PREPARATION OF FINANCIAL STATEMENTS IN JOINT-STOCK COMPANIES ON THE BASIS OF INTERNATIONAL STANDARDS

Abstract

This article examines the features of the organization of reporting in jointstock companies of the Republic of Uzbekistan based on international financial reporting standards. The article primarily examines the organization of accounting based on international accounting standards and the importance of financial reporting in the process of globalization. The article also studies the results of the application of international financial reporting standards in joint-stock companies, its methodological, general, technical and organizational structure and discusses the development of proposals for its improvement based on international financial reporting standards, thereby improving financial reporting in joint-stock companies