METHODOLOGICAL FEATURES OF USING INTERNATIONAL STANDARDS IN ACCOUNTING AND AUDIT TRAINING

Abstract

The globalization of economic relations has led to the unification of accounting rules around the world. The process of harmonization of accounting systems required the development and implementation of international financial reporting standards (IFRS). In order for companies to compete with foreign firms in attracting foreign resources, a new system of accounting and reporting regulations is needed. Reforming accounting statements in accordance with the requirements of international standards becomes an undeniable task.