International Journal of Business and Social Science

ISSN 2219-1933 (Print), 2219-6021 (Online)

Determination of Policy Preferences related to Inventory and Assets Valuation and Depreciation Methods: A Research on Istanbul Stock Exchange
Dr. Sedat Coşkun, Associate Professor Dr. Mahmut Yardımcıoğlu

Companies make some choices in the creation, namely in the recording and reporting processes of the accounting data. These choices are defined as the accounting policies. These policies require the implementation of policy choices made by companies in order to ensure comparability of the financial statements as per the basic concepts of accounting. Companies may develop accounting policies to present reliable information about their financial positions and according to their own changing conditions. Policy changes according to standards are all important in terms of comparability of the financial statements and showing the real positions of companies. Therefore companies present their policy changes and the information about their operating results through financial statements and footnotes to financial information users. This is important in terms of presenting the effects of preferred accounting policies on financial statements to information users. The preferences of Valuation Methods of Inventory, Tangible Assets Valuation and Depreciation Methods, Intangible Assets Valuation and Depreciation Methods, which are critical for companies and included by SEC (Securities and Exchange Commission) among the policies that have to be disclosed, were analyzed in this study

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