(MHXS asosida hisob siyosatining moddiy aktivlarga oid qismlarini shakllantirish xususiyatlari)
Muhammadi Israpilovich Khaitboev — PhD,
Associate Professor at the Department of Auditing,
Tashkent State University of Economics
Abstract: The transition to International Financial Reporting Standards (IFRS) requires entities to develop accounting policies that ensure transparent and reliable financial reporting. A key area in this process is the formation of accounting policies for tangible assets (property, plant and equipment), as they represent a significant portion of total assets and influence financial results. This study examines the specific features of developing accounting policies for tangible assets under IFRS. The analysis focuses on recognition criteria, initial and subsequent measurement, selection between the cost and revaluation models, depreciation methods, determination of useful life and residual value, component accounting, and impairment in accordance with IAS 16, IAS 36, and IAS 23. The results show that IFRS-based policies for tangible assets are principle-based, flexible, and require professional judgment and enhanced disclosures, improving the quality and comparability of financial statements.
Key words: Accounting policy; Financial reporting; Reliability; IFRS; Transparency; Audit; Policy disclosure