APPLICATION OF THE EXPERIENCE OF FOREIGN COUNTRIES IN MAKING ACCOUNTING AND PREPARING FINANCIAL STATEMENTS IN ACCORDANCE WITH IFRS IN UZBEKISTAN

Pardaeva Zulfizar Alimovna; Pardaeva Shakhnoza Abdinabievna

doi:10.17605/

Authors

Pardaeva Zulfizar Alimovna
Pardaeva Shakhnoza Abdinabievna Associate Professor of the Department of “Bank Accounting and Audit”, DSc Tashkent State University of Economics

DOI:

https://doi.org/10.17605/

Keywords:

Financial reporting, International Financial Reporting Standards (IFRS), commercial banks, experience of foreign countries, globalization, international accounting models.

Abstract

This article studies the experience of foreign countries in maintaining accounting and preparing financial statements in accordance with International Financial Reporting Standards (IFRS) in commercial banks of the Republic of Uzbekistan. The article primarily examines the organization of accounting based on international standards and the importance of financial statements in the process of globalization.

References

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