Open AccessTHE IMPORTANCE OF THE CONVERGENCE OF INTERNATIONAL ACCOUNTING STANDARDS TO THE NATIONAL ACCOUNTING SYSTEM OF UZBEKISTAN
Author(s) -
Ergasheva Shahlo Turgunovna,
Shermatov Behzod Xalimkul
Publication year - 2019
Publication title -
world science/world science
Language(s) - English
Resource type - Journals
eISSN - 2414-6404
pISSN - 2413-1032
DOI - 10.31435/rsglobal_ws/31012019/6301
Subject(s) - comparability , accounting , business , accounting standard , financial accounting , mark to market accounting , national accounts , accounting information system , capital market , fund accounting , convergence (economics) , international financial reporting standards , economics , finance , macroeconomics , mathematics , combinatorics
The actuality of the research:-Economic integration-Comparability & uniformity of financial statements-Attracting potential foreign investors.-The requirement of the world financial markets & stock exchanges. -The decreasing of costs of learning local standards.-The aim of research are:-Carrying out the improvement of our accounting systems to speed up the development of our country with the help of foreign investors’ capital.Developing our national accounting standards based on international financial reporting standards and to reveal the problems associated with this.