Under the influence of globalization, national and international companies preferred to invest in organizations operating in the sectors of interest instead of directly entering into separate investment areas

Introduction

Under the influence of globalization, national and international companies preferred to invest in organizations operating in the sectors of interest instead of directly entering into separate investment areas. General Communication on its application has been studied in detail, and the accounting and reporting principles have been identified. Opinions of subsidiaries are explained in similar terms in the accounting standards and the General Communication on the Application of the Existing Accounting System and create similarity in the accounting reports. Significant differences are among the basic principles of working partnerships. In our country, business partnerships are formed more in the form of ordinary alliances and, as a rule, operate in the construction and contracting works. There are differences in tax legislation between amendments to accounting standards through adjustments made to such companies. Although there is a peculiarity in more than one accounting with the implementation of accounting standards in our country, one of the most challenging groups in the entry period is related to partnership investments. The purpose of this dissertation is to analyze the IFRS standards for partnership investments, which have a significant impact through the current accounting system in Azerbaijan, and to identify inequalities between these rules. The thesis consists of three parts, and the first part examines the historical development, purpose, policy, pros and cons of IFRSs under the title Review of IFRS. The second section provides information on the Impact of International Financial Reporting Standards (IFRS) and National Accounting Standards on the Preparation of Balance Sheet and Profit Statements for Commercial Organizations of Azerbaijan. In the third part, which is the last application part of the study, Embawood A.Ş, Ratio Analysis for “Liquidity Ratios”, “Profitability Ratios”, “Asset Efficiency Ratios”, and “Leverage Ratios” was calculated and interpreted in detail using the application. By the results obtained from these three sections, the concluding part was written, and suggestions were made. In addition, in the bibliography section, the literature used directly and indirectly in the research is sorted according to spelling.