Application of International Accounting Standards by Enterprises in the Context of Modern Challenges: сollective monograph / Beldii A.M., Boyarova O.A., Derevianko S.I., Gutsalenko L.V., Hanyaylo O.M., Hurenko T.O., Kolesnikova O.M., Kryvorot O.Hr., Kuzyk

The modern economy sets society the task of transitioning Ukrainian enterprises to International Financial Reporting Standards. The use of IFRS in the practice of Ukrainian enterprises will generate transparent and understandable information for users at... More

The modern economy sets society the task of transitioning Ukrainian enterprises to International Financial Reporting Standards. The use of IFRS in the practice of Ukrainian enterprises will generate transparent and understandable information for users at all levels, attract financial and credit resources for development and expansion, according to the analysis of reliable reporting to identify ways to optimize business, will be a driving force for enterprise management and gaining competitive advantage. The implementation of IFRS in the practice of Ukrainian enterprises has not only economic but also social significance, as reliable information allows to make more informed decisions at the level of industries and the country as a whole, provides effective investment of resources to obtain final financial results. All economic entities, regardless of their organizational and legal forms and forms of ownership, are required to keep accounts and prepare financial statements throughout t Less