Under martial law, businesses need comprehensive support to continue to operate and develop. Credentials are the basis for reporting and decision support. At the same time, the transition of enterprises to the use of international standards and the transformation of financial reporting are key to ensuring the transparency of financial reporting, attracting other partners to cooperation and investors, and supporting international organizations. The aim of the article is to determine the features of the organization and methods of transformation of financial statements of small businesses into reporting according to international standards, finding ways to improve them. During the study, the methodological basis of general and special methods of cognition: analysis, synthesis, induction, grouping, comparison, abstraction, generalization, and system approach are used. Methods of transformation and conversion of financial statements during the transition of enterprises to international financial reporting standards, their advantages and disadvantages are analyzed. The organizational and methodological aspects of the transformation of financial reporting are described, taking into account the peculiarities of accounting and reporting at small businesses in Ukraine under martial law. The conceptual principles of transformation and the types of differences that arise during the transformation and affect the reflection of the information in the reporting prepared according to international standards are established. Conclusions: transformation of financial statements into IFRS reporting is defined as the process of transition to accounting and preparation of financial statements in accordance with international standards with adjustments to current accounting policies and accounting information, regrouping of indicators prepared in accordance with national standards (including for small businesses) 1 or 25) in accordance with the requirements of IFRS for SMEs or the full package of IFRS on the date of such transition. Transformation of financial statements requires adjustments and taking into account differences that may affect the financial performance and evaluation of companies in martial law.

 Наукова періодика України 

---

Додаткова інформація про автора(ів) публікації:
(cписок формується автоматично, до списку можуть бути включені персоналії з подібними іменами або однофамільці)

• Фоміна Олена Володимирівна (економічні науки)
• Семенова Світлана Миколаївна (економічні науки)

  Якщо, ви не знайшли інформацію про автора(ів) публікації, маєте бажання виправити або відобразити більш докладну інформацію про науковців України запрошуємо заповнити "Анкету науковця"