Ismatkhujaeva Laylokhon Izzatkhuja qizi
\nThe 2nd year Master\u2019s Degree Student, Faculty of Accaunting
\nField of Study: \u201cAccounting (by industry and sector)\u201d, TSUE,
\nTashkent, Uzbekistan. E-mail:Laylo.ismatkhujaeva@mail.ru
\nJEL classification: G18 G38
\nAbstract: This study examines modern approaches to the preparation and analysis of financial reporting in the Republic of Uzbekistan during the transitional period from National Accounting Standards (NAS) to International Financial Reporting Standards (IFRS). The relevance of the topic stems from the need to improve the transparency, reliability, and comparability of financial data amid the active development of the market economy and growing integration with global financial institutions. Special attention is given to the digitalization and automation of accounting processes, which significantly enhance the efficiency of financial data preparation and simplify both internal and external analysis.
\nThe paper analyzes the legal and regulatory framework for financial reporting, as well as the practical application of international standards across enterprises in various sectors. It explores the methodological aspects of constructing the main forms of reporting \u2014 the balance sheet, the statement of financial performance, the cash flow statement, and the statement of changes in equity.
\nThe results of the study enable an assessment of the readiness of Uzbekistan\u2019s accounting system for full adoption of IFRS and outline key directions for further improvement of financial reporting in the context of global trends in digital transformation and international accounting harmonization.
\nKeywords: financial reporting, IFRS, NAS, digitization, automation, Uzbekistan, financial analysis.<\/p>\n\n\n