Comparison of IFRS 16 leasing standard with TMS 17 financial leasing standard, innovations that bring and the effect of financial position of transport companies listed in Turkey sample application on

The desire of businesses to grow and to be involved in international trade has made them need loans or new investors. Persons, institutions or organizations that want to give loans to businesses need transparent and reliable information about the business when investing. Companies, on the other hand, can hide some of their obligations and show the company as profitable investment. The entry into force of the IFRS 16 Standard has eliminated the distinction between financial and operating leases in companies. The transfer of the assets and liabilities subject to financial leasing from the footnotes to the balance sheet items has started a more transparent process for investors and the government in terms of taxes. The aim of this study is to compare the suitability of IAS 17 and IFRS 16 Standards by examining their financial data in terms of companies operating in the Transportation and Transportation Sector, which are traded on Bist. Keywords: IFRS 16 Leasing, TAS 17 Financial Leasing, Public Transportation Companies, Financial Status