Anadolu Bil Meslek Yüksekokulu Dergisi

Yazarlar: Günay Deniz DURSUN

Konular:-

Anahtar Kelimeler:Salvage value,Insurance,Accounting

Özet: Natural and legal persons may face risk of danger at any moment and to counter this they resort to insurance activities in order to manage any risk that may arise as a result of a dangerous situation which may become materialised. Provision of assurance as its underlying basis, insurance activity is of considerable importance which comes as second after the banks with an increased share amongst intermediary institutions in the financial sector. By reason of its own specific activities as a brokerage institution, accounting treatment of insurance companies also vary. Salvage which is industry-specific and is the expression of proceeds of income received from the sale of tangible insured products exposed to damage is the subject of this study which tries to explain how to account for salvage operations

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