Araştırma Makalesi
BibTex RIS Kaynak Göster

TFRS 15 Case Study on Principal/Agent Positioning: Turkcell and Gezinomi

Yıl 2023, Cilt: 26 Sayı: 2, 345 - 356, 30.11.2023
https://doi.org/10.29249/selcuksbmyd.1313118

Öz

With this study, it is aimed to investigate the effect of the principal/agent evaluation according to TFRS 15 on the reporting of revenue of the enterprises operating in Borsa Istanbul (BIST) and generating income by acting as an agency or an intermediary in the delivery of the product or service of another enterprise to its customers in the business model. Content analysis model, one of the qualitative research methods, was used in the research. Using the revenue section and detail data obtained from the annual reports of Turkcell and Gezinomi businesses operating in BIST between 2018 and 2022, it has been analyzed specifically how the businesses position themselves in the disclosures part as "principal/agent" while recording the revenue item according to TFRS 15. In this context, the information obtained from the activity reports of the enterprises does not disclose the details of which revenue items are added to the gross and which revenue items are added to the net revenue while recording the revenue. This situation makes it difficult to measure the real financial performance of the enterprises and to make comparisons in terms of sectors, increasing the doubts on the enterprise from the stakeholder perspective who actually relies on the disclosures for their decisions.

Kaynakça

  • Barker, R. (2010). On the definitions of income, expenses and profit in IFRS. Accounting in Europe, 7(2), 147–158.
  • Boujelben, S., & Kobbi-Fakhfakh, S. (2020). Compliance with IFRS 15 mandatory disclosures: an exploratory study in telecom and construction sectors. Journal of Financial Reporting and Accounting, ahead-of-print, doi:10.1108/jfra-10-2019-0137
  • Bowen, R. M., Davis, A. K., & Rajgopal, S. (2002). Determinants of revenue-reporting practices for Internet firms. Contemporary Accounting Research, 19, 523–562.
  • Burnett, B. M., Martin, G. W., & Reppenhagen, D. A. (2021). Managerial discretion in revenue recognition amidst financial restatements and implications for GAAP compliance. Journal of Business Finance & Accounting, 48(5-6), 869-894.
  • EFRAG (2007). Erişim Tarihi: 05.02.2023
  • Financial Reporting Council. (2019). IFRS 15 thematic review: Review of disclosures in the first year of application. Erişim Tarihi: 05.02.2023
  • Gezinomi İzahname. (2022). Erişim Tarihi: 05.02.2023
  • Graham, J. R., Harvey, C. R., & Rajgopal, S. (2005). The economic implications of corporate financial reporting. Journal of accounting and economics, 40(1-3), 3-73. Erişim Tarihi: 04.02.2023
  • Kabir, H., & Su, L. (2022). How did IFRS 15 affect the revenue recognition practices and financial statements of firms? Evidence from Australia and New Zealand. Journal of International Accounting, Auditing and Taxation, 49, 100507.
  • KPMG (2019). Erişim Tarihi: 05.02.2023
  • Lorenz, T., & Homburg, C. (2018). Determinants of analysts’ revenue forecast accuracy. Review of Quantitative Finance and Accounting, 51(2), 389-431.
  • Marton, J., & Wagenhofer, A. (2010). Comment on the IASB discussion paper ‘Preliminary Views on Revenue Recognition in Contracts with Customers’. Accounting in Europe, 7(1), 3-13.
  • Milic, K., & Pettersson, R. (2019). IFRS 15 Intäkter från avtal med kunder: En undersökning om hur företagens affärsmodeller påverkar intäktsredovisningen under IFRS 15.
  • Napier, C. J., & Stadler, C. (2020). The real effects of a new accounting standard: the case of IFRS 15 Revenue from Contracts with Customers. Accounting and Business Research, 50(5), 474-503.
  • Nobes, C. (2012). On the Definitions of Income and Revenue in IFRS. Accounting in Europe, 9(1), 85–94. doi:10.1080/17449480.2012.664395
  • Quagli, A., Roncagliolo, E., & D’Alauro, G. (2021). The preparedness to adopt new accounting standards: a study of European companies on the pre-adoption phase of IFRS 15. International Journal of Disclosure and Governance, 18(3), 290-303.
  • Rutledge, R. W., Karim, K. E., & Kim, T. (2016). The FASB’s and IASB’s New Revenue Recognition Standard: What Will Be the Effects on Earnings Quality, Deferred Taxes, Management Compensation, and on Industry‐Specific Reporting?. Journal of Corporate Accounting & Finance, 27(6), 43-48.
  • Svensson, M., & Hagos, A. (2021). How does IFRS 15 influence Swedish auditors and financial analysts’ understanding of companies’ revenue transactions?. Master’s Thesis, Uppsala University.
  • TFRS 1, md.88, Erişim Tarihi: 05.02.2023
  • TFRS 15, Ek A, Erişim Tarihi: 05.02.2023
  • TMS 18, Erişim Tarihi: 05.02.2023
  • Trabelsi, N. S. (2018). IFRS 15 early adoption and accounting information: Case of real estate companies in Dubai. Academy of Accounting and Financial Studies Journal, 22(1), 1-12.
  • Tutino, M., Regoliosi, C., Mattei, G., Paoloni, N., & Pompili, M. (2019). Does the IFRS 15 impact earnings management? Initial evidence from Italian listed companies. African Journal of Business Management, 13(7), 226-238.
  • Yeaton, K. (2021). Implementing ASC 606: Challenges, Lessons Learned, and Best Practices. Journal of Accountancy. Erişim Tarihi: 05.02.2023
  • van Duuren, R., & ter Hoeven, R. (2022). Revenue recognition disclosure quality in the financial statements of Dutch construction companies. Maandblad voor Accountancy en Bedrijfseconomie, 96(11/12), 443-456.
  • Wagenhofer, A. (2014). The role of revenue recognition in performance reporting. Accounting and Business Research, 44(4), 349-379.
  • Wheale, P. R., & Amin, L. H. (2003). Bursting the "dot. com" bubble: a case study in investor behaviour. Technology Analysis & Strategic Management, 15(1), 117-136.

TFRS 15 Asıl/Vekil Konumlandırması Üzerine Vaka İncelemesi: Turkcell ve Gezinomi

Yıl 2023, Cilt: 26 Sayı: 2, 345 - 356, 30.11.2023
https://doi.org/10.29249/selcuksbmyd.1313118

Öz

Bu çalışma ile Borsa İstanbul’da (BIST) faaliyet gösteren ve iş modeli içerisinde acentelik veya başka bir işletmenin ürün veya hizmetini müşterilerine ulaştırmasında aracılık rolü üstlenerek gelir elde eden işletmelerin TFRS 15’e göre asıl/vekil değerlendirmesinin işletmelerin hasılatın raporlanması üzerindeki etkisini araştırmak amaçlanmıştır. Araştırmada nitel araştırma yöntemlerinden içerik analizi modeli kullanılmıştır. BIST’te faaliyet gösteren Turkcell ve Gezinomi işletmelerinin 2018 – 2022 yılları arası faaliyet raporlarından elde edilen hasılat kalemi ve ayrıntısı verisi kullanılarak TFRS 15’e göre işletmelerin hasılat kalemini kaydederken kendilerini “asıl/vekil” olarak nasıl konumlandırdıkları özelinde analiz edilmiştir. Bu çerçevede işletmelerin faaliyet raporlarından elde edilen bilgiler işletmelerin hasılatı kaydederken hangi kalemleri brüt, hangi kalemleri net olarak hasılata ekledikleri ayrıntısını göstermemektedir. Bu durum işletmelerin finansal açıklamaları çerçevesinde karar alan paydaşların, işletmelerin gerçek finansal performanslarını ölçmesi ve sektörel anlamda karşılaştırma yapmasını zorlaştırarak işletme üzerindeki şüpheleri artırmaktadır.

Kaynakça

  • Barker, R. (2010). On the definitions of income, expenses and profit in IFRS. Accounting in Europe, 7(2), 147–158.
  • Boujelben, S., & Kobbi-Fakhfakh, S. (2020). Compliance with IFRS 15 mandatory disclosures: an exploratory study in telecom and construction sectors. Journal of Financial Reporting and Accounting, ahead-of-print, doi:10.1108/jfra-10-2019-0137
  • Bowen, R. M., Davis, A. K., & Rajgopal, S. (2002). Determinants of revenue-reporting practices for Internet firms. Contemporary Accounting Research, 19, 523–562.
  • Burnett, B. M., Martin, G. W., & Reppenhagen, D. A. (2021). Managerial discretion in revenue recognition amidst financial restatements and implications for GAAP compliance. Journal of Business Finance & Accounting, 48(5-6), 869-894.
  • EFRAG (2007). Erişim Tarihi: 05.02.2023
  • Financial Reporting Council. (2019). IFRS 15 thematic review: Review of disclosures in the first year of application. Erişim Tarihi: 05.02.2023
  • Gezinomi İzahname. (2022). Erişim Tarihi: 05.02.2023
  • Graham, J. R., Harvey, C. R., & Rajgopal, S. (2005). The economic implications of corporate financial reporting. Journal of accounting and economics, 40(1-3), 3-73. Erişim Tarihi: 04.02.2023
  • Kabir, H., & Su, L. (2022). How did IFRS 15 affect the revenue recognition practices and financial statements of firms? Evidence from Australia and New Zealand. Journal of International Accounting, Auditing and Taxation, 49, 100507.
  • KPMG (2019). Erişim Tarihi: 05.02.2023
  • Lorenz, T., & Homburg, C. (2018). Determinants of analysts’ revenue forecast accuracy. Review of Quantitative Finance and Accounting, 51(2), 389-431.
  • Marton, J., & Wagenhofer, A. (2010). Comment on the IASB discussion paper ‘Preliminary Views on Revenue Recognition in Contracts with Customers’. Accounting in Europe, 7(1), 3-13.
  • Milic, K., & Pettersson, R. (2019). IFRS 15 Intäkter från avtal med kunder: En undersökning om hur företagens affärsmodeller påverkar intäktsredovisningen under IFRS 15.
  • Napier, C. J., & Stadler, C. (2020). The real effects of a new accounting standard: the case of IFRS 15 Revenue from Contracts with Customers. Accounting and Business Research, 50(5), 474-503.
  • Nobes, C. (2012). On the Definitions of Income and Revenue in IFRS. Accounting in Europe, 9(1), 85–94. doi:10.1080/17449480.2012.664395
  • Quagli, A., Roncagliolo, E., & D’Alauro, G. (2021). The preparedness to adopt new accounting standards: a study of European companies on the pre-adoption phase of IFRS 15. International Journal of Disclosure and Governance, 18(3), 290-303.
  • Rutledge, R. W., Karim, K. E., & Kim, T. (2016). The FASB’s and IASB’s New Revenue Recognition Standard: What Will Be the Effects on Earnings Quality, Deferred Taxes, Management Compensation, and on Industry‐Specific Reporting?. Journal of Corporate Accounting & Finance, 27(6), 43-48.
  • Svensson, M., & Hagos, A. (2021). How does IFRS 15 influence Swedish auditors and financial analysts’ understanding of companies’ revenue transactions?. Master’s Thesis, Uppsala University.
  • TFRS 1, md.88, Erişim Tarihi: 05.02.2023
  • TFRS 15, Ek A, Erişim Tarihi: 05.02.2023
  • TMS 18, Erişim Tarihi: 05.02.2023
  • Trabelsi, N. S. (2018). IFRS 15 early adoption and accounting information: Case of real estate companies in Dubai. Academy of Accounting and Financial Studies Journal, 22(1), 1-12.
  • Tutino, M., Regoliosi, C., Mattei, G., Paoloni, N., & Pompili, M. (2019). Does the IFRS 15 impact earnings management? Initial evidence from Italian listed companies. African Journal of Business Management, 13(7), 226-238.
  • Yeaton, K. (2021). Implementing ASC 606: Challenges, Lessons Learned, and Best Practices. Journal of Accountancy. Erişim Tarihi: 05.02.2023
  • van Duuren, R., & ter Hoeven, R. (2022). Revenue recognition disclosure quality in the financial statements of Dutch construction companies. Maandblad voor Accountancy en Bedrijfseconomie, 96(11/12), 443-456.
  • Wagenhofer, A. (2014). The role of revenue recognition in performance reporting. Accounting and Business Research, 44(4), 349-379.
  • Wheale, P. R., & Amin, L. H. (2003). Bursting the "dot. com" bubble: a case study in investor behaviour. Technology Analysis & Strategic Management, 15(1), 117-136.
Toplam 27 adet kaynakça vardır.

Ayrıntılar

Birincil Dil Türkçe
Konular Finansal Muhasebe
Bölüm Araştırma Makalesi
Yazarlar

Pınar Okan Gökten 0000-0003-2037-0087

Burak Özdoğan 0000-0002-8504-5085

Soner Gökten 0000-0003-4213-1976

Erken Görünüm Tarihi 30 Kasım 2023
Yayımlanma Tarihi 30 Kasım 2023
Gönderilme Tarihi 15 Haziran 2023
Yayımlandığı Sayı Yıl 2023 Cilt: 26 Sayı: 2

Kaynak Göster

APA Okan Gökten, P., Özdoğan, B., & Gökten, S. (2023). TFRS 15 Asıl/Vekil Konumlandırması Üzerine Vaka İncelemesi: Turkcell ve Gezinomi. Selçuk Üniversitesi Sosyal Bilimler Meslek Yüksekokulu Dergisi, 26(2), 345-356. https://doi.org/10.29249/selcuksbmyd.1313118

Selçuk Üniversitesi Sosyal Bilimler Meslek Yüksekokulu Dergisi Creative Commons Atıf-GayriTicari 4.0 Uluslararası Lisansı (CC BY NC) ile lisanslanmıştır.