RESOLUTION OF THE PRESIDENT OF THE REPUBLIC OF UZBEKISTAN

of September 15, 2025 No. PP-282

About measures for enhancement of system of financial accounting according to the International requirements and standards

For the purpose of widespread introduction of international standards in system of financial accounting of the country, and also ensuring execution of the Presidential decree of the Republic of Uzbekistan of January 30, 2025 "About the State program on strategy implementation "Uzbekistan - 2030" in Year of environmental protection and "green economy" I decide No. UP-16:

1. Take into consideration that as a result of the taken measures for ensuring reliability and transparency of creation of the financial reporting large enterprises passed to preparation of the financial reporting on the basis of International accounting standards (International Financial Reporting Standards (IFRS) (further - IFRS), harmonization of national system of financial accounting with the international requirements is reached, and also system measures for increase in personnel potential are taken.

2. Approve the offer of the Ministry of Economics and finance on introduction concerning the subjects of entrepreneurship which are important for society and economy, legal status of the Socially significant organizations (Public interest entities - PIE), to the financial reporting to which audit and management separate requirements, as the next stage of continuation of the reforms directed to implementation of the international requirements and standards in system of financial accounting are established.

3. Form the Republican commission on implementation of international accounting standards (further - the Republican commission) in structure according to appendix No. 1 * and to determine it the main objectives:

(a) coordination of activities of state bodies for high-quality implementation of IFRS in the country and methodological support of subjects of entrepreneurship in this process;

(b) ensuring interaction of the interested ministries and departments of reduction of the national legal system in compliance with IFRS, forming of necessary legal mechanisms;

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