Enhancing Cost Accounting Based on International Financial Reporting Standards
Abstract
This article explores the specifics of cost accounting in agro-industrial clusters, focusing on methodological issues of accounting in accordance with International Financial Reporting Standards (IFRS). It also investigates the methodological aspects of identifying cost origination points, determining short-term, medium-term, and long-term perspectives, and accounting for costs in product cost within agro-industrial clusters, with the aim of effective cost management based on IFRS.
References
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Decree of the President of the Republic of Uzbekistan dated September 30, 2024 “On additional measures to introduce new market mechanisms in the agro-industrial sector of the republic and to establish industrialized gardens and vineyards” PF-151. https://lex.uz/docs/7124200?ONDATE=02.10.2024
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Toshpo’latov A.Sh. Improving the Cost Management Mechanism in Management Accounting. Academic Journal of Digital Economics and Stability. Spain . Volume 15, 2022, ISSN 2697-2212. P. 176-183.https://economics.academicjournal.io/index.php/economics/article/view/453/436
Cluster and interest – the future of agriculture in Uzbekistan. old.gov.uz/oz/news/view/28847
