TFRS 16 Kiralamalar Standardının Türk Perakende İşletmelerinin Finansal Göstergelerine Etkisi

Abstract

The IASB (International Accounting Standards Board) abolished the IAS 17 Standard, which has been in force for 30 years, and replaced it with the IFRS 16 Standard for leasing transactions at the end of a 10-year study. The same standard came into force in January 2019 with the name of TFRS 16 Leases Standard in Turkey. The TFRS 16 Standard has radically eliminated the accounting approach applied with the TMS 17 Standard which is based on the financial and operating lease distinction. In this way, it has been tried to ensure that the financial statements of the enterprises can be prepared more accurately. With the TFRS 16 Standard, lessees are required to specify assets related to operating leases as right-to-use assets and liabilities as lease liabilities in statement of financial position. The radical change brought about by TFRS 16 Standard is expected to have an impact on the financial statements of the companies. The purpose of this study is to reveal how the financial indicators of the enterprises have been affected with TFRS 16 and to evaluate the financial impact created by TFRS 16 on a sectoral basis. For this purpose, the 2018 and 2019 financial indicators of the businesses operating in the retailer sector were compared using the Mann-Whitney U test. As a result of the analysis, no statistical difference was detected between the periods before and after TFRS 16 in terms of financial indicators.