Balance channel reflection of difference of differences from long-term foreign resources

With the developing technology and globalization, the interaction of the communities has increased and the effort to find common values has been concentrated. In this process, the economies of the countries have also become influenced by each other. Along with the widespread of international commercial relations, the use of short and long term resources became a current issue. There may be some problems in valuing a source that has been purchased to be paid at an advanced date. Administrative policies, economic crises, devaluation, influence the value of local currency against foreign currencies. In this context, the liabilities of the parties can sometimes be increased during the agreements made on the foreign exchange, and the tax amounts can be changed according to the exchange rate change. In this study, it is aimed to investigate in depth the effect of exchange rate difference on business partners' balances due to long term foreign resources in the context of literature information. In this study, the concept of exchange rate difference and the concept of exchange rate risk are mentioned. Also the concept of exchange rate and valuation according to the Tax Procedure Law. Long-term foreign resources and their valuations were discussed, and a monograph study was conducted on how to account for foreign exchange differences arising from long-term foreign liabilities. In the monograph study, it is first exemplified how an airline company will record the records of the aircraft insurance fee belonging to future years and months. Secondly, how the airline company will be accounted for in accordance with both the Tax Procedure Law and the Turkish Accounting Standards will be accounted for by the foreign currency denominated bank loan, and how the exchange differences arising from the transaction will be expressed as income / expense over the years.