THE IMPORTANCE OF THE CONVERGENCE OF INTERNATIONAL ACCOUNTING STANDARDS TO THE NATIONAL ACCOUNTING SYSTEM OF UZBEKISTAN

Ergasheva Shahlo Turgunovna; Shermatov Behzod Xalimkul

doi:10.31435/rsglobal_ws/31012019/6301

Ergasheva Shahlo Turgunovna Tashkent State University of Economics, Uzbekistan
Shermatov Behzod Xalimkul Tashkent State University of Economics, Uzbekistan

DOI: https://doi.org/10.31435/rsglobal_ws/31012019/6301

Keywords: NAS – National Accounting Standards of Uzbekistan, CPD programs - Continuing Professional Development programs, IFRS – International Financial Reporting Standards, NSA – National Standards of Audit of Uzbekistan, ISA – International Standards of Audit, CAP – Certified Accounting Practitioner, CIPA – Certified International Professional Accountant

Abstract

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.

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