Main Article Content

Kholmatov Dyorbek Usmonovich


This article describes the procedure for preparing and submitting financial statements in accordance with International Financial Reporting Standards and its conceptual issues. It contains scientific recommendations on the preparation of financial statements on the basis of IFRS (International Accounting Standard, IAS) and its purpose in ensuring the implementation of the Resolution of the President of the Republic of Uzbekistan No. PQ-4611.

Article Details

How to Cite
Kholmatov Dyorbek Usmonovich. (2023). CONCEPTUAL BASIS OF FINANCIAL REPORTING. Galaxy International Interdisciplinary Research Journal, 11(4), 618–627. Retrieved from


Law (2016). Law of the Republic of Uzbekistan "On Accounting". (2016). April 13.// Collection of legal documents of the Republic of Uzbekistan, (2016). 404 is the number.

Resolution (2020). Resolution No. 4611 of the President of the Republic of Uzbekistan dated February 24, 2020 "On additional measures for the transition to international standards of financial reporting".

Decree (2020). Decree No. PF-6097 of the President of the Republic of Uzbekistan "On approval of the concept of development of science until 2030". (2020) October 29.

Deliboltoyan А., Kuter M.I. (2013) Historical Beginnings of Bookkeeping Depreciation. In: Proceedings of the 3rd Balkans and Middle East Countries Conference Luca Pacioli in Accounting History. Istanbul, (2013), pp.1449–1464.

Kulikova L.I., Gafieva G.M. (2014) Development of Financial Reporting Principles. Mediterranean Journal of Social Sciences, (2014), vol. 5, no. 24, pp. 38–40.

Kulikova L.I., Garyncev A.G., Gafieva G.M. (2015) The Balance Sheet as Information Model. Procedia Economics and Finance, (2015), no 24, p. 339.

Ageeva, O.A. (2013) International financial reporting standards: A textbook for universities / O.A. Ageeva, A.L. Rebizova. – M.: Yurayt, (2013). – 447 p.

Bubnovskaya T.V., Julfakyan A.A. (2016) On the issue of the conceptual framework for the adaptation of IFRS in Russia // Bulletin of Dalrybvtuza. (2016). No. 7, pp. 10–19.

Vakhrushina M.A. (2016) Investment attractiveness of commercial organizations: problems of analysis and evaluation // Bulletin of the APK of Stavropol. (2016). No. S1. pp. 4–7.

Getman V.G. (2015) Formation of financial statements of commercial organizations based on the concept of maintaining the value of physical capital // Innovative development of the economy. (2015). No. 3, pp. 103–107.

Getman V.G., Grishkina S.N., Rozhnova O.V., Safonova I.V. et al. (2013) Conceptual and methodological approaches to fair value valuation of accounting items. Monograph. Moscow: Financial University, (2013). 150 s.

Grishkina S.N., Kontorovich O.I. (2013) Development of conceptual approaches to valuation in the Russian accounting and reporting system based on IFRS // Proceedings of the Volgograd State Technical University. (2013). T. 16. No. 11(114). pp. 88–91.

Karimov A.A., Ibragimov A.K., Rizaev N.K., Imamova N. (2021) International Financial Reporting Standards. Textbook. - Tashkent: Economics and Finance, (2021). - 975 p.

Kuter M.I., Khabibullina A.F. (2014) Prospects for the concept of integrated reporting in construction // Bulletin of the Altai Academy of Economics and Law. (2014). No. 2, pp. 65–68.

Maksutova S.F. (2015) Conceptual foundations of the organization of financial accounting // NovaInfo.Ru. (2015). Vol. 2, No. 31, pp. 142–146.

Nekhay A.A., Nekhay N.P. (2014) Study of the conceptual foundations for the formation and presentation of financial statements in accordance with IFRS // Science and World. (2014). T. 2. No. 5(9). pp. 39–40.

Rozhnova O.V. (2016) Development of the concept of fair value measurement // Accounting. Analysis. Audit. (2016). No. 6. S. 20-27.

Rozhnova O.V., Markov V.V., Igumnov V.M. (2013) Transparency as a priority for improving the quality of enterprise reporting // Proceedings of the Moscow State Technical University MAMI. (2013). T. 5. No. 1(15). pp. 80–84.

Solovieva O.V. (2011) Conceptual Framework for Financial Reporting under IFRS: Recent Developments. International accounting. 41 (191) - (2011). S. 2

Solovieva O.V. (2011) Conceptual Framework for Financial Reporting under IFRS: Recent Developments. International accounting. 41 (191). (2011). S. 3

Khakhonova N.N. (2014) Topical issues of improving the conceptual foundations of IFRS // Academic Bulletin. (2014). No. 1, pp. 133–140.

Chusov I.A., Larkina A.E. (2018) Conceptual framework of the system of international financial reporting standards. finance and accounting. Scientific Bulletin of the Southern Institute of Management. no. 2, (2018). S. 51

Shpilevaya T.E., Mullinova S.A. (2016) History of the development of IFRS in Russia: past and present // Economics and management: analysis of trends and development prospects. (2016). No. 29. S. 84-90.

Similar Articles

You may also start an advanced similarity search for this article.