Siyaset Ekonomi ve Yönetim Araştırmaları Dergisi
Yazarlar: Neslihan AKÇA, Seçkin GÖNEN
Konular:-
Anahtar Kelimeler:Turkish Accounting Standard 37,Contingent Liabilities,Contingent Assets.
Özet: Liabilities generated from a past transaction, which are to be paid however their amount is not determined, or whose amount, duration and payment portion are determined called as provisions. Contingent liabilities are liabilities which are generated from a past transaction though their recognition is dependent on occurrences out of entities’ control and could not reflected on financial statements. Contingent assets as for generated from past transactions and which may occur based on potential occurrence of one or more events that is not in full control of the entity. The aim of this study is to explain Turkish Accounting Standard number 37 “Provisions, Contingent Liabilities and Contingent Assets” in comparison with tax legislation. In our study, accounting applications regards to contingent liabilities and contingent assets are explained with the assistance of samples. On the basis of exampled included in the study, it is detected that there should be a legal initiation for making provisions in tax legislation on the contrary to no necessities of such process in IFRS