Historical development of Islamic accounting standards and accounting recording recommendations in accordance with the uniform chart of accounts

The religion of Islam is a phenomenon that affects the beliefs, worship and culture of the society that has existed from the past to the present. It is seen that religion, which affects almost all of human behavior, also affects the economy. The commands and prohibitions mentioned in many hadiths prove this. Especially in the verse 282 of the Baqarah, he orders a scribe to choose among them, to write down their debts and receivables, to remind them of the debts they have forgotten by witnessing when necessary, and to write them less or more. As it can be understood from the meaning, the Islamic Religion ordered that financial events be recorded. It is possible to associate the situation described in this Meal with the basic concepts of accounting, social responsibility, full disclosure, materiality and cost basis. Islamic Accounting emerged with the prohibition of interest by Islam. Thus, due to the fact that the interest, which is the basis of financial institutions today, is forbidden in the religion of Islam, it has led to the formation of a separate financial system in Muslim countries. Interest-free financial institutions have been established under the name of Participation Banks, Islamic Bank, Private Finance Institutions. Islamic Accounting Institutions Audit and Organization (AAOIFI) published Interest-Free Finance Auditing and Accounting standards in order to comply with international accounting standards and financial reporting standards. The published standards were published in the Official Gazette by KGK on 29.05.2019 in our country. In our study, within the framework of these published standards, the basic features and principles of Islamic Accounting and Auditing Standards were tried to be explained by associating with Islamic Religious Accounting. The purpose of our study is to examine the development of Islamic Accounting historically, examine the Islamic Finance and Banking Audit Standards, which are issued in accordance with today's international accounting and financial reporting standards, and determine their effects on accounting. The study gains importance in this aspect. Survey method with the basic principles of Islamic finance, examining bodies and institutions, working in Turkey will be explored and tried to reach goals. It is hoped that this study will contribute to accounting science and accounting literature.