Tangible assets of Turkey financial reporting standartsfinancial reporting standard for large and medium sizedenterprises and general communiques of accountingsystem application comparison of scope

Property, plant and equipment are the material items that are expected to be used for more than one year in the production or supply of goods or services. The change in these assets constituting a significant part of the operating assets significantly affects the financial position and performance of the entity. In this respect, accounting for tangible fixed assets, valuation, presentation and disclosure in the financial statements are important for users of information. In our country, accounting practices Turkey Accounting/Financial Reporting Standards, Financial Reporting Standard for Large and Medium Sized Enterprises and General Communiques of Accounting System Application are held in accordance. In this study, tangible fixed assets are included in the financial statements, valued in the following periods, excluded from the financial statements, their presentations and explanations in the financial statements are examined with examples according to the three applications and similar and different aspects are put forward.