Research Article
BibTex RIS Cite

ULUSLARARASI MUHASEBE/FİNANSAL RAPORLAMA STANDARTLARININ KOŞULLU VE KOŞULSUZ İHTİYATLILIK UYGULAMALARI AÇISINDAN DEĞERLENDİRİLMESİ: FİNANSAL TABLOLARIN İHTİYATLILIĞI ÜZERİNDEKİ ETKİSİNE İLİŞKİN BİR LİTERATÜR ARAŞTIRMASI

Year 2018, Volume: 20 - Special Issue of MODAV 15. International Conference on Accounting, 150 - 172, 27.12.2018

Abstract

Çalışmanın amacı, Uluslararası Muhasebe/Finansal Raporlama Standartları (IAS/IFRS) kapsamında koşullu ve koşulsuz ihtiyatlılık uygulamalarının tespit edilmesi ve IAS/IFRS’lerin ihtiyatlılığı azaltıp azaltmadığının belirlenmesidir. IAS/IFRS’lerde her iki ihtiyatlılık uygulamalarına yer verilmekle birlikte koşullu ihtiyatlılık uygulamalarının yer aldığı standartların sayıca daha fazla olduğu tespit edilmiştir. Literatürde IAS/IFRS’lerin koşullu ihtiyatlılığı arttırdığı sonucuna ulaşılan çalışmaların yanı sıra her iki tür ihtiyatlılığı da azalttığı yönünde bulguları olan çalışmaların da mevcut olduğu tespit edilmiştir. İhtiyatlılık üzerinde sadece IAS/IFRS’lerin etkili olmadığı, şirkete, sektöre ve faaliyet gösterilen piyasaya özgü koşulların da etkisi olduğu söylenebilir.

References

  • André, P. ve A. Filip. 2015. “A(nother) Look at Prudence/Conservatism in Frameworks, In Standards, In Practice and In Academia”, ESSEC Business School. www.anc.gouv.fr (Erişim Tarihi:10.06.2018).
  • André, P., A. Filip ve L. Paugam. 2015. “The Effect of Mandatory IFRS Adoption on Conditional Conservatism in Europe”, Jornal of Business Finance & Accounting, 42 (3) & (4).
  • Ball, R., S.P. Kothari ve A. Robin. 2000. “The Effect of Institutional Factors on Properties of Accounting Earnings”, Journal of Accounting and Economics, 29 (1).
  • Basu, S. 1997. “The Conservatism Principle and Asymmetric Timeliness of Earnings”, Journal of Accounting and Economics, 24.
  • Beaver, W.H. ve S.G. Ryan. 2005. “Conditional and Unconditional Conservatism: Concept and Modelling”, Review of Accounting Studies, 10.
  • Christensen, H.B. ve V.V. Nikolaev. 2013. “Does Fair Value Accounting for Non-Financial Assets Pass the Market Test?”, Review of Accounting Studies, 18 (3).
  • Deloitte. 2018. IFRS in Focus: IASB Issues a Revised Conceptual Framework. https://www.iasplus.com/en/publications/global/ifrs-in-focus/2018/cf (Erişim Tarihi:14.06.18).
  • FASB. 2006. Preliminary Views on an Improved Conceptual Framework for Financial Reporting: The Objective of Financial Reporting and Qualitative Characteristics of Decision-Useful Financial Reporting Information. Discussion Paper, July 2006, Connecticut, USA.
  • Feltham, G. ve J. Ohlson. 1995. “Valuation and Clear Surplus Accounting for Operating and Financing Activities”, Contemporary Accounting Research, 11 (2).
  • Givoly, D. ve C. Hayn. 2000. “The Changing Time-Series Properties of Earnings, Cash Flows and Accruals: Has Financial Reporting Become More Conservative?”, Journal of Accounting and Economics, 29.
  • Hellman, N. 2008. “Accounting Conservatism under IFRS”, Accounting in Europe, 5 (2).
  • IASB. 2008. Exposure Draft: An Improved Conceptual Framework for Financial Reporting, http://www.assb.gov.sg/docs/attachments/ EDofChapters1and2theJointImprovedConceptualFramework.pdf (Erişim Tarihi:13.06.2018)
  • IASB. 2010. Conceptual Framework for Financial Reporting (the IFRS Framework), https://dart.deloitte.com/USDART/resource/7036afd8-3f7e-11e6-95db-2d5b01548a21 (ErişimTarihi: 15.06.2018)
  • IASB. 2018a. Conceptual Framework Project Summary. https://www.ifrs.org/-/media/project/conceptual-framework/fact-sheet-project-summary-and-feedback-statement/conceptualframework-project-summary.pdf (Erişim Tarihi: 15.06.2018)
  • IASB. 2018b. Conceptual Framework Feedback Statement. https://www.ifrs.org/-/media/project/conceptual-framework/fact-sheet-project-summary-and-feedback-statement/conceptual-framework-feedback-statement.pdf (Erişim Tarihi: 15.06.2018)
  • IASC. 1989. Framework for the Preparation and Presentation of Financial Statements, http://www.actuaries.org/CTTEES_INSACC/Documents/Rio_Item_7c_Rio_Discussion.pdf (Erişim Tarihi: 14.06.2018).
  • Kaytmaz Balsarı, C., S. Özkan ve G. Durak. 2010. “Earnings Conservatism In Pre - And Post- IFRS Periods In Turkey: Panel Data Evidence On The Fırm Specific Factors”, Accounting and Management Information Systems, 9 (3).
  • LaFond, R. ve R.L. Watts. 2008. “The Information Role of Conservatism”, The Accounting Review, 83 (2).
  • Lawrence, A., R. Sloan ve Y. Sun. 2013. “Non-discretionary Conservatism”. The Accounting Review, 83 (2): 447-478.
  • Mora, A. ve M. Walker. 2015. “The Implication of Research on Accounting Conservatism for Accounting Standard Setting”, Accounting and Business Research, 45 (5).
  • Özkan, S., Y. Karaibrahimoğlu ve E.E. Acar. 2013. “Accounting Conservatism in the Post-IFRS Period: Do Provision Matter?”, İktisat İşletme ve Finans, 28 (324).
  • Pope, P.F. ve M. Walker. 2003. “Ex-ante and Ex-post Accounting Conservatism, Asset Recognition and Asymmetric Earning Timeliness”, Lanchester University and University of Manchester Working Paper.
  • Ruch, G.W. ve G. Taylor. 2015. “Accounting Conservatism: A Review of Literature”, Journal of Accounting Literature, 34.
  • Sevilengül, O. 2010. Genel Muhasebe, 16. Baskı, Gazi Kitabevi, Ankara.
  • Zeghal, D. ve Z. Lahmar. 2016. “The Impact of IFRS Adoption on Accounting Conservatism in the European Union”, International Journal of Accounting and Financial Reporting, 6 (1).

EVALUATION OF INTERNATIONAL ACCOUNTING/FINANCIAL REPORTING STANDARDS FROM THE POINT OF CONDITIONAL AND UNCONDITIONAL CONSERVATISM: A LITERATURE RESEARCH CONCERNING THE EFFECTS ON THE FINANCIAL STATEMENTS

Year 2018, Volume: 20 - Special Issue of MODAV 15. International Conference on Accounting, 150 - 172, 27.12.2018

Abstract

The aim of the study is to determine the application of conditional and unconditional conservatism within the scope of International Accounting/Financial Reporting Standards (IAS/IFRS) and whether IAS/IFRS decreases conservatism. While IAS/IFRS include both types of conservatism applications, it is determined that the number of standards that include conditional conservatism application is higher. In the literature, the findings of some studies are that IAS/IFRS increase the conditional conservatism and in some other studies it is concluded that IAS/IFRS reduce both types of conservatism. This indicates that conservatism is not only affected by IAS /IFRS applications, but also by market-specific, sector-specific and market-specific conditions.

References

  • André, P. ve A. Filip. 2015. “A(nother) Look at Prudence/Conservatism in Frameworks, In Standards, In Practice and In Academia”, ESSEC Business School. www.anc.gouv.fr (Erişim Tarihi:10.06.2018).
  • André, P., A. Filip ve L. Paugam. 2015. “The Effect of Mandatory IFRS Adoption on Conditional Conservatism in Europe”, Jornal of Business Finance & Accounting, 42 (3) & (4).
  • Ball, R., S.P. Kothari ve A. Robin. 2000. “The Effect of Institutional Factors on Properties of Accounting Earnings”, Journal of Accounting and Economics, 29 (1).
  • Basu, S. 1997. “The Conservatism Principle and Asymmetric Timeliness of Earnings”, Journal of Accounting and Economics, 24.
  • Beaver, W.H. ve S.G. Ryan. 2005. “Conditional and Unconditional Conservatism: Concept and Modelling”, Review of Accounting Studies, 10.
  • Christensen, H.B. ve V.V. Nikolaev. 2013. “Does Fair Value Accounting for Non-Financial Assets Pass the Market Test?”, Review of Accounting Studies, 18 (3).
  • Deloitte. 2018. IFRS in Focus: IASB Issues a Revised Conceptual Framework. https://www.iasplus.com/en/publications/global/ifrs-in-focus/2018/cf (Erişim Tarihi:14.06.18).
  • FASB. 2006. Preliminary Views on an Improved Conceptual Framework for Financial Reporting: The Objective of Financial Reporting and Qualitative Characteristics of Decision-Useful Financial Reporting Information. Discussion Paper, July 2006, Connecticut, USA.
  • Feltham, G. ve J. Ohlson. 1995. “Valuation and Clear Surplus Accounting for Operating and Financing Activities”, Contemporary Accounting Research, 11 (2).
  • Givoly, D. ve C. Hayn. 2000. “The Changing Time-Series Properties of Earnings, Cash Flows and Accruals: Has Financial Reporting Become More Conservative?”, Journal of Accounting and Economics, 29.
  • Hellman, N. 2008. “Accounting Conservatism under IFRS”, Accounting in Europe, 5 (2).
  • IASB. 2008. Exposure Draft: An Improved Conceptual Framework for Financial Reporting, http://www.assb.gov.sg/docs/attachments/ EDofChapters1and2theJointImprovedConceptualFramework.pdf (Erişim Tarihi:13.06.2018)
  • IASB. 2010. Conceptual Framework for Financial Reporting (the IFRS Framework), https://dart.deloitte.com/USDART/resource/7036afd8-3f7e-11e6-95db-2d5b01548a21 (ErişimTarihi: 15.06.2018)
  • IASB. 2018a. Conceptual Framework Project Summary. https://www.ifrs.org/-/media/project/conceptual-framework/fact-sheet-project-summary-and-feedback-statement/conceptualframework-project-summary.pdf (Erişim Tarihi: 15.06.2018)
  • IASB. 2018b. Conceptual Framework Feedback Statement. https://www.ifrs.org/-/media/project/conceptual-framework/fact-sheet-project-summary-and-feedback-statement/conceptual-framework-feedback-statement.pdf (Erişim Tarihi: 15.06.2018)
  • IASC. 1989. Framework for the Preparation and Presentation of Financial Statements, http://www.actuaries.org/CTTEES_INSACC/Documents/Rio_Item_7c_Rio_Discussion.pdf (Erişim Tarihi: 14.06.2018).
  • Kaytmaz Balsarı, C., S. Özkan ve G. Durak. 2010. “Earnings Conservatism In Pre - And Post- IFRS Periods In Turkey: Panel Data Evidence On The Fırm Specific Factors”, Accounting and Management Information Systems, 9 (3).
  • LaFond, R. ve R.L. Watts. 2008. “The Information Role of Conservatism”, The Accounting Review, 83 (2).
  • Lawrence, A., R. Sloan ve Y. Sun. 2013. “Non-discretionary Conservatism”. The Accounting Review, 83 (2): 447-478.
  • Mora, A. ve M. Walker. 2015. “The Implication of Research on Accounting Conservatism for Accounting Standard Setting”, Accounting and Business Research, 45 (5).
  • Özkan, S., Y. Karaibrahimoğlu ve E.E. Acar. 2013. “Accounting Conservatism in the Post-IFRS Period: Do Provision Matter?”, İktisat İşletme ve Finans, 28 (324).
  • Pope, P.F. ve M. Walker. 2003. “Ex-ante and Ex-post Accounting Conservatism, Asset Recognition and Asymmetric Earning Timeliness”, Lanchester University and University of Manchester Working Paper.
  • Ruch, G.W. ve G. Taylor. 2015. “Accounting Conservatism: A Review of Literature”, Journal of Accounting Literature, 34.
  • Sevilengül, O. 2010. Genel Muhasebe, 16. Baskı, Gazi Kitabevi, Ankara.
  • Zeghal, D. ve Z. Lahmar. 2016. “The Impact of IFRS Adoption on Accounting Conservatism in the European Union”, International Journal of Accounting and Financial Reporting, 6 (1).
There are 25 citations in total.

Details

Primary Language Turkish
Journal Section MAIN SECTION
Authors

Gizem Çopur Vardar

Publication Date December 27, 2018
Submission Date June 24, 2018
Published in Issue Year 2018 Volume: 20 - Special Issue of MODAV 15. International Conference on Accounting

Cite

APA Çopur Vardar, G. (2018). ULUSLARARASI MUHASEBE/FİNANSAL RAPORLAMA STANDARTLARININ KOŞULLU VE KOŞULSUZ İHTİYATLILIK UYGULAMALARI AÇISINDAN DEĞERLENDİRİLMESİ: FİNANSAL TABLOLARIN İHTİYATLILIĞI ÜZERİNDEKİ ETKİSİNE İLİŞKİN BİR LİTERATÜR ARAŞTIRMASI. Muhasebe Bilim Dünyası Dergisi, 20, 150-172.