At the international level, harmonization of accounting and reporting is essential for sustained growth of the national economy. Currently, to create a favourable investment climate in the country and a national model of the economy that meets international standards it is important to conduct harmonization of national accounting standards with international ones and international unification of financial reporting, where its classification and recognition play an integral part. These recommendations will improve the quality of financial asset reporting in our country.
Volume 12 | Issue 6
Pages: 1069-1079
DOI: 10.5373/JARDCS/V12I6/S20201133