RESERVE CAPITAL ACCOUNT

Аннотация

ion, induction, deduction, systematic approach, comparative analysis, grouping were used. These methods ensured the achievement of the research goal and the full implementation ofthetasks assigned to it. The observations made showed that the requirements for accounting for private capital in the system of national accounts and in the current legislation on the organization and maintenance of https://ijmri.de/index.php/jmsi volume 4,issue4,2025 559 accounting differ from the requirements of IFRS. According to the comparative table compiled to see these differences, it can be seen that in the system of national accounts, several accounting objects that could be included in private capital by their nature are taken into account in private capital. Reservecapital can beformed from thefollowing sources:  Allocation ofacertain part ofthenet profit oftheenterprise;  Allocations from other types of capital;  Mandatory reserves established bylaw;  Funds allocated onthebasis of special resolutions. In many countries, the amount and procedure for forming reserve capital are strictly defined in thelegislation. Reserve capital is maintained on separate accounts, for example: Account 84 - Reserve capital andsavings. Accounting entries are madeas follows: Debit:99—Net profit (loss) Credit:84—Reserve capital In cases where reserve capital is used, for example,to cover losses: Debit:84—Reserve capital Credit:91—Expenses From a financial point of view, reserve capital increases the enterprise's resilience to crises, which ensures its long-term stable operation. From a legal point of view, the procedure for forming and using reserve capital is regulated by the country's legislation, which increases the transparency and reliabilityof thecompany's financial statements. In Uzbekistan, the practice of forming and accounting for reserve capital among small and medium-sized businesses varies, and in some enterprises this process is not fully organized. This increases financial risks and reduces stability. Also, discrepancies in legislation and bureaucratic difficulties hinderthe effectiveformation of reserve capital. Conclusions and proposals. Reserve capital plays an important role in ensuring the financial security of an enterprise. It is the main reserve for covering losses, managing unexpected expenses, and maintaining stability. The system of accounting and management of reserve capital serves toimprovethefinancial condition ofanenterprise. The redistribution of equity elements in accordance with the requirements of IFRS allows foreign investors to reliably assess the financial condition of an enterprise. As a result of this opportunity, investors coming to our country and their financial and technological investments create great opportunities for ensuring the sustainable development of the economy. The information in this article can be used by employees of the accounting department of joint-stock companies, scientific researchers, undergraduate and graduate students of higher education institutions, and those who want to study independent accounting. The following proposals have been developed: 1. Further regulate the formation of reserve capital on the basis of legislation and develop additionalinstructions; 2.Introduction ofuniform standards foraccounting for reserve capital for enterprises; 3. Regular monitoring of the formation and use of reserve capital by financial supervisory authorities; 4. Organization of training seminars on accounting for reserve capital for financial employees of enterprises; 5. Introduction of tax incentives and other incentive mechanisms for the formation of reserve capital.