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Improving The Preparation Of Consolidated Financial Statements In Insurance Companies In Accordance With The Requirements Of International Financial Reporting Standards

Ochilov Ilyos Keldiyorovich
Associate Professor of the Department of "Accounting" at Tashkent Financial Institute, Tashkent, Uzbekistan
DOI Crossref DOI 10.37547/tajiir/Volume02Issue07-12
tajiir 2020
VOL. 2 / NO. 07 JULY
FULL TEXT PP. 70-83
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VOLUME 2
ISSUE 07
YEAR 2020
PAGES 70-83
RESEARCH OVERVIEW

Abstract

This research paper describes the theoretical and methodological aspects of the
preparation of consolidated financial statements in insurance companies in accordance
with the requirements of international financial reporting standards and methods of
calculating the investments of insurance companies. The methods of compiling the
consolidated financial statements of insurance companies, their calculation and the stages
of consolidation are described. The ways of solving the problems of consolidating financial
results, assets and liabilities, cash flows and financial statements taking into account the
specifics of the activities of insurance companies are considered.

RESEARCH TOPICS

Keywords

consolidated financial statements (CFS), control joint control,

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