Araştırma Makalesi
BibTex RIS Kaynak Göster

TMS 1 FİNANSAL TABLOLARIN SUNULUŞU STANDARDINA UYUM DERECELERİNİN BORSA ISTANBUL (BİST)’DA İNCELENMESİ

Yıl 2022, Cilt: 22 Sayı: 67, 279 - 295, 06.09.2022
https://doi.org/10.55322/mdbakis.1073077

Öz

Bu çalışmanın amacı, TMS 1 Finansal Tabloların Sunuluşu Standardı kapsamında enerji, turizm ve bilişim sektörlerinde yer alan belirli şirketlerin düzenledikleri finansal tabloların açıklamalarının TMS 1’e uyumunu pozitif muhasebe teorilerini de dikkate alarak ölçmektir. Bu çalışma kapsamında, Borsa Istanbul (BİST)’da işlem gören 39 şirket sektörel bazda incelemeye dahil edilmiş ve söz konusu şirketlerin 2019 yılı yıllık finansal raporları dikkate alınmıştır. Açıklamalardan türetilen endeks verileriyle, açıklama belirleyicileri olarak belirlenen kârlılık, kaldıraç, likidite oranları ve şirket büyüklüğü arasındaki ilişki korelasyon analiziyle gerçekleştirilmiştir. Gerçekleştirilen analiz neticesinde, TMS 1 standardının açıklama gerekliliklerine uyumda; enerji ve turizm sektörlerinde incelenen şirketlerin, her bir sektör için TMS 1’e ortalama uyum oranının yüzde 98, bilişim sektöründe incelenen şirketlerin ise ortalama uyum oranının yüzde 97 olduğu tespit edilmiştir. Enerji sektöründe, kaldıraç ve şirket büyüklüğü ile TMS 1’e uyum arasında, bilişim sektöründe ise kârlılıkla TMS 1’e uyum arasında pozitif ilişki tespit edilmiştir.

Kaynakça

  • Ahmed, K., ve Courtis, J. (1999). Associations Between Corporate Characteristics and Disclosure Levels in Annual Reports: A Meta-Analysis. British Accounting Review(31), 35-61.
  • Ahmed, K., ve Nicholls, D. (1994). The Impact of Non-financial Company Characteristics on Mandatory Compliance in Developing Countries: The Case of Bangladesh. The International Journal of Accounting, 29(1), 60-77.
  • Ajili, H., ve Bouri, A. (2018). Assessing The Moderating Effect of Shariah Board on The Relationship Between Financial Performance and Accounting Disclosure. Managerial Finance, 44(5), 570-589.
  • Alhaddad, M., ve Ay, M. (2019). Borsa İstanbuldaki Türk İmalat Sanayi Firmalarinin Uluslararasi Muhasebe Standartlarina Uyumu. International Social Sciences Studies Journal, 5(38), 3438-3449.
  • Ali, M., Ahmed, K., ve Henry, D. (2004). Disclosure Compliance with National Accounting Standards by Listed Companies in South Asia. Accounting and Business Research, 34(3), 183-199.
  • Alnaas, A., ve Rashid, A. (2019). Firm Characteristics and Compliance with IAS/IFRS Evidence from North African Companies. Journal of Financial Reporting and Accounting, 17(3), 383-410.
  • Alrawahi, F., ve Sarea, A. (2016). An Investigation of the level of Compliance with International Accounting Standards (IAS 1) by Listed firms in Bahrain Bourse. International Journal of Islamic and Middle Eastern Finance and Management, 9(2), 254-276.
  • Alsaeed, K. (2006). The Association Between Firm-Specific Characteristics and Disclosure The case of Saudi Arabia. Institute of Public Administration, 21(5), 476-496.
  • Ansah, S. (1998). The Impact of Corporate Attributes on the Extent of Mandatory Disclosure and Reporting by Listed Companies in Zimbabwe. The International Journal of Accounting, 33(5), 605-631.
  • Ball, R. (2016). IFRS – Ten Years Later. Accounting and Business Research, 46(5), 545-571.
  • Buzby, S. (1975). Company Size, Listed Versus Unlisted Stocks, and the Extent of Financial Disclosure. Journal of Accounting Research. 13(1), 16-37.
  • Bozzolan, S., Trombetta, M., ve Berett, S. (2009). Forward-Looking Disclosures, Financial Verifiability and Analysts' Forecasts: A Study of Cross-Listed European Firms. Taylor ve Francis Journals, 18(3), 435-473.
  • Campbell, D., Shrives, P., ve Saager, H. (2001). Voluntary Disclosure of Mission Statements in Corporate Annual Reports: Signaling What and To Whom? Business and Society Review, 106(1), 65-87.
  • Cooke, T. (1989). Voluntary Corporate Disclosure by Swedish Companies. Journal of International Financial Management and Accounting, 1(2), 171-195.
  • Cooke, T. (1992). The Impact of Size, Stock Market Listing and Industry Type on Disclosure in the Annual Reports of Japanese Listed Corporations. Accounting and Business Research, 22(87), 229-237.
  • Çetinoğlu, T. (2019). TMS 2 Stoklar Standardi Açıklama Gerekli̇li̇kleri̇ni̇n 2016-2017 Yıllarına İli̇şki̇n Uyum Düzeyleri̇ni̇n Karşılaştırılmalı Olarak İncelenmesi̇: Borsa İstanbul’da Bi̇r Uygulama. International Journal of Afro-Eurasian Research (Ijar), 4(7), 144-165.
  • Demir, V., ve Bahadir, O. (2014). An investigation of Compliance with International Financial Reporting Standards by Listed Companies in Turkey. Accounting and Management Information Systems, 13(1), 4-34.
  • Demski, J. (2007). Essays In Accounting Theory In Honour Of Joel S. Demski. Springer Science+Business Media, LLC.
  • Dumontier, P., ve Raffournier, B. ( 1998). Why Firms Comply Voluntarily with IAS: an Empirical Analysis with Swiss Data. Journal of International Financial Management and Accounting, 9(3), 216-245.
  • Ertuna, Ö. (2017). Muhasebe Teori Ve Uygulamalarından Beklentiler 2. Accounting and Financial History Research Journal, 12, 6-28.
  • EY. (2020) Çevirimiçi, 07 Kasım, 2021 https://www.ey.com/tr_tr/news/2020/-turizmin-2019-da-bueyuemeye-katksnn-37-5-milyar-dolara-ulamas-b.
  • Glaum, M., ve Street, D. (2003). Compliance with the Disclosure Requirements of Germany’s New Market: IAS Versus US GAAP. Journal of International Financial Management and Accounting, 14(1), 64-100.
  • Gözüm, M., ve Yücel, G. (2019). Yönetim Kurulu Üyeri İçin Finans. İstanbul: Hümanist Ajans A.Ş.
  • Hossain, M., ve Hammami, H. (2009). Advances in Accounting, in corporating Advances in International Accounting. Voluntary Disclosure in the Annual Reports of an Emerging Country: The case of Qatar, 25, 255–265.
  • IFRS Foundation. (2018). Çevirimiçi 07 Kasım, 2021 https://www.ifrs.org/- media/feature/around-the-world/adoption/use-of-ifrs-around-the-world-overview-sept-2018.pdf
  • Inchausti, B. (1997). The Influence of Company Characteristics and Accounting Regulation on Information Disclosed by Spanish Firms . European Accounting Review, 6(1), 45-68.
  • Jensen, M., ve Meckling, W. (1976). Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure. Journal of Financial Economics, 3(4), 305-360.
  • Kamu Gözetim Kurumu. (2017) Çevirimiçi 07 Kasım 2021, https://www.kgk.gov.tr/DynamicContentDetail/10264/Büyük-ve-Orta-Boy-İşletmeler-İçin-Finansal-Raporlama-Standardı-(BOBİ-FRS)-2017-Sürümü,
  • KPMG. (2019) Çevirimiçi 07 Kasım, 2021 https://assets.kpmg/content/dam/kpmg/tr/pdf/2018/02/sektorel-bakis-2018-enerji.pdf
  • Malone, D., Fries, C., ve Jones, T. (1993). An Empirical Investigation of The Extent of Corporate Financial Disclosure In The Oil And Gas Industry. Journal of Accounting, Auditing And Finance, 8(3), 249-273.
  • Mora, A., Naser, K., ve Wallace, R. (1994). The Relationship Between Com- Prehensiveness of Corporate Annual Reports and Firm Characteristics in Spain. Accounting and Business Research, 25(97), 41-53.
  • Mutawaa, A., ve Hewaidy, A. (2010). DisclosureLevel and Compliance with IFRS: An Empirical Investigation of Kuwaiti Companies. International Business ve Economics Research Journal, 9(5), 33-50.
  • Naser, K., Al-Khatib, K., ve Karbhari, Y. (2002). Empirical Evidence on The Depth of Corporate Information Disclosure in Developing Countries: The Case Of Jordan. . International Journal of Commerce and Management, 12(3/4), 122-155.
  • Nobes, C. (2011). IFRS Practices and the Persistence of Accounting System Classification. Abacus, 47(3), 267-283.
  • Nobes, C. (2013). The Continued Survival of International Differences Under IFRS. Accounting and Business Research, 43(2), 83-111.
  • Popova, T., Georgakopoulos, G., Sotiropoulos, I., ve Vasileiou, K. (2013). Mandatory Disclosure and Its Impact on the Company Value. International Business Research, 6(5)
  • Rahman, A., ve Hamdan, M. (2019). An Investigation of the Level of Compliance with Financial Reporting Standards (FRS 101) by Malaysian SMEs. InfoJournal of Economic Info, 6(1), 31-38. Samaha, K., ve Stapleton, P. (2008). Compliance with International Accounting Standards in A National Context: Some Empirical Evidence From The Cairo and Alexandria Stock Exchanges. Afro-Asian J. Finance and Accounting, 1(1), 40-66.
  • Street, D.L, ve Bryant, S. (2000). Disclosure Level and Compliance with IAS: A Comparison of Companies with and Without U.S. Listings and Filings. The International Journal of Accounting, 35(3), 305-329.
  • Glaum, M., ve Street, D. (2003). Compliance with the Disclosure Requirements of Germany’s New Market: IAS Versus US GAAP. Journal of International Financial Management and Accounting, 14(1), 64-100.
  • Tsalavoutas, I. (2011). Transition to IFRS and Compliance with Mandatory Disclosure Requirements: What is the Signal? Advances in Accounting, incorporating Advances in International Accounting, 27, 390–405.
  • Tsalavoutas, I., Tsoligkas, F., ve Evans, L. (2020). Compliance with IFRS Mandatory Disclosure Requirements: A Structured Literature Review. Journal of International Accounting, Auditing and Taxation, Forthcoming, 1-72.
  • TUBİSAD. (2019) Çevirimiçi, 07 Kasım, 2021, https://www.tubisad.org.tr/tr/images/pdf/tubisad290419.pdf
  • Uyar, A., Kılıç, M., ve Bayyurt, N. (2013). Association Between Firm Characteristics and Corporate Voluntary Disclosure: Evidence From Turkish Listed Companies. Intangible Capital,, 9(4), 1080-1112.
  • Uyar, A., Kılıç, M., ve Gökçem, B. (2016). Compliance with IAS/IFRS and Firm Characteristics: Evidence From The Emerging Capital Market of Turkey. Economic Research -Ekonomska istraživanja, 29(1), 148–161.
  • Wallace, R. S. (1988). Corporate Financial Reporting in Nigeria. Journal Accounting and Business Research, 18, 352-362 .

ANALYSIS OF THE DEGREE OF COMPLIANCE WITH TAS 1 PRESENTATION OF FINANCIAL STATEMENTS ON BORSA ISTANBUL (BIST)

Yıl 2022, Cilt: 22 Sayı: 67, 279 - 295, 06.09.2022
https://doi.org/10.55322/mdbakis.1073077

Öz

The aim of this study is to gauge the compliance of select companies operating in health, energy, tourism and information technology by examining their respective annual reports and test their compliance to TAS 1 within the agency and signal theories. In this study, year 2019 annual reports of 39 listed companies on Borsa Istanbul (BIST) have been examined on an industry level. Annual reports have been graded based on indices derived from TAS 1. Profitability, leverage, liquidity ratios and company size have been taken as indicators of disclosure and their correlations with such TAS 1 indices have been analysed. The results of the analysis revealed that average compliance is 98 percent in the energy and tourism sectors; and 97 percent in the information technology sector. In the energy sector, a positive correlation has been observed between TAS 1 and leverage and company size; whereas, in the information technology sector, a positive correlation with the profitability indicator has been observed.

Kaynakça

  • Ahmed, K., ve Courtis, J. (1999). Associations Between Corporate Characteristics and Disclosure Levels in Annual Reports: A Meta-Analysis. British Accounting Review(31), 35-61.
  • Ahmed, K., ve Nicholls, D. (1994). The Impact of Non-financial Company Characteristics on Mandatory Compliance in Developing Countries: The Case of Bangladesh. The International Journal of Accounting, 29(1), 60-77.
  • Ajili, H., ve Bouri, A. (2018). Assessing The Moderating Effect of Shariah Board on The Relationship Between Financial Performance and Accounting Disclosure. Managerial Finance, 44(5), 570-589.
  • Alhaddad, M., ve Ay, M. (2019). Borsa İstanbuldaki Türk İmalat Sanayi Firmalarinin Uluslararasi Muhasebe Standartlarina Uyumu. International Social Sciences Studies Journal, 5(38), 3438-3449.
  • Ali, M., Ahmed, K., ve Henry, D. (2004). Disclosure Compliance with National Accounting Standards by Listed Companies in South Asia. Accounting and Business Research, 34(3), 183-199.
  • Alnaas, A., ve Rashid, A. (2019). Firm Characteristics and Compliance with IAS/IFRS Evidence from North African Companies. Journal of Financial Reporting and Accounting, 17(3), 383-410.
  • Alrawahi, F., ve Sarea, A. (2016). An Investigation of the level of Compliance with International Accounting Standards (IAS 1) by Listed firms in Bahrain Bourse. International Journal of Islamic and Middle Eastern Finance and Management, 9(2), 254-276.
  • Alsaeed, K. (2006). The Association Between Firm-Specific Characteristics and Disclosure The case of Saudi Arabia. Institute of Public Administration, 21(5), 476-496.
  • Ansah, S. (1998). The Impact of Corporate Attributes on the Extent of Mandatory Disclosure and Reporting by Listed Companies in Zimbabwe. The International Journal of Accounting, 33(5), 605-631.
  • Ball, R. (2016). IFRS – Ten Years Later. Accounting and Business Research, 46(5), 545-571.
  • Buzby, S. (1975). Company Size, Listed Versus Unlisted Stocks, and the Extent of Financial Disclosure. Journal of Accounting Research. 13(1), 16-37.
  • Bozzolan, S., Trombetta, M., ve Berett, S. (2009). Forward-Looking Disclosures, Financial Verifiability and Analysts' Forecasts: A Study of Cross-Listed European Firms. Taylor ve Francis Journals, 18(3), 435-473.
  • Campbell, D., Shrives, P., ve Saager, H. (2001). Voluntary Disclosure of Mission Statements in Corporate Annual Reports: Signaling What and To Whom? Business and Society Review, 106(1), 65-87.
  • Cooke, T. (1989). Voluntary Corporate Disclosure by Swedish Companies. Journal of International Financial Management and Accounting, 1(2), 171-195.
  • Cooke, T. (1992). The Impact of Size, Stock Market Listing and Industry Type on Disclosure in the Annual Reports of Japanese Listed Corporations. Accounting and Business Research, 22(87), 229-237.
  • Çetinoğlu, T. (2019). TMS 2 Stoklar Standardi Açıklama Gerekli̇li̇kleri̇ni̇n 2016-2017 Yıllarına İli̇şki̇n Uyum Düzeyleri̇ni̇n Karşılaştırılmalı Olarak İncelenmesi̇: Borsa İstanbul’da Bi̇r Uygulama. International Journal of Afro-Eurasian Research (Ijar), 4(7), 144-165.
  • Demir, V., ve Bahadir, O. (2014). An investigation of Compliance with International Financial Reporting Standards by Listed Companies in Turkey. Accounting and Management Information Systems, 13(1), 4-34.
  • Demski, J. (2007). Essays In Accounting Theory In Honour Of Joel S. Demski. Springer Science+Business Media, LLC.
  • Dumontier, P., ve Raffournier, B. ( 1998). Why Firms Comply Voluntarily with IAS: an Empirical Analysis with Swiss Data. Journal of International Financial Management and Accounting, 9(3), 216-245.
  • Ertuna, Ö. (2017). Muhasebe Teori Ve Uygulamalarından Beklentiler 2. Accounting and Financial History Research Journal, 12, 6-28.
  • EY. (2020) Çevirimiçi, 07 Kasım, 2021 https://www.ey.com/tr_tr/news/2020/-turizmin-2019-da-bueyuemeye-katksnn-37-5-milyar-dolara-ulamas-b.
  • Glaum, M., ve Street, D. (2003). Compliance with the Disclosure Requirements of Germany’s New Market: IAS Versus US GAAP. Journal of International Financial Management and Accounting, 14(1), 64-100.
  • Gözüm, M., ve Yücel, G. (2019). Yönetim Kurulu Üyeri İçin Finans. İstanbul: Hümanist Ajans A.Ş.
  • Hossain, M., ve Hammami, H. (2009). Advances in Accounting, in corporating Advances in International Accounting. Voluntary Disclosure in the Annual Reports of an Emerging Country: The case of Qatar, 25, 255–265.
  • IFRS Foundation. (2018). Çevirimiçi 07 Kasım, 2021 https://www.ifrs.org/- media/feature/around-the-world/adoption/use-of-ifrs-around-the-world-overview-sept-2018.pdf
  • Inchausti, B. (1997). The Influence of Company Characteristics and Accounting Regulation on Information Disclosed by Spanish Firms . European Accounting Review, 6(1), 45-68.
  • Jensen, M., ve Meckling, W. (1976). Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure. Journal of Financial Economics, 3(4), 305-360.
  • Kamu Gözetim Kurumu. (2017) Çevirimiçi 07 Kasım 2021, https://www.kgk.gov.tr/DynamicContentDetail/10264/Büyük-ve-Orta-Boy-İşletmeler-İçin-Finansal-Raporlama-Standardı-(BOBİ-FRS)-2017-Sürümü,
  • KPMG. (2019) Çevirimiçi 07 Kasım, 2021 https://assets.kpmg/content/dam/kpmg/tr/pdf/2018/02/sektorel-bakis-2018-enerji.pdf
  • Malone, D., Fries, C., ve Jones, T. (1993). An Empirical Investigation of The Extent of Corporate Financial Disclosure In The Oil And Gas Industry. Journal of Accounting, Auditing And Finance, 8(3), 249-273.
  • Mora, A., Naser, K., ve Wallace, R. (1994). The Relationship Between Com- Prehensiveness of Corporate Annual Reports and Firm Characteristics in Spain. Accounting and Business Research, 25(97), 41-53.
  • Mutawaa, A., ve Hewaidy, A. (2010). DisclosureLevel and Compliance with IFRS: An Empirical Investigation of Kuwaiti Companies. International Business ve Economics Research Journal, 9(5), 33-50.
  • Naser, K., Al-Khatib, K., ve Karbhari, Y. (2002). Empirical Evidence on The Depth of Corporate Information Disclosure in Developing Countries: The Case Of Jordan. . International Journal of Commerce and Management, 12(3/4), 122-155.
  • Nobes, C. (2011). IFRS Practices and the Persistence of Accounting System Classification. Abacus, 47(3), 267-283.
  • Nobes, C. (2013). The Continued Survival of International Differences Under IFRS. Accounting and Business Research, 43(2), 83-111.
  • Popova, T., Georgakopoulos, G., Sotiropoulos, I., ve Vasileiou, K. (2013). Mandatory Disclosure and Its Impact on the Company Value. International Business Research, 6(5)
  • Rahman, A., ve Hamdan, M. (2019). An Investigation of the Level of Compliance with Financial Reporting Standards (FRS 101) by Malaysian SMEs. InfoJournal of Economic Info, 6(1), 31-38. Samaha, K., ve Stapleton, P. (2008). Compliance with International Accounting Standards in A National Context: Some Empirical Evidence From The Cairo and Alexandria Stock Exchanges. Afro-Asian J. Finance and Accounting, 1(1), 40-66.
  • Street, D.L, ve Bryant, S. (2000). Disclosure Level and Compliance with IAS: A Comparison of Companies with and Without U.S. Listings and Filings. The International Journal of Accounting, 35(3), 305-329.
  • Glaum, M., ve Street, D. (2003). Compliance with the Disclosure Requirements of Germany’s New Market: IAS Versus US GAAP. Journal of International Financial Management and Accounting, 14(1), 64-100.
  • Tsalavoutas, I. (2011). Transition to IFRS and Compliance with Mandatory Disclosure Requirements: What is the Signal? Advances in Accounting, incorporating Advances in International Accounting, 27, 390–405.
  • Tsalavoutas, I., Tsoligkas, F., ve Evans, L. (2020). Compliance with IFRS Mandatory Disclosure Requirements: A Structured Literature Review. Journal of International Accounting, Auditing and Taxation, Forthcoming, 1-72.
  • TUBİSAD. (2019) Çevirimiçi, 07 Kasım, 2021, https://www.tubisad.org.tr/tr/images/pdf/tubisad290419.pdf
  • Uyar, A., Kılıç, M., ve Bayyurt, N. (2013). Association Between Firm Characteristics and Corporate Voluntary Disclosure: Evidence From Turkish Listed Companies. Intangible Capital,, 9(4), 1080-1112.
  • Uyar, A., Kılıç, M., ve Gökçem, B. (2016). Compliance with IAS/IFRS and Firm Characteristics: Evidence From The Emerging Capital Market of Turkey. Economic Research -Ekonomska istraživanja, 29(1), 148–161.
  • Wallace, R. S. (1988). Corporate Financial Reporting in Nigeria. Journal Accounting and Business Research, 18, 352-362 .
Toplam 45 adet kaynakça vardır.

Ayrıntılar

Birincil Dil Türkçe
Konular İşletme
Bölüm Araştırma Makaleleri
Yazarlar

Faruk Fırat 0000-0001-6634-3899

Neslihan Altunel 0000-0001-5647-3809

Yayımlanma Tarihi 6 Eylül 2022
Gönderilme Tarihi 14 Şubat 2022
Kabul Tarihi 27 Haziran 2022
Yayımlandığı Sayı Yıl 2022 Cilt: 22 Sayı: 67

Kaynak Göster

APA Fırat, F., & Altunel, N. (2022). TMS 1 FİNANSAL TABLOLARIN SUNULUŞU STANDARDINA UYUM DERECELERİNİN BORSA ISTANBUL (BİST)’DA İNCELENMESİ. Muhasebe Ve Denetime Bakış, 22(67), 279-295. https://doi.org/10.55322/mdbakis.1073077