Abstract
Cash flow reporting represents a cornerstone of financial reporting under
international standards. The International Accounting Standards Board (IASB) recognizes
cash flow information as essential through IAS 7 Statement of Cash Flows, which requires
enterprises to present a statement of cash flows as an integral part of their financial
statements. This document examines the significance and functions of cash flow reporting
within the international reporting framework.
In Uzbekistan, financial reporting has undergone significant reforms in recent years as
the country works to modernize its accounting framework and align with international
practices. This article examines the specific requirements for cash flow reporting in Uzbekistan,
focusing on the interplay between national accounting standards (NAS) and International
Financial Reporting Standards (IFRS).
