COMPLIANCE WITH IAS 24 RELATED PARTYDISCLOSURES AND AUDIT COMMITTEEEFFICIENCY: EVIDENCE FROM MANUFACTURINGFIRMS LISTED ON THE BIST

Yıl: 2021 Cilt: 14 Sayı: 2 Sayfa Aralığı: 479 - 510 Metin Dili: İngilizce İndeks Tarihi: 03-10-2021

COMPLIANCE WITH IAS 24 RELATED PARTYDISCLOSURES AND AUDIT COMMITTEEEFFICIENCY: EVIDENCE FROM MANUFACTURINGFIRMS LISTED ON THE BIST

Öz:
Although the International Accounting Standards Board states that over 166 jurisdictions have globally adopted IFRS/IAS, this statement, unfortunately, overlooks the reporting firm's financial statements' actual compliance level. Despite the international accounting communities' continued efforts, there remains a worrying trend of non-compliance within financial statements prepared according to the International Financial Reporting Standards. Serving as a mechanism towards ensuring that the firms' financial reports are understandable, transparent and reliable, and prepared following the current legislation and international accounting standards, the Audit Committee (AC) is uniquely positioned to increase the quality of information produced by organizations. By employing the International Accounting Standard 24 "Related Party Disclosures", this paper aims to empirically measure Turkish manufacturing firms' compliance levels listed on the BIST within 2019. Moreover, the paper attempts to analyze the driving role AC characteristics play in increasing compliance within the firms. It is hoped that the results of this research will hold particular importance for researchers and regulatory agencies in promoting further improvements of the Audit Committee.
Anahtar Kelime:

UMS 24 İLİŞKİLİ TARAF AÇIKLAMALARINA UYUM VE DENETİM KOMİTESİ VERİMLİLİĞİ: BIST'TE LİSTELENMİŞ ŞİRKETLER ÜZERİNE AMPİRİK BİR ANALİZ

Öz:
Uluslararası Muhasebe Standartları Kurulu küresel olarak 166 ülkenin UMS/ UFRS'yibenimsemiş olduğunu beyan etsede, firmaların standartlar ile gerçek uyumluluk düzeyi gözardı edilmektedir. Uluslararası muhasebe topluluklarının tüm çabalarına rağmenstandartlara tam uyum sağlanamamış ve dipnotlarda süregelen uyumsuzluk literatürdetartışma konusu olmuştur. Finansal raporların anlaşılabilir, şeffaf ve güvenilir bir şekildeyürürlükteki mevzuata ve uluslararası muhasebe standartlarına uygun hazırlanmasınayönelik önemli bir görev üstlenen Denetim Komitesinin bilgi kalitesini artırma yönündefayda sağlayacağı ileri sürülmektedir. Uluslararası Muhasebe Standardı 24 "İlişkili TarafAçıklamalarını" baz alan bu çalışmada, 2019 yılında BIST'te listelenen imalat şirketlerinindipnot uyum düzeylerini analiz etmektedir. Buna ek olarak, çalışma şirketlerde uyumdüzeyini artırma yönünde Denetim Komitesi karakteristiklerinin rolünü ampirik olarakölçmeyi amaçlamaktadır. Analiz sonuçlarının Denetim Komitelerinin fonksiyonunun dahada geliştirilmesi amacıyla araştırmacılar ve düzenleyici kurumlar için önem arz edeceğiumut edilmektedir.
Anahtar Kelime:

Belge Türü: Makale Makale Türü: Araştırma Makalesi Erişim Türü: Erişime Açık
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APA Cagle M (2021). COMPLIANCE WITH IAS 24 RELATED PARTYDISCLOSURES AND AUDIT COMMITTEEEFFICIENCY: EVIDENCE FROM MANUFACTURINGFIRMS LISTED ON THE BIST. , 479 - 510.
Chicago Cagle Melissa Nihal COMPLIANCE WITH IAS 24 RELATED PARTYDISCLOSURES AND AUDIT COMMITTEEEFFICIENCY: EVIDENCE FROM MANUFACTURINGFIRMS LISTED ON THE BIST. (2021): 479 - 510.
MLA Cagle Melissa Nihal COMPLIANCE WITH IAS 24 RELATED PARTYDISCLOSURES AND AUDIT COMMITTEEEFFICIENCY: EVIDENCE FROM MANUFACTURINGFIRMS LISTED ON THE BIST. , 2021, ss.479 - 510.
AMA Cagle M COMPLIANCE WITH IAS 24 RELATED PARTYDISCLOSURES AND AUDIT COMMITTEEEFFICIENCY: EVIDENCE FROM MANUFACTURINGFIRMS LISTED ON THE BIST. . 2021; 479 - 510.
Vancouver Cagle M COMPLIANCE WITH IAS 24 RELATED PARTYDISCLOSURES AND AUDIT COMMITTEEEFFICIENCY: EVIDENCE FROM MANUFACTURINGFIRMS LISTED ON THE BIST. . 2021; 479 - 510.
IEEE Cagle M "COMPLIANCE WITH IAS 24 RELATED PARTYDISCLOSURES AND AUDIT COMMITTEEEFFICIENCY: EVIDENCE FROM MANUFACTURINGFIRMS LISTED ON THE BIST." , ss.479 - 510, 2021.
ISNAD Cagle, Melissa Nihal. "COMPLIANCE WITH IAS 24 RELATED PARTYDISCLOSURES AND AUDIT COMMITTEEEFFICIENCY: EVIDENCE FROM MANUFACTURINGFIRMS LISTED ON THE BIST". (2021), 479-510.
APA Cagle M (2021). COMPLIANCE WITH IAS 24 RELATED PARTYDISCLOSURES AND AUDIT COMMITTEEEFFICIENCY: EVIDENCE FROM MANUFACTURINGFIRMS LISTED ON THE BIST. Muhasebe ve Vergi Uygulamaları, 14(2), 479 - 510.
Chicago Cagle Melissa Nihal COMPLIANCE WITH IAS 24 RELATED PARTYDISCLOSURES AND AUDIT COMMITTEEEFFICIENCY: EVIDENCE FROM MANUFACTURINGFIRMS LISTED ON THE BIST. Muhasebe ve Vergi Uygulamaları 14, no.2 (2021): 479 - 510.
MLA Cagle Melissa Nihal COMPLIANCE WITH IAS 24 RELATED PARTYDISCLOSURES AND AUDIT COMMITTEEEFFICIENCY: EVIDENCE FROM MANUFACTURINGFIRMS LISTED ON THE BIST. Muhasebe ve Vergi Uygulamaları, vol.14, no.2, 2021, ss.479 - 510.
AMA Cagle M COMPLIANCE WITH IAS 24 RELATED PARTYDISCLOSURES AND AUDIT COMMITTEEEFFICIENCY: EVIDENCE FROM MANUFACTURINGFIRMS LISTED ON THE BIST. Muhasebe ve Vergi Uygulamaları. 2021; 14(2): 479 - 510.
Vancouver Cagle M COMPLIANCE WITH IAS 24 RELATED PARTYDISCLOSURES AND AUDIT COMMITTEEEFFICIENCY: EVIDENCE FROM MANUFACTURINGFIRMS LISTED ON THE BIST. Muhasebe ve Vergi Uygulamaları. 2021; 14(2): 479 - 510.
IEEE Cagle M "COMPLIANCE WITH IAS 24 RELATED PARTYDISCLOSURES AND AUDIT COMMITTEEEFFICIENCY: EVIDENCE FROM MANUFACTURINGFIRMS LISTED ON THE BIST." Muhasebe ve Vergi Uygulamaları, 14, ss.479 - 510, 2021.
ISNAD Cagle, Melissa Nihal. "COMPLIANCE WITH IAS 24 RELATED PARTYDISCLOSURES AND AUDIT COMMITTEEEFFICIENCY: EVIDENCE FROM MANUFACTURINGFIRMS LISTED ON THE BIST". Muhasebe ve Vergi Uygulamaları 14/2 (2021), 479-510.