Articles
| Open Access | Necessity And Main Directions Of Improving Financial Reporting In Uzbekistan
Boronov Bobur Farkhodovich , Associate Professor Of "Accounting And Auditing", PhD, Samarkand Institute Of Economics And Service, Uzbekistan Abdurasulov Jamshidbek Ahmad Ugli , Master's Degree Student Of The Department "Accounting And Auditing", Samarkand Institute Of Economics And Service, UzbekistanAbstract
The article highlights the need to improve financial reporting, the regulations adopted in Uzbekistan in this regard. The purpose of the concept required for the transition to International Financial Reporting Standards (IFRS) in Uzbekistan and the tasks to be included in it have been developed, a series of national accounting standards are presented. It was noted that today the standards for financial instruments need to be improved. For the transition to IFRS, the terms related to the information reflected in the financial statements are given. The work to be done in Uzbekistan to introduce the terms and accounting rules for the information reflected in the financial statements.
Keywords
Financial reporting, financial reporting indicators, information reflected in the financial statements
References
Approved by the Decree of the President of the Republic of Uzbekistan dated February 7, 2017 No. PD-4947 "On the Strategy of actions for further development of the Republic of Uzbekistan".
National Accounting Standards of the Republic of Uzbekistan. Lex.uz:BHMS. http://lex.uz/nsbu
Urazov K.B. Conceptual issues of accounting in the context of economic liberalization. Monograph. - T .: Fan, 2005. -236 p.
Tashnazarov S.N. International Financial Reporting Standards. Textbook. -T .: ECONOMY-FINANCE, 2019. -454 p.
Boronov B.F. Valuation of financial assets of enterprises and their reflection in the financial statements. Scientific and methodological recommendations. - Samarkand. SamISI. 2020. - p.36.
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