ADVANTAGES OF TRANSITION TO INTERNATIONAL STANDARDS   OF FINANCIAL REPORTING

Boboyeva Shoira Shoniyozovna

ADVANTAGES OF TRANSITION TO INTERNATIONAL STANDARDS OF FINANCIAL REPORTING

Authors

Boboyeva Shoira Shoniyozovna Republic of Uzbekistan Banking - Finance Academy Master's degree in "MBA General"

Keywords:

International Financial Reporting Standards, national accounting standards, financial analysis, economic efficiency, investment environment.

Abstract

In today’s globally integrated economy, transitioning to International
Financial Reporting Standards (IFRS) is essential for Uzbekistan’s financial sector. This
article discusses the importance and benefits of adopting these standards, drawing on
international experiences to highlight how aligning national accounting systems with IFRS
can improve financial reporting. The advantages include enhanced transparency, economic
efficiency, and an improved investment environment.

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Published

2024-10-23

How to Cite

Boboyeva Shoira Shoniyozovna. (2024). ADVANTAGES OF TRANSITION TO INTERNATIONAL STANDARDS OF FINANCIAL REPORTING. SAMARALI TA’LIM VA BARQAROR INNOVATSIYALAR JURNALI, 2(10), 341–344. Retrieved from https://innovativepublication.uz/index.php/jelsi/article/view/1850