PECULIARITIES OF RECOGNITION OF FIXED ASSETS IN ACCOUNTING ACCORDING TO INTERNATIONAL FINANCIAL REPORTING STANDARDS

Ismanov Ibrokhim Nabievich; Moydinov Erkinjon Jaloliddinovich

PECULIARITIES OF RECOGNITION OF FIXED ASSETS IN ACCOUNTING ACCORDING TO INTERNATIONAL FINANCIAL REPORTING STANDARDS

Authors

Ismanov Ibrokhim Nabievich Doctor of Economic Sciences, Professor, Department of “Accounting and audit”, Fergana Polytechnic Institute, Fergana, Uzbekistan
Moydinov Erkinjon Jaloliddinovich

Keywords:

fixed assets, investment property, non-current assets, lease

Abstract

The article discusses the features of recognition in the accounting of fixed assets based on international financial reporting standards, reveals the significance and role of the topic under study at the present time in the development of an economic entity and ensuring the competitiveness of products. This article will consider the issue of recognition of fixed assets as one of the most important areas of accounting under IFRS based on a comparative analysis of national accounting Standards (NAS).

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Published

2022-10-30

How to Cite

Ismanov Ibrokhim Nabievich, & Moydinov Erkinjon Jaloliddinovich. (2022). PECULIARITIES OF RECOGNITION OF FIXED ASSETS IN ACCOUNTING ACCORDING TO INTERNATIONAL FINANCIAL REPORTING STANDARDS. World Economics and Finance Bulletin, 15, 222-228. Retrieved from https://scholarexpress.net/index.php/wefb/article/view/1572