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.