Prospective Technologies for the Transition to International Financial Reporting Standards Improving the Mechanism of Attracting Financial Resources from the Capital Market

Abstract

This article describes the issues of improving the mechanism of prospective technologies for the transition to international financial reporting standards improving the mechanism of attracting financial resources from the capital market. Also, the improvement of the international capital market requires individual countries to develop the financial market and its main segments accordingly. In the practice of foreign countries, the corporate sector is one of the main sources of state budget revenue formation, providing employment to the population and developing the country's economy. In addition, scientific approaches to finance, financial management and capital market, its structure and characteristics are widely studied and analyzed. In addition, the financial infrastructure of the capital market and the institutional and organizational structure of attracting financial resources from the capital market to the corporate sector are scientifically based. The following main conclusions were formed as a result of scientific research on improving the mechanism of attracting financial resources from the capital market in the context of the transformation of the digital economy.