Features of the Process of First Application of International Financial Reporting Standards in the Accounting and Reporting System of the Republic of Uzbekistan

Misirov Komoliddin Mamasabirovich

Innovative Multidisciplinary Journal of Applied Technology · 2024-yil

Annotatsiya

The article reveals the features of the adoption of IFRS in accounting and reporting of the Republic of Uzbekistan. The main problems are revealed, mandatory exceptions and optional exemptions are considered in relation to the first application of IFRS, as well as requirements for disclosure of information in the first statements prepared in accordance with IFRS The article describes the provisions of IFRS 1, which must be observed by companies when applying IFRS for the first time, and also discusses their impact on the main stages of transition to IFRS.

Maqola ma’lumotlari
MualliflarMisirov Komoliddin Mamasabirovich
JurnalInnovative Multidisciplinary Journal of Applied Technology
Nashr sanasi2024-05-13
Jild2
Son4
Betlar65-71
TilIngliz

Kalit so‘zlar

International Financial Reporting Standards, reporting, transparency, assets, liabilities, exclusion.

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