State regulation of unification and harmonization of accounting and auditing in Kyrgyzstan in modern conditions

UDC 338.2
DOI: 10.36871/u.i.k.2023.11.03.002

Authors

E. B. Bolotbekova,
International University of Innovative Technologies, Bishkek, Kyrgyz Republic

Abstract

The article is devoted to the issues of state regulation of accounting and auditing and their transformation and harmonization with international financial reporting standards in modern conditions of functioning of economic entities.
The role and importance of standards in the development of the accounting and auditing system are considered. When forming the accounting and reporting system, each country relies to some extent on legislative acts. At the same time, the influence of professional organizations on the creation of an accounting system varies.

Keywords

government regulation, transformation, harmonization, international financial reporting standards, economic conditions, financial condition