MODERNIZATION OF ACCOUNTING AND FINANCIAL SYSTEMS BASED ON INTERNATIONAL FINANCIAL REPORTING STANDARDS (IFRS)

This article examines the process of modernizing accounting and financial systems based on International Financial Reporting Standards (IFRS). The study analyzes how the implementation of IFRS enhances the transparency, comparability, and reliability of financial reporting in enterprises, while also contributing to the improvement of the investment environment. Furthermore, the article discusses the challenges arising during the adaptation of the national accounting system to international standards and explores possible solutions. Particular attention is given to the role of digital technologies and automated systems in the implementation of IFRS.