IMPLEMENTATION OF INTERNATIONAL PUBLIC SECTOR ACCOUNTING STANDARDS

Authors

  • Shanasirova Nodira Abdullaevna PhD, Associate Professor of the Department of "Audit" Tashkent State University of Economics
  • Tulovov Erkinjon Toʻlqin oʻgʻli PhD, Associate Professor of the Department of "Audit" Tashkent State University of Economics

Keywords:

IPSAS, public sector, financial reporting, transparency, accountability, public financial management, adaptation of standards in Uzbekistan, sustainable economic development, legal and regulatory support, specialist training, technology modernization, investment attraction, trust in government institutions.

Abstract

This article addresses the issues of implementing International Public Sector Accounting Standards (IPSAS) as an important tool for enhancing transparency, accountability, and efficiency in the management of public finances. The objectives and benefits of IPSAS are discussed, including improving the quality of financial reporting, attracting investment, and increasing trust in government institutions. Special attention is given to the process of adapting the standards in Uzbekistan, including the development of national standards, training specialists, modernizing technologies, and providing legal and regulatory support. The challenges associated with the implementation of IPSAS are also analyzed, along with the prospects for their application in fostering sustainable economic development.

References

Decree of the President of the Republic of Uzbekistan No. PQ-4611 of February 24, 2020. Retrieved from Lex.uz

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Mekhmonov, S. U. (2015). Directions for Reforming Budgetary Accounting in the Public Sector Based on International Accounting Standards. Economy and Finance, (4), 73–77.

International Public Sector Accounting Standards (IPSAS). (2008). Vol. 1. Tashkent. (pp. 50–51).

Ibragimov, A. K., & Sugurbaev, B. B. (2010). Budgetary Control and Audit: Textbook. UNDP Programme; Ministry of Finance of the Republic of Uzbekistan, Training Center. Tashkent: infoCOM.UZ.

Shanasirova, N. A. (2022). Issues of Improving Cost Accounting in Healthcare Institutions. Economy and Education, 6, 54–57. https://doi.org/10.55439/ECED/vol23_iss6/a7

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Published

2025-09-30

How to Cite

Shanasirova Nodira Abdullaevna, & Tulovov Erkinjon Toʻlqin oʻgʻli. (2025). IMPLEMENTATION OF INTERNATIONAL PUBLIC SECTOR ACCOUNTING STANDARDS. INTERNATIONAL JOURNAL OF SOCIAL SCIENCE & INTERDISCIPLINARY RESEARCH ISSN: 2277-3630 Impact Factor: 8.036, 14(09), 63–68. Retrieved from https://www.gejournal.net/index.php/IJSSIR/article/view/2743

Issue

Vol. 14 No. 09 (2025): INTERNATIONAL JOURNAL OF SOCIAL SCIENCE & INTERDISCIPLINARY RESEARCH

Section

Articles

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