Article

The Development of Liability Accounting in Insurance Companies Based on International Standards

Khaliqnazarova Gulnaz Jalgasbay qiziPhD student of Tashkent State University of Economics, UzbekistanSultamuratova Dilfuza GayratovnaStudent of the Nukus branch of Samarkand State University of Veterinary Medicine, Livestock and Biotechnology, Uzbekistan

International Journal Of Management And Economics Fundamentaljournal2026

ABI

Abstract

This study examines the development of liability accounting in insurance companies based on international financial reporting standards, particularly IFRS 17, with reference to Uzbekistan’s regulatory framework. It highlights the transition from traditional accounting methods to current value-based measurement, including risk adjustments and contractual service margins. Furthermore, the role of national legislation and presidential reforms in supporting the adoption of international standards is analyzed. The findings show that modern approaches improve transparency, comparability, and financial stability, despite implementation challenges.

Topics

Auditing, Earnings Management, Governance Emergency Medicine Education and Research Agricultural and Financial Auditing

Identifiers

DOI: 10.37547/ijmef/volume06issue03-08

Citations and references

Cited by 00 references

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