REQUIREMENTS FOR FINANCIAL STATEMENTS IN MODERN CONDITIONS
Keywords:
Accounting, auditing, international financial reporting standards, financial reporting, reporting standards, financial accounting, tax accounting, financial information, net profit.Abstract
The article examines the importance of the complete and transparent preparation and presentation of financial reporting information, which is an important factor in conducting business and further expanding cooperation with foreign countries and investors. Special attention is paid to the recent work in the field of accounting and auditing in our country, including the importance, necessity and procedure for the transition of business entities to financial reporting standards.
References
1. Resolution of the President of the Republic of Uzbekistan dated February 24, 2020 No. PQ-4611 “On additional measures on the transition to international financial reporting standards”
2. A.A.Karimov, A.K.Ibragimov, N.K.Rizayev, N.M. Imamova – International financial reporting standards / Textbook – T.: “MOLIYA”, 2021 – 310 p. /
3. M.Tulayev. Financial reporting on IFRS: preparation and automation. Collection of materials of the International Scientific and Practical Conference on the topic “Issues of harmonizing accounting and auditing with International Standards in the transition to a digital economy”., t.: 2020.
4.Rizayev N.K. Improving the accounting and reporting system based on IFRS in Uzbekistan. Journal of interdisciplinary innovations and research in Uzbekistan.
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