The classification of accounting systems and an analysis to determine Turkish accounting system

Accounting is shaped by the social, economical, even cultural attributes of the society in which it operates. In this context, a country's accounting system cannot be identical with another's one. The concept of accounting system means that all accounting applications of a business to apply in preparing its financial reports in a period.Owing to accounting classification, when a country faces an accounting problem it will be able to take model another country's solution approach for the problem which in the same group and has same attributes.In this study, 16 countries including Turkey were classified by using as their similarities of 32 variables which contain accounting applications. Hierarchical cluster analysis used as research method and those countries' systems were found as most similar to Turkish accounting system respectively; Spain, IASC, Japan, Sweden.