TAS 19: Assessment of employees standard and comparison with current practices

Accounting of personnel costs, which constitute an important item of cost accounting, and being reflected in the financial statements in full and in a fair manner is extremely important for those who will make investment decisions on business management. TAS 19 Employee Benefits Standard is in effect since 30.03.2006.The TAS 19 Employee Benefits Standard, which is the subject of this study, sets out the accounting principles for employee costs, which is a very important cost item for enterprises. TAS 19 Employee Benefits; short-term benefits, post-employment benefits, other long-term benefits and benefits from termination of the business relationship. In this study, the TAS 19 Employee Benefits standard will be discussed with a scientific approach by scanning the literature in every aspect. Key Words: TMS, TMS 19 Employee Benefits