Comparative research of accounting system of the Anglo-Saxon countries within Turkey accounting system and IAS/IFRS

The purpose of study, Anglo-Saxon examining the accounting system and the history of the country, Turkey's accounting system and IAS/IFRS comparison scope, therefore, occur about the problems of the current accounting system in the Anglo-Saxon countries, with emphasis on the deficiencies to determine their differences and similarities. Today, with the increase of globalization and international trade, it has become mandatory for the accounting system to respond to common standards. While companies operating internationally are making economic decisions, there are difficulties when examining the financial statements made according to the accounting systems that vary and differ in the world. With this study, it is aimed to eliminate these difficulties by introducing the accounting system of Anglo-Saxon countries. In this context, the aim of our study is to examine the International Accounting/Financial Reporting Standards in the context of the Anglo-Saxon countries and the Turkish Accounting System in order to investigate whether they meet the needs of the countries in today's conditions, and to identify and harmonize the similarities and differences between them. Our study consists of three parts, and in the first part, general accounting information is mentioned. In the second part, Anglo-Saxon countries and Turkey were introduced, and their historical development, the cultures affected, charts of accounts, accounting recording methods, accounting principles, balance sheet and income statement, IAS/IFRS compliance in accounting systems, tax systems were explained in detail. In the third part, the accounting systems of Anglo-Saxon countries and Turkey are compared and presented in the table. In the conclusion section, the results obtained are explained. With this study, the accounting systems of other countries, for which we have very little data in the literature review in our country, will also be brought to the literature. At the same time, this study will help multinational companies to harmonize their accounting records and final reports. Finally, our study can be used for the future common accounting system with Anglo-Saxon countries.