EFFECTS OF DEPRECIATION METHODS ON PERFORMANCE MEASUREMENT METHODS: A CASE OF ENERGY SECTOR

Yıl 2016, Cilt: 3 Sayı: 4, 330 - 344, 31.12.2016

Huseyin Mert Sema Erkiran Demir

https://doi.org/10.17261/Pressacademia.2016.347

Öz

The companies amortize according to
the tax laws and accounting standards for their assets recorded in their
actives.  The amounts calculated
according to the useful life based on the standards and tax regulations and
depreciation rates connected with it are ascertained and recognized as an
expense pursuant to periodicity concept. Since the amounts recognized as an
expense directly affects the profit and loss, it is important for the companies
to calculate the useful life of their fixed assets and to determine and
implement the proper method. Besides, current performance measurement methods
confront us with different approaches and the methods being used enhances the
success, value of the companies while being a guide. In this research, the
effects on performance measurement methods of current depreciation procedures
according to accounting standards has been analyzed and the issue has been
tried to assessed by taking the energy industry into consideration. Within this
scope, the performances in 2014-2015 of energy companies active in Istanbul
Stock Exchange are examined based on Economical Added Value (EVA) and Cash Flow
Return on Investment (CFROI) models and it was determined whether or not the
companies has created value. 

Anahtar Kelimeler

Depreciation, TMS Depreciation, performance measurement methods

Kaynakça

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