PECULIARITIES OF ACCOUNTING FOR EQUITY IN THE CONDITIONS OF TRANSITION TO IFRS

Abstract

This article is devoted to the definition of the concept of capital, its economic essence, as well as its characteristics. This issue is more relevant today in the context of Uzbekistan's transition to IFRS, on the basis of which the purpose of this article is to develop proposals to solve the problems of improving capital accounting. To achieve this goal, an analysis is carried out in which the structure of private capital of joint-stock companies is considered. A number of existing aspects are considered, taking into account the structure and formation of equity in accordance with the requirements of IFRS, including: issues related to the storage and reflection in financial statements, revaluation and liquidation of capital for sale.