ACCOUNTING FOR OBLIGATIONS RELATED TO SECURITIES ISSUANCE IN ENTERPRISES: CURRENT PROCEDURES, CHALLENGES, AND SOLUTIONS
DOI:
https://doi.org/10.5281/zenodo.17427513Keywords:
obligations, stocks, bonds, securities, reporting, accounting, financial stability, statistics, documentation discrepancies.Abstract
This study examines the current procedures for accounting for obligations tied to securities issuance in enterprises,
focusing on Uzbekistan’s regulatory framework. It identifies key challenges such as inconsistent documentation, lack of
standardized reporting, and compliance gaps, proposing actionable solutions like digital tools and regulatory reforms.
Using a mixed-methods approach, the research integrates qualitative insights from regulatory texts with quantitative data
from enterprise surveys. Results indicate significant inefficiencies, with 65% of sampled enterprises facing discrepancies
in obligation tracking. The discussion offers a pathway toward improved transparency and efficiency in securities-related
accounting.
References
Central Bank of Uzbekistan. (2024). Annual Report on Securities Market Performance. Tashkent.
State Statistics Committee of Uzbekistan. (2024). Financial Sector Statistics 2023-2024. Tashkent.
Law of the Republic of Uzbekistan on Joint-Stock Companies and Protection of Shareholders’ Rights (1996, amended
. https://cis-legislation.com/document.fwx?rgn=925
International Financial Reporting Standards (IFRS). (2023). Guidelines on Liabilities Reporting.
Law of the Republic of Uzbekistan “On Accounting” https://www.ibac.uz/en/media-center/legal-framework/52.htm
