Please use this identifier to cite or link to this item:
https://www.um.edu.mt/library/oar/handle/123456789/38180
Title: | Accounting of rental transactions within the framework of TFRS16 leases |
Other Titles: | TFRS 16 kiralamalar standardi cercevesinde kiralama islemlerinin muhasebelestirilmesi |
Authors: | Gokgoz, Ahmet |
Keywords: | Financial statements -- Standards Financial statements -- Turkey Leases -- Accounting -- Standards Leases -- Turkey |
Issue Date: | 2019-01 |
Publisher: | Ahmet Gökgöz |
Citation: | Gokgoz, A. (2019). Accounting of rental transactions within the framework of TFRS16 leases. Journal of Accounting, Finance and Auditing Studies, 5(1), 318-332. |
Abstract: | In order to operate, firms can acquire the necessary properties by leasing method as well as buying them. The companies those do not choose spending their funds on an asset or the firms which are lack of sufficient amount of funds prefer leasing process. Accounting of rental transactions were held due to Turkish Accounting Standards TAS 17 Leasing Standard. Meanwhile The Turkish Financial Reporting Standards TFRS 16 Leases Standard is published and TAS 17 is repealed simultaneously. Then TFRS 16 principles are ruled to operate the rental transactions. The most important improvement by TFRS 16 is the necessity of indicating the operating leases within the balance sheet. The aim of the study is explaining the accounting of leasing process due to leaser and lessee within the framework of TFRS 16 Leases Standard. |
URI: | https://www.um.edu.mt/library/oar//handle/123456789/38180 |
Appears in Collections: | Journal of Accounting, Finance and Auditing Studies, Volume 5, Issue 1 Journal of Accounting, Finance and Auditing Studies, Volume 5, Issue 1 |
Files in This Item:
File | Description | Size | Format | |
---|---|---|---|---|
JAFAS,_5(1)_-_A17.pdf | 1.38 MB | Adobe PDF | View/Open |
Items in OAR@UM are protected by copyright, with all rights reserved, unless otherwise indicated.