ORGANIZATION OF FINANCIAL ACCOUNTING BASED ON INTERNATIONAL STANDARDS IN THE CONTEXT OF ECONOMIC LIBERALIZATION

Аннотация

In the context of economic liberalization, the transition to International Financial Reporting Standards (IFRS) is a critical step toward enhancing the transparency and investment attractiveness of enterprises. This article explores the implementation specifics of IFRS in Uzbekistan, identifies key benefits and challenges, and analyzes both international andlocal experiences. Particular attention is given tocorporate case studies and acost-benefit analysis ofIFRS adoption. Key words:IFRS, financial accounting, economic liberalization, investments, Uzbekistan, standardization.