INTERNATIONAL EXPERIENCE OF RECOGNITION OF INCOME BY LARGE ENTERPRISES IN THE DEVELOPMENT OF NEW UZBEKISTAN

Аннотация

In our country's joint activities with developed countries and large enterprises, and in attracting foreign investors, the preparation of financial statements based on international standards is of great importance. The introduction and application of international standards for the recognition of income and expenses, which are the main indicators of financial statements, is one of the important tasks. This article discusses the recognition of income and expenses in international practice and in national accounting, methods of recognizing income, valuation criteria, specific features and significance.