Science and education have a great role in the growth of the prestige of the Azerbaijani state among the countries of the world, its prosperity in all areas and its recognition as a powerful and tolerant republic. The consistent and strong dynamics of science and education determine the pace of development of any nation, not only its national and intellectual potential, but also its economic, military and political power. One of the priorities of the higher education institution is to widely promote the achievements of our country in the field of education abroad, as well as the study of international experience. Today, Sumgayit State University, which has been expanding its international relations year by year, has become a member of the Caspian State Universities and the Russian-Azerbaijani Association of Higher Education Institutions, playing an important role in the country's integration into the world.

The XI International Scientific-Practical Conference on "Financial Architecture: Challenges to New Realities" was held online on March 22-26 at the St. Petersburg State University of Economics of the Russian Federation on the ZOOM platform.

Associate Professor Loghman Abdullayev, Head of the Department of Finance and Accounting, Faculty of Economics and Management, Sumgayit State University, was invited to the international conference as an expert.

Associate Professor Loghman Abdullayev delivered speech on March 25 in the framework of the International Conference on "Global trends in accounting, business analysis and audit in the digital economy", on March 26 on "Accounting Theory and Practice, Business Analysis and Auditing: Past, Present and Future" and took an active part in the discussions held in the plenary sessions.

At the end of the conference, proposals were made on the topics discussed.