Effects of VUK, TMS/TFRS and BOBI FRS applications on financial tables: A private hospital example between 2017-2021

With this thesis, it is aimed to evaluate the financial effects of the financial statements prepared according to different accounting standard sets, VUK/MSUGT, TMS/TFRS and BOBI FRS, on the costs and profitability in the health sector, on the financial performance of a private hospital business and contribute to the literature. Within the scope of the study, the corporate tax returns of the hospital business for the years 2017-2021 and the balance sheet and income statement data prepared according to the VUK/MSUGT in their annexes were reached. These balance sheets and income statements have been translated into financial statements and profit and loss statements in these accounting systems, taking into account TMS/TFRS and BOBI FRSs. The financial table data of the hospital enterprise, which was created according to the three accounting systems of the relevant years, was evaluated by horizontal analysis and ratio analysis method. As a result of the analysis, it was seen that the profitability and liquidity ratios of the hospital business had positive values, especially in 2020, when the Covid-19 pandemic first emerged. It has been determined that these values have very high values compared to the previous year's data, and therefore the pandemic has increased the profitability of the private hospital business according to the data of all three accounting systems. It has been concluded that the financial statements prepared according to VUK/MSUGTs are insufficient to present accurate and relevant information, and that TMS/TFRS and its abbreviated form, BOBI FRSs, provide more accurate and useful information to financial statement users.