Of azerbaijan high technical educational institutions

PAHTEI 
PROCEEDINGS OF AZERBAIJAN HIGH TECHNICAL EDUCATIONAL INSTITUTIONS 
VOLUME 27 ISSUE 04 2023 
E-ISSN: 2674-5224 
• it is necessary to strengthen internal control over incoming primary documents on receipt, 
disposal, material losses; 
• carry out preliminary control, which begins in the process of signing documents by the chief 
accountant; 
• carry out operational follow-up control, which should be carried out by employees of the 
accounting department constantly when performing financial and business operations; 
• conduct timely accounting of incorrectly executed documents on receipt, disposal, material 
losses; 
• introduce a workflow schedule for incoming, outgoing, product losses (Watts, R. and 
Zimmerman, J., 1990: p.89) 
In the process of carrying out research work, we considered the organization of accounting, 
movement, and control of industrial stocks at enterprises, as well as ensuring the safety of 
inventories based on the study of materials and analysis of economic practices. 
Based on the results of the work carried out, several positive aspects can be identified. Firstly, 
every month the senior storekeeper draws up certificates of stale and end products, which allows 
the head of LLP and OMTS to coordinate the supply of the flax mill more effectively, and also 
allows them to control the state of production stocks. 
It should be noted that enterprises keep records of incoming and outgoing documentation, as well 
as draw up reconciliation certificates for sold inventories. 
Negative aspects in the work of the organization may be incorrect execution of primary 
documents, discrepancy between prices in the contract and documents of the supplier, and the 
enterprise does not conduct an inventory of settlements with all suppliers and buyers. As a result, 
it is necessary to carry out constant monitoring of the fulfillment of contractual obligations, to 
strengthen control over inventory items coming through accountable persons, and it is also 
necessary to increase the role of control in the preparation of primary documents for accounting 
for material assets. 
Strengthening control over the state of production stocks and their rational use has a significant 
impact on the profitability of the enterprise and its financial position. 
The main direction of increasing the efficiency of the use of production reserves is the 
introduction of resource-saving, low-waste and waste-free technologies. 
The rational use of reserves also depends on the completeness of the collection and use of waste 
and their reasonable assessment. 
Of great importance for the safety of materials is the availability of technically equipped 
warehouses with modern weighing instruments and devices that allow mechanizing and 
automating warehouse operations and warehouse accounting. 
An important condition for increasing the efficiency of the use of material resources is the 
strengthening of personal and collective responsibility, as well as the material interest of workers 
and managers in the rational use of these resources. 
Enterprises must necessarily strive to comply with the norms of inventories, since their surplus 
leads to a slowdown in the turnover of working capital, and a lack of them to disrupt the 
production process. 
In order to improve the accounting of material resources, it is necessary to constantly improve the 
applied documents and accounting registers, i.e. more widely use accumulative documents (limit 
intake cards, statements, etc.), as well as to increase the level of automation of accounting and 

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