RISK MANAGEMENT AND INTERNAL CONTROLS IN MICROFINANCE ACCOUNTING: ENSURING SUSTAINABILITY AND COMPLIANCE IN UZBEKISTAN'S FINANCIAL SECTOR

This study analyzes the changing dynamics of risk management and internal control frameworks in Uzbekistan's microfinance industry, focusing specifically on accounting methodologies and operational viability. The study highlights key risk variables and recommends improved management mechanisms adapted to Uzbekistan's economic climate through a thorough investigation of sector-specific data and industry practices. The study illustrates how integrated risk management strategies, coupled with strong internal controls, can enhance institutional resilience while preserving operational efficiency. Research demonstrates that the incorporation of technology, uniform methodology, and flexible control systems is crucial for sustainable microfinance practices in Uzbekistan's dynamic financial environment.