Comparison of american accounting standards and turkish accounting standards in parallel with international accounting standards on certain standards

Globalization has directed countries towards to speak the same language their financial statements to be compared, assessed and reported in equal criteria, trading inter countries. The year of foundation of 1973 International Accounting Standards Committee (IASC) that consists of ten countries application has began to make only one accounting system that will be used international level. IASC had restructured as International Accounting Standards Board(IASB). The standards published by Board have been published as Turkish Accounting Standards(TAS) in Turkey where is in convergence with Europan Union(EU) and in international operatings. The high authority of these translation and publication is Turkish Accounting Standards Board(TASB). TAS has been used as of 2005 by public held companies standing first on the application. While a lot of countries adopte these standards, America didn?t adopt them first. But recently after some agreements between FASB and IASB about harmonization, differences has been brought away. In this context, the purpose of this study is to research the similarities and differences between Statement of Financial Accounting Standards(SFAS) published by FASB and TAS that is published by TASB that in paralel with IAS on three accounting standards that elected due to the fact that enable to make comparison and important topics for companies. The study has done analysing documentation from secondary resources. According to these researches these standards have some similarities and differences. The Boards go on to try to bring away these differences.Key Words: TAS, SFAS, Harmonization, Differences