DEVELOPMENT OF ACCOUNTING IN MODERN TERMS OF ECONOMY OF KAZAKHSTAN

Purpose - The article considers the stages of reforms in accounting in Kazakhstan, legal basis of the process of transition to the International Financial Reporting Standards as well as issues over preparation of specialists in the field of accounting. Methodology - Stages of reforming of accounting in Kazakhstan are considered, studied interaction of subsystems of accounting (financial and tax accounting) in modern conditions of development of economy of Kazakhstan. In work staffing of reforming of system of accounting in Kazakhstan is analysed and the concept of training and professional development of experts of accounting in modern conditions of development of economy of Kazakhstan is developed. Originality/value - The practical importance consists in development and justification of the recommendation about improvement of system of accounting and financial statements of Kazakhstan. Also materials of research can be used in educational process, and separate sections of work to form base for further researches, both in methodological, and in the methodical relation. Findings - Recommendations about improvement of system of accounting and financial statements and way of adaptation of national system of the account in world space and also the mechanism of interaction of subsystems of accounting are developed.