–87.
Sokolov Ya. V. Accounting: From Its Origins to Our Days / Ya. V. Sokolov. – Moscow: YUNITI, 2018. – 638 p.
Vakhrushina M. A. Managerial Accounting: Textbook / M. A. Vakhrushina. – 8th ed. – Moscow: INFRA-M, 2020. – 570
p.
Downloads
Published
How to Cite
Issue
Section
