FINANCIAL AND ECONOMIC ASPECTS AND COST ACCOUNTING IN GEOLOGICAL EXPLORATION IN THE REPUBLIC OF UZBEKISTAN

The article considers the key financial and economic aspects, methodology, and national characteristics of financial and management accounting of costs for geological exploration works (GEW) in the Republic of Uzbekistan. Special attention is paid to the integration of National Accounting Standards (NAS)[4] with International Financial Reporting Standards (IFRS 6, IAS 36, IAS 37)[6] in the context of large-scale economic reforms and Presidential Decree No. PR-4611[3]. The tax aspects of GEW according to the Tax Code of the Republic of Uzbekistan[2] are analyzed, and methodological approaches to analyzing the efficiency of investments in subsoil use are proposed based on the works of leading domestic and foreign scientists. [7, 8, 9, 10].