Investigation of accounting professional members' perspectives on FRS for SMEs: The case of Kırşehir and Kayseri provinces

Financial Reporting Standard for Small and Micro Enterprises (FRS for SMEs) was prepared by the Public Oversight, Accounting and Auditing Standards Authority and published in the Official Gazette dated 16 January 2023 and numbered 32075, and for accounts starting on or after 01/01/2023. It came into force for use in the following periods. With FRS for SMEs, the foundations of the transition from accounting for tax to accounting for information were laid. FRS for SMEs are an important application to enable businesses to see their real situation and make rational decisions. FRS for SMEs are organized in a simple manner and adopts a cost-oriented approach. With this feature, FRS for SMEs application is quite less costly compared to TAS/TFRS and FRS for LMSE. In this context, it is important that FRS for SMEs are used by professional accountants. The main purpose of the study is to determine the perspectives of professional accountants operating in Kırşehir and Kayseri provinces towards FRS for SMEs. In the study, a survey technique, one of the quantitative research methods, was applied to a total of 381 professionals operating in Kırşehir and Kayseri provinces. The data obtained were analyzed with the SPSS 26 program, and ANOVA and t tests were performed. As a result of the study, the FRS for SMEs perception levels of professional accountants were found to be at a medium level. In addition, statistically significant differences were detected between the ages, genders, education levels, provinces in which they work, working styles, marital status, professional titles and professional experiences of the professionals participating in the study and the sub-dimensions of their views on FRS for SMEs.