Differences between IFRS and CMB regulations and solutions

As a result of both different cultural constitutions and different legal arragements,one can see different results from the same accounting inputs.In annotating the accounting datas and inreasing their auditing ,the need of informing the shareholders,the investors,the corporations and institutions which the company is responsible for effectively caused an other need what is to create a new language.At this comprehension,IASB(International Accounting Standarts Board) executes its work.Thanks to these hard works, IFRS was arisen which was accentuated by many countries,companies,corporations and institutions,academics etc. It will be mandatory in our country when the new Turkish Commercial Law is announced.Although the importance of this subject was realized in early times in our country,it wasn?t able to be put in force.In İstanbul Stock Exchange work results,the serial XI ,25 numbered notification and financial statements were both aimed to adapt IFRS,but the changes appeared on IFRS couldn?t be reflected well.About this subject,the changes between IFRS and the notification must be cared about seriously.With this thesis:a)The diffrences will be put on,b)While assesing the diffrences in the companies? balance sheets and their financial situations, the effects which may happen after these diffrences, we must be focused on them seriously.We will have to apply to IFRS and to the notification while trying to put on the differences between them.There will be different kinds of solutions provided in order to throw away the differences and the diffuculties.Thus,we can discuss if the financial statements? functions can flourish well according to the notification or not.Key Words: IFRS, CMB Serial: XI No:25 Notification, Differences between IFRS and the Notification