306
More than 50 %
Control
(subsidiaries)
Method of
purchase, full
consolidation
ISFR 10
On the basis of the
regulation on the
share of
participants
Joint venture
Proportional
consolidation he
lushi (basic
approach)
(IAS) 28
(IFRS) 11
Conclusions and suggestions
In conclusion, it is desirable to compile a consolidated financial report on the
basis of international standards and use international experience. Because,
proceeding from the interests of the investor, the consolidated financial report should
be focused on the recognition of the Assets, Liabilities and financial and economic
operations of the enterprise adopted in the accounting policy of the enterprise, the
single approach should be aimed at the compilation of financial statements compiled
by subsidiary companies located on the territory of the Republic and That is, the
accounting policy of the subsidiary companies must be established in accordance
with the accounting policy of the parent company.
References:
1. Decree of the President of the Republic of Uzbekistan No. PF-6096 of
October 27, 2020 "On measures to accelerate the reform of enterprises with state
