Authors : Sultanov Omon; Ostonokulov Azamat

Volume/Issue : Volume 8 - 2023, Issue 11 - November

Google Scholar : https://tinyurl.com/6hupunm7

Scribd : https://tinyurl.com/mpmmefma

DOI : https://doi.org/10.5281/zenodo.10223992

Abstract : Agriculture plays a vital role in the country's social and economic development by supplying essential products to the population. The significance of clusters in processing these agricultural products at an industrial level, streamlining processes from raw materials to high- quality end products, is substantial. The comprehensive systematization of materials into finished products not only reduces production costs but also enhances operational efficiency. This emphasis on efficiency is particularly pertinent in cotton-textile clusters, underscoring the need for reliable accounting information to assess their effectiveness. This article addresses the importance of accounting for the activities and financial outcomes of cotton-textile clusters. The financial results of these clusters are analyzed, and recommendations for enhancing financial reporting in cotton-textile clusters are presented.

Keywords : Accounting, Income, Clusters, Financial Reporting, Cotton-Textile Clusters, Expenses.