IMPLEMENTATION OF INTERNATIONAL FINANCIAL REPORTING STANDARDS IN THE BANKING SECTOR OF UZBEKISTAN: PROGRESS, EMPIRICAL EVIDENCE, AND IMPLEMENTATION CHALLENGES

Authors

  • Yusupov Sherzodbek Bakhtiyor ugli Author
  • Jumaniyazov Nodirbek Odilbek ugli Author
  • Qadirbayev Begaris Islom ugli Author
  • Gulimmatov Diyorbek Muzaffar ugli Author

Keywords:

Keywords: IFRS adoption; commercial banks; Uzbekistan; IFRS 9; expected credit loss; financial reporting harmonization; transition economies; banking sector.

Abstract

This study investigates the institutional, regulatory, and technical dimensions of the transition to International Financial Reporting Standards (IFRS) in the commercial banking sector of the Republic of Uzbekistan, following the mandatory adoption requirement introduced by Presidential Resolution No. PP-4611 of 24 February 2020. The research evaluates progress made, identifies persistent implementation challenges, and assesses the empirical impact of IFRS adoption on banking-sector financial reporting.

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Published

2026-04-28

Issue

Vol. 31 No. 1 (2026): Yangi O'zbekiston taraqqiyotida tadqiqotlarni o'rni va rivojlanish omillari

Section

Articles