The implementation of Accounting Standards, a necessity of global financial reporting and accounting standards for businesses.

Abstract

Historically, financial reporting standards have been developed individually by each state. Sometimes standards are set by governments, and in some cases even by the accounting professionals or independent accounting boards.

This scientific research fills a scientific, theoretical or practical gap, in removing the dilemas regarding pro or against the implementation of IAS / IFRS. This research has been conducted by comparing KAS, laws and regulations of various countries as well as disputes and problems without solutions in the field of accounting, with IAS / IFRS

 Keywords: KAS, IAS, IFRS, alignment, interpretation, approval, implementation.