Küçük ve Orta Büyüklükteki İşletmelerde Uluslararası Finansal Raporlama Standartları Sorunları

Özyiğit H.

International Congress on Scientific Advances (ICONSAD), Balıkesir, Türkiye, 22 - 25 Aralık 2021, ss.831-832

  • Yayın Türü: Bildiri / Özet Bildiri
  • Basıldığı Şehir: Balıkesir
  • Basıldığı Ülke: Türkiye
  • Sayfa Sayıları: ss.831-832
  • Erzincan Binali Yıldırım Üniversitesi Adresli: Evet

Özet

The majority of businesses in the world are Small and Medium-sized Enterprises (SMEs). The SME sector is considered to be the focal point of the economy in both developed and developing countries. This sector makes a significant contribution to employment creation, technological innovations and economic development. As a result of the introduction of International Financial Reporting Standards (IFRS) for SMEs operating in various sectors, SMEs have also stepped into the world of financial reporting. While many countries have fully adopted the IFRS set for publicly accountable entities, this is not the case for non-publicly accountable entities (especially SMEs). IFRS for SMEs was published as a simplified version of the full IFRS set under the leadership of the International Accounting Standards Board (IASB). These IFRSs are issued with the expectation that they will be applied by entities that are not publicly accountable but prepare general purpose financial statements for external users. The IASB's goal of implementing IFRS for SMEs focuses on the paradigm of increasing the decision utility of financial information provided by SMEs worldwide (useful decision theory) and reducing information asymmetry (hierarchical order theory). In this context, the aim of the study is to reveal the problems that SMEs may encounter in the process of adopting IFRS, including the development and implementation of standards. A document review was conducted to assess issues related to issues related to the development and implementation of standards. In the study, findings were determined that there are difficulties and problems in the process of adopting IFRS for SMEs that are not accountable to the public. It is thought that the study will contribute to future research in various fields to reveal the implementation difficulties and problems encountered at the country or regional level in the adoption of IFRS for SMEs.