Pekdemir, Recep and Turel, Aslı (2007): IFRS 2005 in Turkey; Can We See the Evidences on the Financial Reports of the Companies Listed? Published in: Accounting and Management Information Systems Journal No. 20 (2007): pp. 53-77.
Download (137Kb) | Preview
The Turkish economy has been emerging one during the last decades. So, has been the Turkish Capital Market. This study focuses on the IFRS applications in 2005 in Turkey. Particularly has dealt with the following research questions: First, what has been the position statement of the goodwill and the deferred taxes on the financial statements investigated? Second, what has been the importance of the amounts of the goodwill and the deferred taxes on financial statements investigated? In order to find out the reasonable answers to the questions above, the financial reports IFRS applied of the top 100 companies listed on the Istanbul Stock Exchange have been analyzed. Data available on the web pages were obtained from financial reports of those. The empirical research was conducted through a statistical software package. The financial statements as of December 31, 2003, 2004, and 2005 have been covered by the study. The results have shown the impacts of the items covered in the study on the financial positions of the companies investigated.
|Item Type:||MPRA Paper|
|Original Title:||IFRS 2005 in Turkey; Can We See the Evidences on the Financial Reports of the Companies Listed?|
|Keywords:||IFRS, Emerging Economies, Goodwill, Deferred Taxes|
|Subjects:||M - Business Administration and Business Economics; Marketing; Accounting > M4 - Accounting and Auditing > M41 - Accounting
M - Business Administration and Business Economics; Marketing; Accounting > M4 - Accounting and Auditing
|Depositing User:||ASLI TUREL|
|Date Deposited:||04. Apr 2011 19:55|
|Last Modified:||18. Feb 2013 21:22|
Birch, Michael. “IFRS 2005: Can We See The Benefits?” presented at the 17th World Congress of Accountants on November 13-16, 2006
Casabona, P., & Shoaf, V. “International Financial Reporting Standards: Significance, Acceptance, And New Developments,” Review of Business 23 (Winter), 2002.
Commission of the European Communities (EC), “Implementing the Framework for Financial Markets. Action Plan,” Commission Communication of 11 May 1999, COM (1999) 232, Final, 1999
Deloitte, IAS Plus International, 2007
Gornik-Tomaszewski, Sylwia. “Antecedents and Expected Outcomes of the New Accounting Regulation in the European Union,” Research in Accounting Regulation, Volume 18, 2005
IASB International Financial Reporting Standards Board, International Financial Reporting Standards (IFRSs), 2004
IASB International Financial Reporting Standards Board, News Release 10/29/02
Kung, Felicia H. “Rationalization of Regulatory Internationalization,” The Law and Policy in International Business, Spring 2002.
Mazars, IFRS 2005 European Survey, April 2005
PriceWaterhouseCoopers, Europe and International Financial Reporting Standards Your Questions Answered, 2002
Sundararajan, Venkatesan. “Accounting for Goodwill,” 1995, http://home.att.net/~s-prasad/GW.htm
White, Lee. “IFRS 2005: Can We See The Benefits?” presented at the 17th World Congress of Accountants on November 13-16, 2006