ARTICLE
TITLE

Process of Coordination of Financial Statements in Banks to International Standards (IFRS)

SUMMARY

This article reveals the specifics of the practical application of the transformation of state-owned banks, their reorganization in accordance with market principles and international standards, as well as the expansion of private capital in the banking system and strengthening the competitive environment. Within the framework of the topic, laws and decisions, as well as research of economists were studied and conclusions and recommendations on the topic were given.

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