The book "Transformation of financial statements according to international financial reporting standards", created by the team of authors, is an important and relevant work that will be of interest to both professional accountants and students studying financial disciplines. In the context of globalization and market integration, an understanding of international financial reporting standards (IFRS) becomes not just desirable, but necessary for the successful operation of organizations in different countries. In this publication, the authors consider in detail the process of transition to IFRS, highlighting the key aspects that need to be taken into account when transforming financial statements. The book covers a wide range of topics: from the basics of international standards to practical recommendations for their implementation in accounting practice. The reader will be able to learn how to properly adapt the financial statements of the company to meet international requirements, as well as what advantages this can give in a competitive market. This book will be especially useful for CFOs, accountants, auditors and consultants working in the field of finance and accounting. Students and faculty of economics will also find in it valuable materials for study and analysis. Due to its accessible language and clear presentation structure, the book is suitable for a wide audience, including those who are just beginning to get acquainted with IFRS. The topics raised in the book cover not only the technical aspects of financial reporting, but also strategic issues related to management and decision-making. The authors emphasize the importance of transparency and reliability of financial data, which in turn contributes to increased confidence on the part of investors and partners. In an uncertain economic environment, knowledge of IFRS is becoming an important competitive advantage for companies seeking international expansion. The style of the authors is clear and logical, which makes it easy to assimilate complex concepts and apply them in practice. The book is filled with examples from real practice, which makes it not only a theoretical manual, but also a practical guide for everyone who seeks to improve their knowledge in the field of financial accounting. In addition, the team of authors includes experts in the field of accounting and finance, which gives the book additional value. Their experience and knowledge allow readers to get up-to-date information about the latest trends in IFRS and their impact on the financial statements of companies . If you are looking for books on the topic of financial accounting, such as "International Financial Reporting Standards for Beginners" or "Financial Reporting: from A to Z”, the “Transformation of financial statements according to international financial reporting standards” will be an excellent addition to your library. This book will not only expand your knowledge, but also help you confidently navigate the world of international standards, which will certainly increase your professional value. Thus, Transformation of Financial Reporting according to International Financial Reporting Standards is not just a book, but a key to understanding the complex but fascinating world of financial accounting. It inspires new achievements and opens the doors to international practice, which makes it an indispensable tool for all who strive for success in their professional activities.