Abstract:

In a globalizing world, the importance of information, innovation and technology has increased in intense competitive environment. The use of these factors in production emerges as indispensable factors that direct the wealth of countries by providing superiority in the competitive environment. World-wide technology development areas that are established to identify the use of these resources in production with the spirit of entrepreneurship, and various incentive and support mechanisms specific to these areas are offered. In Turkey, the incentives and supports are constantly being increased. However, the relevant legislation regarding accounting practices for incentives and supports in technology development areas is not sufficiently clear and this issue is subject to criticism by the players of the sector. Moreover, due to the lack of proper understanding of the subject, especially wrong applications regarding tax incentives and criminal sanctions can be exposed. This study aims to be a framework for the accounting of incentives and supports for companies in technology development areas. Regarding this purpose, it is aimed to examine, to identify, and to account the incentives and supports specific to the companies in the areas within the scope of the new regulations. In our study, our thoughts on the accounting practices of the incentives and supports specific to the companies in the area were shared using the case study method through hypothetical examples.

Keywords: