The national system of accounting and financial reporting will be brought into compliance with the current international standards. To this end, during 2018 it is planned to conduct preparatory activities, including the development of guidelines, the introduction of software and organization of seminars with the participation of experts from leading financial institutions. The use of international financial reporting standards is an important component when entering foreign markets, which is especially important in the context of Turkmenistan's active integration into the world economic relations system.