Business combinations of legal regulations with accounting practices Turkey financial reporting standards (3) under business combination on the case investigation

Mergers that is one of the ways for growth is a combination of two or more companies economically and legaly. Gaining a great asset and economic power as a result of mergers, the companies can protect themselves from increasing negative effects of globalization.One of the most important incentives for mergers is economic. Besides, getting benefits from scale economies and effects of synergy, having a talented management, distribution of risks via diversification and willingness for creating a big company are the other incentives that encourage mergers.Unification of the companies is not only important for increasing the efficiency and rationality but also for saving the companies that are in difficulty. This study investigates and defines unification of companies considering the national standards of accountancy. Within this scope; matters of accountancy have been examined through various aspects of unifications.Keywords: Turkey Accounting / Financial Reporting Standards, Goodwill, Consolidation.