ENSURING TRANSPARENCY AND AUDIT QUALITY IN PREPARING FINANCIAL REPORTS IN THE BANKING SYSTEM IN ACCORDANCE WITH INTERNATIONAL STANDARDS (IFRS)
DOI:
https://doi.org/10.5281/zenodo.20552709Keywords:
banking system, International Financial Reporting Standards, financial reporting, audit, transparency, accountability, openness, standardization.Abstract
This article analyzes the importance of preparing financial statements in the banking system in accordance with International Financial Reporting Standards (IFRS), its role in ensuring transparency and accountability of banking operations, and its impact on improving audit quality. Additionally, the article discusses the users of financial statements prepared in accordance with IFRS, ensuring transparency in their preparation, current challenges in the implementation of IFRS, and solutions.References
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