The article discusses the concept of “Liability†in the transition to IFRS and the theoretical aspects of accounting for liabilities in economic entities in accordance with NAS and IFRS, as well as offers on the dryness of accounting for liabilities in Uzbekistan in accordance with NAS and IFRS A. A. Amirov "Improving the Conceptual Framework for Liability Accounting During the Transition to IFRS" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-6 , October 2021, URL: https://www.ijtsrd.com/papers/ijtsrd46481.pdf Paper URL : https://www.ijtsrd.com/management/accounting-and-finance/46481/improving-the-conceptual-framework-for-liability-accounting-during-the-transition-to-ifrs/a-a-amirov
International Journal of Trend in Scientific Research and Development (IJTSRD)
Volume 5 Issue 6, September-October 2021 Available Online: www.ijtsrd.com e-ISSN: 2456 – 6470
@ IJTSRD | Unique Paper ID – IJTSRD46481 | Volume – 5 | Issue – 6 | Sep-Oct 2021
Page 646
Improving the Conceptual Framework for
Liability Accounting During the Transition to IFRS
A. A. Amirov
Independent Researcher, TSU
ABSTRACT
The article discusses the concept of “Liability” in the transition to
IFRS and the theoretical aspects of accounting for liabilities in
economic entities in accordance with NAS and IFRS, as well as
offers on the dryness of accounting for liabilities in Uzbekistan in
accordance with NAS and IFRS.
KEYWORDS: the concept of “Liability”, the essence of the concept of
“Liability”, the nature of the liabilities in NAS, the nature of the
liabilities in IFRS, the procedure for compiling the statement of balans
sheet, elements of the statement of balans sheet
How to cite this paper: A. A. Amirov
"Improving the Conceptual Framework
for Liability Accounting During the
Transition to IFRS" Published in
International
Journal of Trend in
Scientific Research
and Development
(ijtsrd),
ISSN:
2456-6470,
Volume-5 | Issue-6,
October
2021,
pp.646-652,
URL:
www.ijtsrd.com/papers/ijtsrd46481.pdf
Copyright © 2021 by author (s) and
International Journal of Trend in
Scientific Research and Development
Journal. This is an
Open Access article
distributed under the
terms of
the Creative Commons
Attribution License (CC BY 4.0)
(http://creativecommons.org/licenses/by/4.0)
INTRODUCTION
At present, the issues and problems related to the
reporting of liabilities in the financial statements of
business entities in accordance with the requirements
of IFRS are not fully resolved, but it is also important
to further improve the accounting and accounting.
This will require the development of new approaches
to bring accountability in the IF