REFORMING AND DEVELOPING ACCOUNTING IN THE REPUBLIC OF KAZAKHSTAN
Ключевые слова:
accounting, accounting reform, accounting standards, Kazakhstan accounting standards, international financial reporting standards and national financial reporting standards.Аннотация
Purpose of the study – study of the history of the reform and development stages of accounting of
sovereign Kazakhstan.
Methodology – general scientific research methods, such as induction and deduction, theoretical generalization,
scientific abstraction were used in the study.
Originality/Value – the value of the research is revealing the main trends in the development of domestic
accounting regulation for the years of independence of the republic. The authors studied the ways, stages of the
evolution of the accounting system.For this purpose, legislative and other regulatory acts, by-laws of ministries and
departments concerning the conceptual framework and the organizational and structural forms of the organization of
accountingwere analyzed.
Conclusions – accounting reform ensured the adequacy of the accounting system of Kazakhstan to the
requirements and characteristics of a market economy, allowed to form a new conceptual apparatus corresponding to
the current level of development of accounting science and world trends. The new accounting system, based on the
widespread use of international financial reporting standards by most business entities, has made business structures
more open and, therefore, preferred by domestic and foreign investors, which has a positive effect on raising the
country's competitiveness in the international arena
