Problems of Accounting and Auditing of Fixed Assets and Solutions With the Use of International Standards

Authors

  • Suyunova Zukhra Bakhodirovna Tashkent Institute of Finance

DOI:

https://doi.org/10.51699/ijbde.v2i5.1756

Keywords:

accounting, auditing, fixed assets, tangible assets, depreciation, inventory, international standards

Abstract

In the given article  the issues with fixed asset accounting, worldwide standards-compliant fixed asset audit methods as well as the standards and characteristics for recognizing fixed assets are studied. The majority of domestic enterprises experience challenges with the recognition and classification of fixed assets, as well as the determination of their carrying value and any associated depreciation and impairment losses that are subject to recognition. IAS 16 plant properties, equipment principles and requirements based on international standards are disclosed.

Downloads

Published

2023-05-23

How to Cite

Bakhodirovna, S. Z. . (2023). Problems of Accounting and Auditing of Fixed Assets and Solutions With the Use of International Standards. International Journal of Business Diplomacy and Economy, 2(5), 107–112. https://doi.org/10.51699/ijbde.v2i5.1756

Issue

Section

Articles