Revaluation of tangible assets within the scope of Turkish accounting system and its impact on financial statements and an application

Nowadays, with the rapid development of the economy and the effect of globalization, the importance of financial statements of companies and the information contained in these tables has increased. The information in the financial statements of businesses must be realistic and complete. Valuation procedures must be carried out in order to determine the real value of tangible fixed assets included in the financial statements of businesses. In this way, it will be possible to prepare the financial statements of businesses with the most accurate information. In the first part of the study carried out in this context, the concept of valuation was examined, and in the following part, tangible fixed assets were discussed in detail. In the last section, the effects of valuation transactions on the financial statements are discussed and sample applications are given. In the conclusion section, the data obtained according to the findings of the study in general are summarized. Keywords: Valuation, Tangible Assets, Effects of Valuation.