Implementing IAS 2 in Pharmaceutical Enterprises: Challenges and Benefits

Abstract

This article evaluates the challenges and benefits of implementing IAS 2 in pharmaceutical enterprises in Uzbekistan and provides recommendations based on existing literature. Through a mixed-methods research design, data was collected from a sample of pharmaceutical enterprises in Uzbekistan and analyzed using both quantitative and qualitative methods. The results revealed several challenges faced by these enterprises in implementing IAS 2, including a lack of knowledge and expertise, inadequate information systems, and cultural resistance to change. However, the implementation of IAS 2 was found to provide significant benefits, such as improved inventory accuracy and better decision-making. Based on the findings, the article recommends several strategies for successfully implementing IAS 2 in pharmaceutical enterprises in Uzbekistan. These include providing training and education to employees, improving information systems, and promoting a culture of transparency and accountability. This study provides valuable insights for policymakers and practitioners in Uzbekistan on the importance of inventory management and the benefits of implementing IAS 2 in pharmaceutical enterprises.