Integrating IFRS and National Accounting Information in an Uzbek Joint-Stock Company

Abstract

This study develops and evaluates IFRS LINE as a conceptually integrated accounting-information architecture implemented as a spreadsheet-based reconciliation and reporting prototype. A single-case, process-oriented evaluation uses 2025 accounting data from a joint-stock company in Uzbekistan and retrospective receivables information through July 2026. Two workbooks cover 69 accounts, monthly journals, trial-balance calculations, account mappings and reporting controls; transfer between them is not automatically synchronized. Although total assets and total equity and liabilities differed by only 0.41 Uzbek soum (UZS), account-level tests identified larger balance and turnover exceptions, alongside a mismatch between annual and December-based financial results. An illustrative IFRS 15 workflow allocates UZS 120 million between two assumed distinct services as UZS 27.692 million and UZS 92.308 million, using stand-alone selling prices that were not independently validated. Of UZS 352 million in overdue receivables, UZS 224.916 million remained unpaid by July 2026; the resulting 63.90% is a subsequent non-collection proportion, not an IFRS 9 expected credit loss rate or allowance. The findings support control feasibility and visibility of reporting exceptions. They do not establish resolution of all exceptions, complete document-level traceability, or measured improvements in reliability, speed or cost. IFRS LINE provides a framework for account mapping, adjustment verification, period validation and multi-level reconciliation that requires further technical and empirical validation