PROBLEMS AND PROSPECTS OF APPLYING INTERNATIONAL STANDARDS OF REPORTING TO THE ACCOUNTING SYSTEM OF THE REPUBLIC OF UZBEKISTAN (IN THE CASE OF ENTERPRISES OF THE REAL SECTOR NETWORK)
Keywords:
IFRS (International Financial Reporting Standards),Uzbekistan,Accounting System,Real Sector,National Accounting Standards (NAS),Transition to IFRS,Institutional Barriers,Policy Recommendations,Financial Transparency,Investor Confidence,Economic Growth,Capacity Building,Educational Reform,Professional Training,Public Interest Entities (PIEs),SMEs (Small and Medium Enterprises),Cultural Resistance,Technological Gaps,Legal Framework,Government Support,Mining Sector Case Study,Foreign Investment,Economic Liberalization,Accounting Education,Certification Programs,Institutional Development,Global Financial Reporting Standards.Abstract
This article explores the current state, challenges, and future prospects of implementing International Financial Reporting Standards (IFRS) in the accounting systems of Uzbekistan, particularly focusing on enterprises within the real sector. The study highlights the gap between national practices and IFRS, analyzes institutional readiness, and provides recommendations for effective convergence.
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References
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