Open AccessProspects for the Implementation of Corporate Disclosure Standards in Accordance With ISAR in Uzbekneftegaz JSC
Author(s) -
Otto
Publication year - 2020
Publication title -
bûlletenʹ nauki i praktiki
Language(s) - English
Resource type - Journals
ISSN - 2414-2948
DOI - 10.33619/2414-2948/60/34
Subject(s) - openness to experience , business , investment (military) , accounting , foreign direct investment , national economy , international trade , international economics , economic system , economics , political science , macroeconomics , psychology , social psychology , politics , law
As a result of the reforms carried out in the Republic of Uzbekistan to liberalize and develop the economy, the number of economic entities engaged in foreign trade operations and attracting foreign investment is increasing. In this regard, the introduction of international financial reporting standards (IFRS) is due to an objective necessity based on the increasing openness and interdependence of national economies.