FINANCIAL INSTRUMENTS ACCOUNT SETUP
Abstract
The process for identifying financial instruments in corporate entities, accounting for them, identifying their components, and representing them in financial statements are all stated in the piece of writing.
References
1. Decree of the President of the Republic of Uzbekistan. (February 24, 2020). "On additional measures for the transition to international standards of financial reporting". No. PQ-4611. Tashkent.
2. Law of the Republic of Uzbekistan. (25 02 2021). "On auditing activity". O'RQ-677. Tashkent.
3. IAS 32 is concerned with how financial instruments are categorized and presented in financial statements.
4. IFRS 9 is concerned with the accounting for and presentation of financial instruments.
5. IFRS 7 is concerned with the financial instrument disclosure in financial statements.
6. Abdurakhim Turaev, Tae-Hyoung Mun. Impact of the Introduction of New ISA on Uzbekistan’s Auditing Environment. Journal of international trade and commerce. Vol 16, 4, Avgust 2020 (pp61-73).
7. R.Khaidarov, Chairman of auditors chamber of the Republic of Uzbekistan. (2013). Risk is limited. Newspaper NTV (№ 45).
8. Д.Э.Норбеков, А.Н.Тўраев, Ш.Ш.Рахмонов. Молиявий ҳисоботнинг халқаро стандартлари. Ўқув қўлланма. Т.: Иқтисод-молия, 2019. -332 б.
9. I.A. Naletova, T.E. Slobodchikova (2005). "Audit". Manual. (published by FORUM – INFRA). Moscow.
10. Kochinev., Yu. (b.d.). "Audit. Theory and practice". Manual, 448 pp. (Edited by Veshunovoy, Ed.) 5th edition. Publishing house.: "Peter".)(
11. http: ifrs.com
