Accounting in the Kyrgyz Republic based on IFRS: problems of implementation and ways of their resolution

The article is devoted to the establishment and development of accounting in the Kyrgyz Republic in accordance with the International Financial Reporting Standard (IFRS). The topic of the article is relevant in that the problem of implementing an accounting system consists, first of all, in the lack of the phenomenon of stability of the accounting system in domestic business practice, as well as in the non-adaptation of many Western accounting methods developed in a stable developed economy to a transforming economy. The authors proposed ways out of this situation.