A STUDY ON THE IMPACT OF FINANCIAL REPORTING STANDARDS ON THE ACCOUNTING QUALITY

Year 2020, , 1 - 23, 01.03.2020

Eda Köse , İsmail Bekci , Emin Hüseyin Çetenak

https://doi.org/10.29067/muvu.552024

Cited By: 3

Abstract

The
objective of this study is to analyze the impacts of obligatory or voluntary
TFRS/IFRS implementations on the accounting quality of companies. For this
purpose, in this study, discretionary accruals of 5435 listed companies from 26
countries were compared by the before and after IFRS implication start date. In
order to obtain discretionary accruals we used Modified Jones Model. According
to the research findings, implementation of TFRS influenced the quality of
accounting positively in Turkey, where the implementation of TFRS is
obligatory. As per the assessments conducted for the EU countries, it was
determined that the IFRS implementations had a positive impact on the
accounting quality in Germany, France, Italy, and Poland, where the
implementation is obligatory, and in Britain and Sweden, where the
implementation is voluntary. On the other hand, according to the analysis
conducted for the developed countries, the IFRS implementations influenced the
quality of accounting in a positive manner in the enterprises of countries such
as South Korea, where the implementation is obligatory. It was determined that
the implementation of IFRS had a positive impact on the quality of accounting
only in Argentina, Philippines and South Africa among the developing countries.
Lastly, it was reported that this research study had some constraints and
certain suggestions were made for further studies.. 

Keywords

TFRS, IFRS, Accounting Quality, Discretionary Accruals

FİNANSAL RAPORLAMA STANDARTLARININ MUHASEBE KALİTESİNE ETKİSİ ÜZERİNE BİR ARAŞTIRMA

Abstract

Bu
araştırmanın amacı, Türkiye’de ve Dünya’da TFRS/IFRS’yi zorunlu ve gönüllü
uygulayan işletmelerde TFRS/IFRS uygulamalarının muhasebe kalitesi üzerindeki
etkisini analiz etmektir. Araştırmada, TFRS/IFRS’nin uygulamaya başlamadan önce
(2000-2004) ve sonra (2005-2014) Türkiye ve 25 farklı ülkede listelenmiş 5.435
işletmenin isteğe bağlı tahakkukları karşılaştırılmıştır. Araştırmada isteğe
bağlı tahakkukların hesaplanmasında Düzeltilmiş Jones Model’inden
faydalanılmıştır. Araştırma bulgularına göre; TFRS’yi zorunlu olarak uygulayan
Türkiye’de faaliyet gösteren işletmelerin TFRS uygulamalarının, muhasebe
kalitesini pozitif yönde etkilediği tespit edilmiştir. AB ülkeleri kapsamında
yapılan değerlendirmelerde ise IFRS’yi zorunlu olarak uygulayan Fransa, İtalya,
Polonya ve gönüllü olarak uygulayan İngiltere ve İsveç’te IFRS uygulamalarının
muhasebe kalitesi üzerinde pozitif etkiye sahip olduğu saptanmıştır. Öte yandan
gelişmiş olan ülkeler açısından yapılan analizde IFRS’yi zorunlu olarak
uygulayan ülkelerden sadece Güney Kore’deki işletmeler açısından IFRS
uygulamalarının muhasebe kalitesini pozitif yönde etkilediği belirlenmiştir.
IFRS’yi gönüllü olarak uygulayan gelişmekte olan ülkelerden sadece
Arjantin’deki işletmeler için IFRS uygulamaları muhasebe kalitesini pozitif
yönde etkilediği tespit edilmiştir. Son olarak, bu araştırmanın bazı kısıtları
olduğu belirtilmiş ve bu konu ile ilgili olarak gelecekte araştırma yapacaklara
bazı öneriler sunulmuştur. 

Keywords

TFRS, IFRS, Muhasebe Kalitesi, İsteğe Bağlı Tahakkuklar

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