• Sign in
  • 1744009905_435.svg 1744009905_642.svg

  • Latest news
  • Top headlines
  • Most read
  • Columnists
O'zbekcha
Ўзбекча
Русский
  • O'zb
  • Ўзб
  • Рус
  • Eng
  • O'zb
  • Ўзб
  • Рус
  • Eng
  • Latest news
  • Top headlines
  • Most read
  • Columnists
    • USD12910.15
    • RUB159.78
    • EUR14660.77
    • Google play
    • App Store
    • Telegram
    • Tashkent
      +19°C
      • Andijan
      • Karshi
      • Bukhara
      • Samarkand
      • Ferghana
      • Sirdarya
      • Jizzakh
      • Termez
      • Namangan
      • Tashkent
      • Navoiy
      • Tashkent reg
      • Nukus
      • Urgench
    • Daryo
      • About Daryo
      • Editorial office
      • Contact us
      • Terms of use
      • Privacy policy
      • News archive
    • Advertisement
    • Social networks
      • Instagram | Main
      • Instagram | Lifestyle
      • Instagram | Sport
      • Facebook | Main
      • OK | Main
      • YouTube | Daryo
      • YouTube | Daryo in Russian
      • YouTube | Daryo Global
    Telegram Youtube Facebook Instagram Twitter vkontakte
    Daryo logo white
    • Uzbekistan
      • Others
      • Navoi
      • Tashkent region
      • Syrdarya
      • Jizzakh
      • Kashkadarya
      • Surkhandarya
      • Khorezm
      • Bukhara
      • Samarkand
      • Namangan
      • Fergana
      • Andijan
      • Karakalpakstan
      • Tashkent City
      • DaryoKindness
      • Weather
    • Central Asia
      • Uzbekistan
      • Afghanistan
      • Kyrgyzstan
      • Kazakhstan
      • Turkmenistan
      • Tajikistan
    • World
    • Money
      • Business
      • Economics
      • Finance
      • Crypto
    • Culture
      • Movies
      • Books
      • Music
      • Celebrities
    • Lifestyle
      • Women only
        • Children
        • Beauty
        • Carrier
        • Advises
        • Fashion
        • Recipes
      • Technology
        • Architecture
        • Gadjets
        • Science
        • Space
        • Media
      • Auto
      • Entertainment
      • Travel
      • Health
      • Education
        • Entrant
        • Learn english
    • Sport
      • Football
      • UFC
      • Boxing
    infinix
    Daryo.uz - Login
    Daryo.uz Daryo.uz
    Daryo.uz - Login
    Economics

    CIS Accounting Council meeting emphasizes cooperation in standards

    CIS Accounting Council meeting emphasizes cooperation in standards

    The 20th meeting of the Accounting Coordinating Council of the CIS Member States took place at the Ministry of Economy and Finance of Uzbekistan on October 18-19. Uzbekistan has actively participated in the council since 2008, emphasizing the significance of mutual cooperation among CIS member states in developing accounting and auditing standards.

    Source: Ministry of Economy and Finance

    The Council was established to facilitate coordination among CIS Member States in developing modern accounting requirements, organizing accounting processes, preparing financial statements, and regulating auditing activities. It aims to harmonize national accounting and auditing systems with International Standards of Financial Reporting (IFRS) and International Standards of Auditing (ISA).

    Source: Ministry of Economy and Finance

    With the recent approval of the CIS Economic Development Strategy (2021-2025), accounting has been identified as a key area for cooperation within the coordinating council. Representatives from competent state bodies regulating accounting and auditing issues in CIS member states participated in this 20th council meeting.

    During the meeting, several crucial topics were discussed, including:

    1. The current status of mutual cooperation among CIS member states in the financial and economic sphere, along with the tasks of the Accounting Coordinating Council for 2024.

    2. The implementation of the action plan for the first stage of the CIS Economic Development Strategy until 2030 (2021-2025).

    3. The establishment of free online educational platforms in Uzbekistan to support training practitioners and specialists in international financial reporting standards. The government will cover the costs of training accountants and exam fees.

    4. The development of national accounting and audit regulation systems based on international principles, as well as the implementation of an agreement on consolidated financial statements for national economic entities of CIS member states.

    5. The organization of accounting for digital financial assets and the disclosure of information about them in financial reports.

    6. Further improvements to legislation related to accounting and auditing in CIS member states.

    Source: Ministry of Economy and Finance

    At the end of the meeting, an Information Notice about the 20th meeting was approved. The transfer of the chairmanship of the Coordinating Council to Azerbaijan from January 1, 2024, was also discussed. Participants expressed their gratitude to Uzbekistan for hosting and organizing the 20th meeting of the Coordinating Council on Accounting of the CIS Member States.

    The meeting underscored the continued importance of cooperation in accounting and auditing standards among CIS countries to promote economic stability and international harmonization.

    Follow Daryo's official Instagram and Twitter pages to keep current on world news.

    19.10.2023, 12:59   Comments (0)   934
    Facebook Twitter LinkedIn Telegram Email

    Comments (0)

    Sign in
    Leave A Reply Cancel

    On this topic

    'Uzbek banks show robust in 9M 2023 performance' - Avesta Investment Group

    19.10.2023, 00:11

    WEF report shows achievements of CA countries in adopting green energy 

    17.10.2023, 23:00

    Interest rates, inflation, and financial dynamics: Uzbekistan's economic landscape

    17.10.2023, 22:29

    Daryo exclusive: Kevin Ross on private financing driving Uzbekistan's climate transition 

    17.10.2023, 16:04

    JICA and Hamkorbank signs $35mn agreement to boost Uzbekistan's private sector

    17.10.2023, 15:33

    Dual EU goals in Central Asia: connectivity and influence

    16.10.2023, 09:57
    ×Lightbox Image

    Daryo.uz | Solution to your problems


    Beeline Uzbekistan started 2025 with a significant network modernization


    Beepul 's rising popularity: 3.5x user growth, transaction up 2.3x in 2024


    Ipoteka bank Joins AmCham Uzbekistan! 


    More than 500,000 new users: residents of Uzbekistan choose the Hambi superapp


    Don't want to waste time standing in lines? Pay your utility bills through the Ipoteka Retail mobile app?

     

    Recommended

    "I'm afraid of the dead": Interview with young Uzbek trapped and forced into the war in Donetsk

    3 May, 16:30

    Kyrgyzstan to lead Central Asia with 7% GDP growth, followed by Tajikistan at 6.7% and Uzbekistan at 6%, IMF projections

    29 April, 14:21

    "We are not their colony": Public pushback as Russian FM criticizes monument language in Uzbekistan

    24 April, 10:40

    Central Asia’s 1Q25 GDP rises across region, with Kyrgyzstan at 13.1% and Uzbekistan at 6.8%

    22 April, 13:13
     
     
     

    Latest news

    Kyrgyzstan and Tajikistan hold military parades marking 80th anniversary of WWII victory

    Central Asia | 9 May, 17:02

    Uzbekistan’s president joins world leaders in Moscow for 80th Victory Day anniversary

    Uzbekistan | 9 May, 15:58

    Uzbekistan approves layout for low-power nuclear plant in Jizzakh

    Uzbekistan | 9 May, 10:06

    Uzbekistan's banking deposits surge to $25.2bn in March

    Uzbekistan | 8 May, 17:24

    Kazakhstan to boost supplies to Vietnam across 35 sectors as trade target set at $2bn

    Kazakhstan | 8 May, 15:12

    Kyrgyzstan launches national council to advance blockchain and crypto, partners with Binance

    Kyrgyzstan | 8 May, 13:57

    Uzbekistan plants over 136mn seedlings in spring 2025

    Uzbekistan | 8 May, 13:19

    Uzbekistan to host 59th ADB Annual Meeting in Samarkand for second time

    Uzbekistan | 8 May, 11:26
    Daryo About Us

    Full reproduction or partial quoting of material, as well as the use of photographic, graphic, audio and/or video materials of Daryo (the Uzbek Press and Information Agency (UzAPI, now the Agency for Information and Mass Communications under the Presidential Administration of the Republic of Uzbekistan) is registered on 13.03.2015 with certificate number No. 0944 as a mass media) is allowed if there is a hyperlink to the website daryo.uz and/or are accompanied by a note indicating the authorship of the online publication Daryo. Individual publications may contain information that is not intended for users under the age of 18. Info@daryo.uz

    Telegram Youtube Facebook Instagram Twitter vkontakte

    © Simple Networking Solutions, 2013–2025

    Age restriction

    Did you find a bug? Press Ctrl + Enter

    • Terms of use
    • Privacy policy
    • Advertisement
    What are we going to search for?

    Sign In or Register

    Welcome Back!

    Login below or Register Now.

    Google

    or with email

    Leaving a comment, Пользовательского соглашения and Политики конфиденциальности

    Register Now

    Already registered? Login.

    Google

    or with email

    A password will be e-mailed to you.

    Leaving a comment, Пользовательского соглашения and Политики конфиденциальности

    Found an error in the text?

    ×

    Thank you. We have received your message and will fix the error as soon as possible.