Author: Maxmasobirova, Nigora Uktam qizi; Saydaliyev, Javoxir Nuriddin o‘g‘li

Annotation: The article highlights the process of implementing International Financial Reporting Standards (IFRS) in Uzbekistan, along with their legal foundations, stages, and practical significance. In particular, the measures for introducing IFRS in the country are analyzed based on decrees and resolutions such as PQ–4611, PF–5953, and PQ–210. The existing challenges in applying IFRS and the ways to overcome them are also discussed. The research substantiates the strategic importance of IFRS in advancing economic reforms and enhancing the country’s investment attractiveness.

Keywords: financial reporting, IFRS, accounting, transparency and comparability, legal framework, digitalization, economy of Uzbekistan.

Pages in journal: 391 - 399