Comparison of sell and rental transactions in terms of TMS-17, TFRS-16 and BOBİ FRS

In today's world, companies must make new investments to compete with other global companies. However, the financial resources required to make these investments may not always be covered by the equity of companies. In this case, companies get the opportunity to use the investments they need instead of purchasing by leasing. There may also be companies with sufficient equity. These companies want to evaluate their equity in another area and obtain their investments by leasing. Leases, which have an important position for businesses in the globalizing world, have been treated with various standards until today. While at first the operation and accounting of the leasing transactions are carried out within the scope of UMS 17 leasing standard, then TFRS 16, BOBÎ FRS standards and sell and lease back transactions were published. With the issuance of TFRS 16 rental standard, UMS 17 rental standard has been repealed. The most important feature of TFRS 16 is that assets and liabilities obtained in operating leases under UMS 17 are not recorded, while those assets and liabilities are recorded with TFRS 16. This study consists of three parts. In the first part, leasing transactions are dealt with in all dimensions. In the second part, TFRS 16, UMS 17 and BOBİ FRS part 15 leases have been examined in detail, and the necessary accounting records have been made within the scope of TFRS 16 by making comparison. In the last part, accounting and accounting records have been made on this subject by dealing with sell and lease back transactions. Keywords: Leasing, UMS 17, TFRS 16, BOBİ FRS, Sell and Lease Back and Accounting