Publication Details
Abstract
The article is devoted to the analysis of the prospects for implementing the International Financial Reporting Standards for Small and Medium-sized Enterprises (IFRS for SMEs), taking into account international experience and the possibilities of their application in the Republic of Uzbekistan. The paper provides an overview of the practice of applying this standard in various countries, which makes it possible to assess the effectiveness and results of its implementation for the development of small and medium-sized businesses. Particular attention is paid to the prospects for adapting IFRS for SMEs in Uzbekistan, and the main difficulties and limitations faced by enterprises during the transition to this standard are analyzed, including organizational, methodological, and human resource aspects.