The impact of the ias on stock and property plants and equipments on the extent of accounting information disclosed by companies: A case study on Turkish companies

In a globalizing World ,increasing commercial and economic relationships of the corporations operatin in different countries have both countrıes and corporations get closer. Firms are obliged to keep accounting records in accordance with the accounting systems constructed by the effect of domestic Dynamics of the countries in which they operate. Not only firms but also investors interested in the business,sharers and public institutions may make decisions by using the data occuring in the process of accounting. Increasing competition and globalizing ,however,might lead to some problems in comparing the financial reports prepared according to different rules in different countries. Thus, the use of international accounting standards turns out to be a requriment in order to align the financial tables. Turkey ,too,as many other counries, by 2005, obliged businesses subordinate to Capital Market Board (CMB) to do their accountings and reportings in accordance with international accounting standards. By 2013, all businesses will prepare their legal ledgers and financial tables in accordance with international accounting standards. The aim of this study is to analyse the law of accounting for the firms registered to CMB before 2005 and operating reports prepared according to international acconting standards in the post-2005 period. Hence, whether or not the informations obliged by standards have increased in comparison with the pre- 2005 period. Namely, whether or not the international accounting standards influenced the level of accounting announced by businesses has been studied. Not includig all standards , this study analyses merely the influence of the standards of property plants and equipments and stocks. The operation reports of 100 firms registered to CMB have been analysed by considering the years 2003,2007 and2012. Transformed in to a suitable form for analysing, informations acquired by multi regression analyse method have been given in conclusion after being construed. Keywords: International accounting standards, stocks, property plants and equipments, disclosure ındex