MEASURING THE LEVEL OF COMPLIANCE WITH INTERNATIONAL ACCOUNTING STANDARDS AND INTERNATIONAL FINANCIAL REPORTING STANDARDS REGARDING THE FINANCIAL INSTRUMENTS: COMPARATIVE ANALYSIS OF BIST 100 AND FTSE 100.

Yıl 2023, , 183 - 206, 10.05.2023

Nesil İşbil , Figen Zaif

https://doi.org/10.55322/mdbakis.1217877

Öz

This study aims to measure the level of compliance with the International Accounting Standards (IAS) 32, 39, International Financial Reporting Standards (IFRS) 7, 9 standards, and determine the factors affecting the level of compliance. The factors affecting the level of compliance as the business size, level of multinationality, financial leverage ratio, free float rate, audited by four big audit firms, and trading in more than one market, are examined in this study. The financial statements of the publicly traded companies indexed in Borsa Istanbul (BIST) 100 and the London Stock Exchange (FTSE) 100 for the periods 2018-2019 were examined comparatively to reveal the effects of the mandatory adoption of IFRS 9. Cooke’s (1989) total disclosure score is used to compute the compliance level. The results indicate that the compliance level of the companies in the FTSE 100 index was higher than BIST 100, and the business size factor affected the compliance level in both countries’ stock exchanges.

Anahtar Kelimeler

IFRS 9, IAS 32 Financial Instruments, Compliance Level, Compliance Factor

FİNANSAL ARAÇLARA İLİŞKİN ULUSLARARASI MUHASEBE STANDARTLARI İLE ULUSLARARASI FİNANSAL RAPORLAMA STANDARTLARINA UYUM DÜZEYİNİN ÖLÇÜLMESİ: BIST 100 VE FTSE 100 KARŞILAŞTIRMALI ANALİZİ

Öz

Çalışmanın amacı, finansal araçlara ilişkin Uluslararası Muhasebe Standartlarından (IAS) 32 ve 39 no.lu standartlar ile Uluslararası Finansal Raporlama Standartlarından (IFRS) 7 ve 9 no.lu standartlara uyum düzeyini ölçmek ve uyum düzeyine etki eden faktörleri belirlemektir. Çalışmada uyum düzeyine etki eden faktörler; işletme büyüklüğü, çok ulusluluk düzeyi, finansal kaldıraç oranı, halka açıklık oranı, dört büyük denetim firması tarafından denetlenmesi ve birden fazla piyasada işlem görmesi olarak ele alınmıştır. Karşılaştırmalı tespitleri de ortaya koyabilmek için Borsa İstanbul (BIST) 100 ve Londra Borsası (FTSE) 100 endeksinde işlem gören halka açık şirketlerin 2018-2019 dönemi finansal tabloları inceleme konusu yapılmıştır. Araştırmaya 2018-2019 döneminin konu edilmesinin neden iülkemizde IFRS 9 zorunlu uygulamasının 2018 yılında başlamasıdır. Uyum düzeyi hesaplanırken Cooke (1989)’un toplam açıklama skoru kullanılmıştır. Araştırma sonucunda FTSE 100 endeksinde yer alan işletmelerin uyum düzeyi daha yüksek çıkmış ve her iki ülke borsasında da işletme büyüklüğünün uyum düzeyine etki eden faktör olduğu tespit edilmiştir.

Anahtar Kelimeler

IFRS 9, Finansal Araçlar, Uyum Düzeyi, Uyum Faktörü, IAS 32

Kaynakça

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