UDC 657
Authors
Abdykadyrov P. M.,
Jalal-Abad teacher state university
Jalal-Abad, Kyrgyz Republic
Abstract
The article examines a set of measures taken by the government of the Kyrgyz Republic regarding the implementation of international standards. The role and significance of standards in the development of the accounting system is discussed. Our republic is an active participant in the process of global recognition of IFRS, the ultimate goal of which for Kyrgyzstan is to create a transparent system of accounting and reporting that is adequate to the new conditions, without which, in turn, sustainable economic development of the country is impossible. Thus, the Resolution of the Government of the Kyrgyz Republic dated September 28, 2001 №. 593 approved the International Financial Reporting Standards (IFRS) in the Kyrgyz Republic. Schedule of transition of legal entities to IFRS. Also, in order to form and improve the regulatory and legal framework in the field of accounting and create a legislative basis for the transition of the subjects of the republic to IFRS, the Law of the Kyrgyz Republic «On Accounting» dated April 29, 2002 №. 76 was adopted, which establishes the legal basis for accounting. , preparation of financial statements in accordance with the requirements of IFRS.
Keywords
accounting, analysis, audit, international standards, fixed assets, materials, cash, financial condition, capital.