DIGITALIZATION OF ACCOUNTING IN KYRGYZSTAN IN THE CONTEXT OF DIGITALIZATION AND IMPLEMENTATION OF ARTIFICIAL INTELLIGENCE: NEW OPPORTUNITIES FOR SUSTAINABLE DEVELOPMENT

Abstract

This article examines the role of digitalization in accounting in Kyrgyzstan, focusing on the country's unique characteristics as a transition economy. It analyzes current trends in digital technology adoption, their impact on accounting standards, and the potential for development. Based on a literature review and empirical data, it discusses challenges, such as the low level of digitalization, and benefits, including increased transparency and integration with international standards. The article highlights the need to harmonize local practices with IFRS and the role of digitalization in economic growth. Key findings: Digitalization facilitates accounting modernization, but requires investment and educational reforms.