Transformation of Ukrainian financial statements according to international standards
. Financial reporting is the first, very important and mandatory step on the way to transition to 
IFRS. This is due to the fact that even when moving to parallel accounting according to
IFRS, it is necessary to transform the reporting at least once to obtain the initial trial balance and forms of financial statements provided for by international standards.

During the transformation, where necessary, corrective entries are also made, which allow the elimination of the identified differences between IFRS and the current Ukrainian accounting system.