📄 Abstract
The transition to International Financial Reporting Standards (IFRS) in Uzbekistan is a key initiative aimed at enhancing financial transparency, attracting foreign investment, and promoting sustainable economic growth. This article examines the main challenges, solutions, and expected benefits in IFRS adoption in Uzbekistan. It emphasizes the importance of regulatory reforms, education, and technological upgrades in facilitating this transition. The analysis underscores the potential of IFRS to improve Uzbekistans integration into the global economy and its impact on sustainable development.
🏷️ Keywords
📚 How to Cite:
Niyazmetov Mansur Ruzmatovich, Ostonokulov Azamat Abdukarimovich, Ochildiyev Bexruz Tulqin ugli , PHASES OF IMPLEMENTING INTERNATIONAL FINANCIAL REPORTING STANDARDS (IFRS) IN UZBEKISTAN AND ENSURING SUSTAINABLE DEVELOPMENT , Volume 10 , Issue 5, may 2024, International Journal of Global Economic Light (JGEL) ,