Tashkent State University of Economics
Independent Researcher
Umaraliyev Sanjar Sultonaliyevich
JEL Classification: G10, G11
Abstract. This article analyzes the application of modern International Financial Reporting Standards (IFRS) in accounting for investment activities and the prospects for their integration into national accounting systems. Within the scope of the study, the role of international standards in the valuation, recognition, and presentation of investment assets in financial statements is examined. Additionally, existing issues in investment accounting are analyzed, particularly differences in valuation methodologies, practical inconsistencies, and challenges in implementing international standards. Based on the research findings, practical recommendations are developed to adapt national accounting practices to modern requirements and improve investment accounting. The article emphasizes the importance of harmonizing international cooperation and national experiences to enhance the transparency and reliability of financial reporting.
Keywords: investment activity, accounting, International Financial Reporting Standards (IFRS), investment assets, valuation methodology, financial statements, audit, national and international standards.