IMPROVING ACCOUNTING OF THE PROCESSES OF ORGANIZATION AND TERMINATION OF NON-STATE NON-PROFIT ORGANIZATIONS

Khojiyev Mexriddin Sulaymonovich
PhD, Professor of the “Audit” Department of Tashkent State University of Economics,
Tashkent, Uzbekistan. email: [email protected],
ORCID: 0000-0002-0968-5726
JELClassification: F26 G12
Abstract: This article discusses the purpose and objectives of accounting in non-state non-profit organizations (NSNPOs), as well as the problems of accounting for transactions related to the processes of organizing and liquidating their activities. Also, appropriate proposals and recommendations were developed on the characteristics of accounting for sources of financing and the formation of property when establishing non-state non-profit organizations (NSNPOs) in Uzbekistan, improving the accounting for the transfer of property remaining at their disposal to other NSNPOs during the liquidation process, and the specific features of settlements with branch and subsidiary organizations of NSNPOs, and conclusions were drawn on the topic.
This, in turn, creates an opportunity to simplify the tasks of accounting service employees and the heads of relevant departments in order to improve the accounting of assets and liabilities of NSNPOs. At the same time, the article examines the analysis of accounting transactions related to the processes of organizing and liquidating NSNPOs by domestic and foreign scholars, and based on their definitions, individual authorial views and scientific approaches are widely disclosed.
At the same time, the leading non-state non-profit organizations (NSNPOs) in our republic include the National Association of Non-state Non-Profit Organizations of Uzbekistan, Political Parties of the Republic of Uzbekistan, National Association of Accountants and Auditors of Uzbekistan, Chamber of Auditors of Uzbekistan, Mahalla Citizens’ Assemblies of Uzbekistan, Association of Insurance Organizations, Society of Disabled People of Uzbekistan, Chamber of Advocates of the Republic of Uzbekistan and other public organizations. In addition, there are more than 13,000 non- state non-profit international charitable organizations and self-governing bodies that provide voluntary assistance to the population. At this point, there is a period of rapid formation and development of activities of various civil society institutions, non-state non-profit organizations, which support the broad strata of the population of our country. The financial stability of NSNPOs is one of the most urgent issues to strengthen our country’s reputation among the developed countries of the world.
Key words: Non-state non-profit organizations (NSNPOs), commercial organization, asset, property, fixed assets, inventories, accounting, targeted cash receipts, grants, non-discriminatory assistance funds, financial reporting