Features of the organization of accounting in the construction industry in Kazakhstan

This article provides a comprehensive analysis of the specifics of accounting organization in the construction industry of Kazakhstan. Construction activities are characterized by their high production and financial complexity, long-term projects, complex contractual arrangements, and interactions between general contractors and subcontractors. The main objective of the study is to examine the accounting policies of construction enterprises in terms of compliance with International Financial Reporting Standards (in particular, IFRS 15), and to identify the specific features of income and expense recognition in the construction sector. The research employs methods of theoretical analysis, comparative approach, regulatory document review, and case analysis. The authors analyze applicable accounting methods, cost calculation mechanisms, procedures for recognizing future period expenses, and approaches to determining the cost of construction projects. A comparative analysis of accounting practices in construction and manufacturing enterprises is also presented. The scientific novelty of the study lies in the evaluation of compliance between construction accounting policies and IFRS requirements, as well as in the development of practical recommendations for their improvement. The findings provide a practical basis for optimizing accounting systems and enhancing the transparency of financial reporting in construction companies.

1. Qazaqstan Respublikasynyñ 15 jylğa deiıngı Ūlttyq damu josparyn bekıtu jäne Qazaqstan Respublikasy Prezidentınıñ keibır jarlyqtarynyñ küşı joiyldy dep tanu turaly / Qazaqstan Respublikasy Prezidentınıñ 2018 jylğy 2025 aqpandağy No. 636 Jarlyğy (02.02.2022 jylğy jağdai boiynşa özgerıstermen). URL: https://online.zakon.kz/ (ötınış berılgen kün: 17.10.2022). (In Kazakh).

2. Beisenbaeva A.K. (2013) Qūrylystağy buhgalterlık esep. Oqu qūraly. – Almaty: «NURPRESS» baspasy, 184 p. (In Kazakh).

3. Nurkaşeva N.S., Jumabaeva M.D, Andybaeva G.T. Qūrylystağy kırıstı esepke aludyñ zamanaui edısterı // Central Asian Economic Revieew KazEU habarsysy. 2020, no. 6, p. 276. URL: https://caer.narxoz.kz/jour/article/view/276. (In Kazakh).

4. Kevin C.R. Lam, Heibatollah Sami, Jun Yao, Yiwei Yao. Mandatory IFRS Adoption and Earnings Management The Role of Culture. 2023. URL: https://doi.org/10.1016/j.intaccaudtax.2023.100527. (In English).

5. Ibarrondo-Dávila M.P., López-Alonso M., Rubio-Gámez M.C. Managerial accounting for safety management. The case of a Spanish construction company. 2015. URL: https://doi.org/10.1016/j.ssci.2015.05.014. (In English).

6. Pardis Pishdad-Bozorgi, Jong Han Yoon. Transformational approach to subcontractor selection using blockchain-enabled smart contract as trust-enhancing technology. 2022. URL:https://doi.org/10.1016/j.autcon.2022.104538. (In English).

7. Rūqsattar jäne habarlamalar turaly // Qazaqstan Respublikasynyñ 2014 jylğy 16 mamyrdağy No. 202-V Zañy. URL: https://adilet.zan.kz/kaz/docs/Z1400000202. (In Kazakh).

8. Qazaqstan Respublikasyndağy säulet, qala qūrylysy jäne qūrylys qyzmetı turaly // Qazaqstan Respublikasynyñ 2001 jylğy 16 şıldedegı No. 242 Zañy. URL: https://adilet.zan.kz/kaz/docs/Z010000242_ (ötınış berılgen kün: 17.10.2022). (In Kazakh).

9. Qūrylys-montaj jūmystaryna lisenzia beru // Qazaqstan Respublikasy İndustria jäne infraqūrylymdyq damu ministrınıñ 2020 jylğy 1 säuırdegı No. 175 būiryğymen bekıtılgen. URL: https://adilet.zan.kz/kaz/docs/V1000006678 (ötınış berılgen kün: 17.10.2022). (In Kazakh).

10. Qazaqstan Respublikasynyñ Azamattyq kodeksı // Qazaqstan Respublikasynyñ 1994 jylğy 27 jeltoqsandağy N 268-XIII Kodeksı. URL: https://adilet.zan.kz/rus/docs/K940001000. (In Kazakh).

11. Qarjylyq eseptılıktıñ halyqaralyq standarty (IAS) 15 «Satyp aluşylarmen şarttar boiynşa tüsım» (tüzetumen) (2018 jylğy jağdai boiynşa). URL: https://online.zakon.kz/ (ötınış berılgen kün: 17.10.2022). (In Kazakh).

12. Mezhdunarodnyj standart finansovoj otchetnosti (IAS) 8 «Uchetnaja politika, izmenenija v buhgalterskih ocenkah i oshibki». URL: https://online.zakon.kz/ (data obrashhenija: 17.10.2022). (In Russian).

13. Rahmanov K. Osobennosti buhgalterskogo ucheta v stroitel'stve v 2022 godu // Informacionnaja sistema «Paragraf». URL: https://online.zakon.kz/ (data obrashhenija 15.09.2022 g.). (In Russian).

14. Ob utverzhdenii Tipovogo plana schetov buhgalterskogo ucheta // Prikaz Ministra finansov Respubliki Kazahstan ot 23 maja 2007 goda N 185. URL: https://adilet.zan.kz/rus/docs/V070004771_. (In Russian).

15. Mezhdunarodnyj standart finansovoj otchetnosti (IAS) 2 «Zapasy». URL: https://online.zakon.kz/ (data obrashhenija 17.10.2022). (In Russian).

16. Kajdarova C., Zubku V., Kaldenberger A. Korrespondencija schetov tipovyh operacij (po sostojaniju na 2020 g.). URL: http://online.zakon.kz. (In Russian).

17. Ob utverzhdenii Nacional'nogo standarta finansovoj otchetnosti // Prikaz Ministra finansov Respubliki Kazahstan ot 31 janvarja 2013 goda No. 50. URL: https://online.zakon.kz/Document/?doc_id=31335042&pos=176;-40#pos=176;-40. (In Russian).