Review of the accounting principles for the valuation and deposit of tangible assets in terms of the law and TAS 16

With today's globalization, countries are becoming closer to each other, especially economic activities, and efforts to integrate countries in terms of various legislation are increasing. International Accounting Standards also emerged as a result of these integration efforts. Turkish Accounting Standards are published in order to comply with the International Accounting Standards of the accounting application in our country. The person who is engaged in commercial activities must make the accounting records and applications of these institutions in accordance with these standards as well as tax legislation. The fact that the Turkish Accounting Standards and the Turkish Tax Legislation are being executed jointly is the starting point of this work. The provisions of Turkish Accounting Standards and tax legislation on the property, plant and equipment that are of great importance in terms of taxpayers constitute the subject of this work. The method of the research is qualitative research method. In this context, the study has been carried out based on the relevant literature. Situated by the Tax Procedure Law for the valuation of tangible assets in Turkey Business Accounting Standard is available arrangements made with 16. Both regulations differ in some detail applications. It has been concluded that it is important to detect these differences in production enterprises and to eliminate the differences.