Awareness of accounting professionals towards financial reporting standards for small and micro enterprises

Depending on international developments in the field of accounting and finance, there are changes in the financial reporting system in Turkey. In order to comply with international financial reporting standards in Turkey, changes in standards have forced members of the profession to update their past knowledge and the information I have learned. In light of the latest developments, the financial reporting standard KÜMİ FRS for small and micro enterprises came into force for the period 2023 due to various reasons published in 2019. It was published by the KGK in order to provide reliable, comparable information that suits the needs of businesses that are not subject to independent audit. Since KUMİ FRS, which came into force to cover the 2023 period, will be implemented by professionals, it is important to examine the perception of professional members about KÜMİ FRS. The aim of this study is to measure the awareness level of members of KÜMİ FRS, which came into force for small and micro enterprises. It was aimed to collect data by survey method to measure the awareness level of professionals. The universe of the study is Sakarya, Kocaeli, Eskişehir, Kütahya and Bursa. The obtained data were analyzed in the SPSS program. In the study, information such as gender, age, education level, as well as data about TMS/TFRS, BOBİ FRS and KÜMİ FRS were obtained and meaningful conclusions were drawn.