Opposition factions discusses draft law “On Accounting”
16/01/2016 00:05
Opposition factions discusses draft law “On Accounting”
16/01/2016 00:05
Tashkent, Uzbekistan (UzDaily.com) -- The Legislative Chamber of Oliy Majlis of Uzbekistan hosted a meeting of the faction of People’s Democratic Party of Uzbekistan. Deputies discussed a bill amending the law “On Accounting”.
As it was noted at the event in the country created the legislative framework of the accounting system, allowing to solve problems in the organization of effective functioning of an integrated system in the field. In addition, the relationship it regulated by a number of by-laws, including 23 national accounting standards, more than fifty legal acts.
The parliamentarians noted that today there is a need of improving certain provisions of the current law. It was emphasized that remains relevant legislative consolidation of the creation of voluntary associations of accountants, whose activities will be aimed primarily at protecting their rights and interests, professional growth, and to ensure their participation in the improvement of legislation in the field.
Members of the faction of People’s Democratic Party expressed their views on specific provisions of the bill, and is fully compliant with the rules of its legal and technical design, and supported the Bloc of Democratic Forces for the adoption of the bill as amended.
At the same time, taking into account the urgency of the issue affecting the most important areas of social and economic life of the country, the deputies were in favor of a comprehensive discussion of the draft law with the assistance of the general public, professional associations of accountants, financiers, economists, business representatives and businesses that meets the program objectives and tasks of the Party.
On the same day, a meeting of the faction of the Social Democratic Party “Adolat” was held. Members of the faction made proposals for amendments and additions to certain articles of the Law “On Accounting”, which aim to address gaps in the legislation, as well as alignment with the new requirements in the legislation and present conditions of economic entities.
The deputies drew attention to the proposal subject of legislative initiative on improving the rules relating to the objects of accounting, as well as the organization and implementation of internal controls. Thus, in their view, a clear delineation of responsibilities between the employees over the receipt, storage, use and design at every stage of the movement of objects of accounting, as well as establishing a system of mutual control among them will enable to organize an effective operational control over financial and economic activities and use of funds of economic entities, and to prevent abuse, a violation of the law and other negative phenomena.
All this is of great importance in the improvement of economic entities. This is the basis of the principle of equity, as without proper consideration is impossible to imagine modern production.
However, members of the faction of the Social Democratic Party “Adolat”, adhering to the norms of legislative technique, considered irrelevant proposal Bloc of Democratic Forces for the adoption of the Law “On Accounting” in the new edition, as it requires further study and careful analysis before its introduction to the discussion of the Legislative Chamber, faction supported the structure of the bill in the form of the subject of the legislative initiative.
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