Egamberdiyeva Hilolaoy Olimjon kizi
PhD student at Tashkent State University of Economics
Gmail: hmamatkarimova97@gmail.com
ORCID – 0009-0001-5052-7631
Abstract. This article examines the priority directions of accounting for revenues in insurance organizations within the context of modern financial reporting standards and the transformation of the insurance market. The study analyzes the economic essence of insurance revenues, their classification, and the methodological approaches to their recognition and measurement in accordance with international financial reporting standards, particularly IFRS 17. Special attention is given to the issues of premium recognition, investment income accounting, reinsurance transactions, and the formation of insurance reserves. The article also highlights the importance of transparency, reliability, and comparability of financial information in ensuring financial stability and increasing investor confidence. Based on theoretical analysis and best international practices, the author proposes priority areas for improving revenue accounting mechanisms in insurance companies, including digitalization of accounting processes, risk-based approaches, and strengthening internal control systems. The findings contribute to enhancing the effectiveness of financial management and ensuring compliance with global accounting standards in insurance organizations.
Keywords: insurance organizations, revenue accounting, insurance premiums, reinsurance, insurance reserves, financial reporting, IFRS 17, investment income, financial transparency, accounting methodology.