The financial reporting framework in a developing world: opportunities and challenges of IFRS Adoption in Kazakhstan

This research examines the IFRS adoption in developing economy based on the case of Kazakhstan. Kazakhstan makes it an interesting case to study IFRS implementation in a local institutional environment which contrasts from the western framework and other emerging fields and it is the one of the first countries started to adopt IFRS in the former Soviet Union. This thesis aims to deepen understanding of financial reporting in a developing country, therefore, it seeks to contribute to the growing body of international accounting research by examining the case of a developing economy from an institutional perspective