A necessity of application of international standards of account (ias) in the conditions of economic integration of Ukraine in EU
The paper presents the essence of international accounting standards and the role of
unification of international accounting standards in domestic. Based on the study and synthesis
of the literature identified the need for adaptation of national accounting standards with
market needs, and defined by the need for harmonization of terminology and principles of
accounting in an international context. Determined the major differences between
International Financial Reporting Standards and the provisions of Accounting Standards.