ACCOUNTANT PROFESSIONALS’ PERCEPTION OF INTERNATIONAL FINANCIAL REPORTING STANDARDS: UŞAK CASE STUDY

Globalization trend that spreads widely in the world of economical and technological development has provided many values to be shares at international levels, by removing the borders of the countries. In the globalised world, changes happen in activities of companies as in many fields with the help of developments in information and communication technologies. Companies have been starting activities globally and the number of multinational companies has been increasing, and in this context, the movements of goods, service and capital have been passing the national borders. Globalization has affected the science of accounting as the other disciplines. Depending on these developments, the applications of accountancy which is used at national level before have been inadequate in providing information that the users of financial tables have required. Works that were launched to solve this problem in developed countries resulted in the International Financial Reporting Standards (IFRS) which have been gradually adopted by other countries as the common language of accounting. International Accounting Standards Board has been formed and International Accounting Standards have been published in the process of making up common accounting language. European Union accepted these standards in 2005 and wanted all the members and candidate states to accept them. These standards have been accepted in our country since 2006 and started to apply at the enterprises depending on The Capital Markets Law. The New Turkish Commercial Code enacted on 14 February 2011 obliges to implement “The Turkish Financial Reporting Standards” by the 1 January 2013. In this context, the aim of this study is to determine the perception of accounting standards by accountants. Furthermore, previous studies on the subject were examined and comparisons were drawn. Universe of the study consists of accountants in Uşak Chamber of Certified Public Accountants. Face to face surveys with the questionnaires have been carried out and the results have been analyzed by Statistical Package for the Social Sciences (SPSS). According to the survey results, the accountants expressed their perception that IFRS supply accurate, transparent and reliable financial reporting. On the other hand, the findings of the study reveal that the accountants also have information about IFRS, but they are not completely ready for the adaptation of IFRS.