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The implementation of Enterprise Resource Planning (ERP) systems represents a significant strategic decision for organizations, with wide-ranging implications for accounting and auditing practices. This paper explores the accounting and auditing implications of ERP system implementation, focusing on key considerations and challenges faced by organizations in adopting and integrating these complex software solutions. Through a comprehensive review of existing literature and case studies, the paper highlights the impact of ERP systems on financial reporting, internal controls, and audit processes. Additionally, it examines the role of auditors in assessing the effectiveness of ERP implementations and ensuring compliance with accounting standards and regulatory requirements. By analyzing the experiences of organizations across various industries, this paper aims to provide insights into best practices and strategies for addressing accounting and auditing challenges associated with ERP system implementation.

  • Read count 24
  • Date of publication 21-10-2024
  • Main LanguageIngliz
  • Pages243-253
English

The implementation of Enterprise Resource Planning (ERP) systems represents a significant strategic decision for organizations, with wide-ranging implications for accounting and auditing practices. This paper explores the accounting and auditing implications of ERP system implementation, focusing on key considerations and challenges faced by organizations in adopting and integrating these complex software solutions. Through a comprehensive review of existing literature and case studies, the paper highlights the impact of ERP systems on financial reporting, internal controls, and audit processes. Additionally, it examines the role of auditors in assessing the effectiveness of ERP implementations and ensuring compliance with accounting standards and regulatory requirements. By analyzing the experiences of organizations across various industries, this paper aims to provide insights into best practices and strategies for addressing accounting and auditing challenges associated with ERP system implementation.

Author name position Name of organisation
1 Mamarasulov D.A. tayanch doktorant Fergana Polytechnic Institute
Name of reference
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