Health busi̇nesses' adaptation to Turkish accounting standards: A case analysis

Reforms in the field of health have been carried out in our country as well as the other countries in the world, and these studies have been accelerated and continued to develop until today. In our country where the sense of social state is prevalent, most part of each year's budget is used for the field of health. As the field of health which creates a great financial burden for our country and the services which have been developed and made common under new reforms have been very costly recently, the government is planning to shift the field of health to private sector in accordance with the activities carries out with the Ministry of Health, Economy and Finance; and the government presents a lot of stimulus packages about this issue. In addition, in order to have successful investments in the field of health, as well as in the other fields, those who make investments and supervise investments should have adequate information and quality about this subject. The fact that account operators and advisors who will work in the health sector do not have enough know-how about Turkish Accounting Standards and Turkish Financial Reporting Standards causes mistaken transfers of the operations to the records of accounts, in addition, the fact that there is not enough information known about the promotions will increase the cost of the investment and may cause taking a financial bath. Because of all these reasons, the primary objective in this study to convey correct and necessary information to those entrepreneurs who would like to invest in the field of health but hesitate to do so, those who would advise these entrepreneurs, those who will work in these institutions as accounting operators, and to guide about a series of operations and procedures necessary to carry out during investments in accordance with the laws. In the first chapter of the study, brief information has been given about the types of businesses and private health sectors have been primarily discussed. In the second chapter, Turkish Accounting Standards have been touched upon, explanations have been made in accordance with how the standard development works are in Turkey and by which institutions they are carried out, what kind of problems businesses may encounter while applying the standards. In the third chapter, rules needed to be followed and technical information to be known in case of making investments in private health sector have been brought together and explained through case analysis. With case analysis, comprehensibility of the theoretical information told have become easy in the application of law articles. In the case analysis, all the necessary bureaucratic operations from the beginning of founding a private hospital have been explained step-by-step and how it should be transferred to the accounting records in accordance with the standards of the given service from the beginning of its coming into effect has been shown through monography. Key Words: Turkish Accounting Standards (TAS), Turkish Financial Reporting Standards (TFRS), Private Health Businesses, Investment Incentives, the Ministry of Health, the Ministry of Economy.