Further Improvement Issues of Accounting and Reporting in Non-State Non-profit Organizations in Uzbekistan

Abstract

Among all of contemporary organizational structure of entities, non-state non-profit organizations (NSNPOs hereinafter) gains an inherent position in terms of orientation and funding. The last three decades are marked with significant shifts in NSNPO accounting and reporting reforms due to abovementioned distinguishing features depending on the country they operate. Uzbekistan has put several significant steps towards regulatory and legal bases of NSNPOs through structural reforms and legislative adjustments. This article investigates international best practices in NSNPO accounting and reporting practices, highlights adoption opportunities and proposes recommendation for further improvement of NSNPOs in Uzbekistan.

Keywords: non-state, nonprofit, NSNPO, Uzbekistan.