IMPROVEMENT OF GREEN ACCOUNTING METHODOLOGY IN UZBEKISTAN: EXPERIENCE OF DEVELOPED COUNTRIES

Khalilov Sherzod Akhmatovich

Abstract

In the contemporary global economic landscape, the integration of environmental considerations into accounting practices has emerged as a critical factor for sustainable development. This integration, known as 'green accounting', involves the systematic inclusion of environmental assets and their depreciation in national and corporate accounting. For countries like Uzbekistan, which are in a phase of rapid economic development and transformation, the adoption and improvement of green accounting methodologies are vital. This paper aims to underscore the importance of enhancing green accounting practices in Uzbekistan, drawing from the experiences and best practices of developed countries.