Илғор иқтисодиёт ва педагогик технологиялар 3-jild 4-son (2026) · 238-253-betlar
PREPARING CONSOLIDATED FINANCIAL STATEMENTS ON FIRST-TIME ADOPTION OF IFRS 1
Hujabekov, Nizomiddin, Хужабеков, Низомиддин, Хўжабеков, Низомиддин
Annotatsiya
This article examines the methodological and practical issues that arise when entities in Uzbekistan prepare consolidated financial statements on first-time adoption of International Financial Reporting Standards. The discussion focuses on determining the date of transition under IFRS 1, reassessing the composition of the group and the scope of consolidation, and incorporating subsidiaries that were not previously consolidated. It also considers the treatment of business combinations that occurred before the transition date, the accounting for goodwill and non-controlling interests, and the measurement of investments in associates and joint ventures. The first IFRS financial statements of Freedom Payments JSC for 2024 are used to examine how the transition date was determined, how the mandatory exceptions and optional exemptions from retrospective application were applied, and what adjustments were made to amounts previously reported under Uzbekistan’s National Accounting Standards. Based on this analysis, the article proposes a set of working documents comprising a transition-date assessment table, a consolidation scope register, a business combination history register, and reconciliation schedules.
IFRS 1first-time adoption of IFRSconsolidated financial statementsdate of transitionscope of consolidationbusiness combinationgoodwillnon-controlling interestsdeemed costtransition adjustments
Metadata manbasi: jurnal OAI-PMH arxivi · Sindex toʻliq matnni saqlamaydi, manbaga havola beradi.