@article{article_298702, title={REIMBURSMENT CONSEPT AND REPORTING OF REIMBURSMENT ASSETS IN INSURANCE COMPANIES IN THE CONTEXT OF IAS 37}, journal={Journal of Accounting and Taxation Studies}, volume={10}, pages={55–68}, year={2017}, DOI={10.29067/muvu.298702}, author={Karabınar, Selahattin and Demirci, Şuayyip Doğuş}, keywords={Insurance Companies,Accounting,International Accounting Standards}, abstract={ Insurance companies have been preparing their financial statements in accordance to IFRS since 2008. Companies are implementing most of IFRS with some exceptions (IAS 1 Presentation of Financial Statements, IFRS 4: Insurance Contracts Standard). In this study, how insurance companies which are obligated to apply IAS 37: Provisions, Contingent, Liabilities and Assets to report how the current situation in the reinsurance assets and how it should be reported according to IAS 37 were examined. The significant difference is explained through the financial statements of an insurance company. As a result of the study, non-implementation of IAS 1 standard has resulted as violation of the ban on offsetting and it is understood that insurance companies underreport their debts and receivables. }, number={1}, publisher={Ankara Serbest Muhasebeci Mali Müşavirler Odası}