IDEAS home Printed from https://ideas.repec.org/a/ami/journl/v13y2014i2p373-399.html
   My bibliography  Save this article

IFRS implementation and studies in Turkey

Author

Listed:
  • Cagnur Kaytmaz Balsari
  • Secil Varan

    (Dokuz Eylul University, Izmir, Turkey)

Abstract

The development of accounting system and practices in a country is a reflection of its economic development as well as legislative process. Turkey has not been an exception. Its economic development has led the accounting practices to change from tax and state oriented towards international harmonization. The purpose of this article is to provide an overview of IFRS (International Financial Reporting Standards) application in Turkey and an extensive review of IFRS related local literature gathered from major accounting, finance and business journals published in Turkey in 2005-2014 period. The local literature is expected to complement and provide insight to international literature on IFRS applications in Turkey. The findings suggest that local academic literature has been focused on application issues related to IFRS. Empirical literature findings suggest convergence problems in the application of IFRS which calls for better training and public oversight. Capital markets research findings show positive impact of IFRS adoption. Additionally, IFRS for SMEs, technical issues such as fair value measurements and convergence of tax and IFRS reporting are the important topics of discussion in local literature.

Suggested Citation

  • Cagnur Kaytmaz Balsari & Secil Varan, 2014. "IFRS implementation and studies in Turkey," Journal of Accounting and Management Information Systems, Faculty of Accounting and Management Information Systems, The Bucharest University of Economic Studies, vol. 13(2), pages 373-399, June.
    • Handle: RePEc:ami:journl:v:13:y:2014:i:2:p:373-399
    as

    Download full text from publisher

    File URL: http://online-cig.ase.ro/RePEc/ami/articles/13_2_8.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Ece ERDENER ACAR & Serdar ÖZKAN & Yasemin ZENGİN KARAİBRAHİMOĞLU, 2013. "Accounting conservatism in the post-IFRS period: Do provisions matter?," Iktisat Isletme ve Finans, Bilgesel Yayincilik, vol. 28(324), pages 109-130.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Hülya Cengiz & Alan Combs & Martin Samy, 2017. "An Analysis of how Financial Ratios of Companies in Turkey Are Affected by National Standards, and IFRS," International Business Research, Canadian Center of Science and Education, vol. 10(12), pages 183-190, December.
    2. Nadia Sbei Trabelsi & Mohamed Trabelsi, 2014. "The Value Relevance of IFRS in the UAE Banking Industry: Empirical Evidence from Dubai Financial Market, 2008-2013," International Journal of Academic Research in Accounting, Finance and Management Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Accounting, Finance and Management Sciences, vol. 4(4), pages 60-71, October.
    3. Mohammad K. Shbeilat & Mohammad N. AL Harasees, 2018. "Do Listed Companies Need an IFRS Committee Beside Audit Committee?," International Journal of Academic Research in Accounting, Finance and Management Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Accounting, Finance and Management Sciences, vol. 8(2), pages 8-18, April.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.

      More about this item

      Keywords

      IFRS studies; Turkey; accounting developments;
      All these keywords.

      JEL classification:

      • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting

      Statistics

      Access and download statistics

      Corrections

      All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ami:journl:v:13:y:2014:i:2:p:373-399. See general information about how to correct material in RePEc.

      If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

      If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

      If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

      For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Cristina Tartavulea (email available below). General contact details of provider: .

      Please note that corrections may take a couple of weeks to filter through the various RePEc services.

      IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.