Keywords
IFRS
national accounting standards
transformation
accounting policy
international standards
comparison
financial analysis
European experience
transparency
How to Cite
Abstract
This article examines the main stages of transforming financial statements in accordance with International Financial Reporting Standards (IFRS). In particular, it analyzes the formation of accounting policies based on IFRS requirements, comparison with national accounting standards, identification of key differences, and their adjustments during the transformation process. Additionally, the application and practical experience of IFRS in European countries are discussed. The findings of the study contribute to improving the harmonization and transparency of financial reporting at the international level.References
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