The Development of Financial Reporting and the International Integration Studies in Turkey

Abstract

Abstract The increase of globalization, competition and corruption, difficulty in organizational controls, latest financial crises that the world has been through and company bankruptcies has recently increased the importance of financial reporting. First regulations related with financial reporting in Turkey first began for Government Business Enterprises at the end of the 1960s. As the business requirements change in time, financial reporting needs have changed either. The main purpose of this study is to provide a chronological data about the development of financial reporting in Turkey and its international integration studies. All the data related with the theme will be investigated in accordance with the main purpose of this study. Within the scope of the subject, articles, related thesis, liabries and data bases are scanned and examined. In this study, information will be given about the developments of financial reporting in Turkey and the studies done on the subject will be discussed and presented. As a result of this study financial reporting developments and integration studies in Turkey have changed in years and it has similar and different features and these features will be detailed further in the content.