Abstract:

Financial statements arise as a result of the accounting policies that were selected by the business management. Lodging enterprises have numerous unique features which may affect their accounting policies. In this study, it is aimed to determine the applied accounting policies of lodging companies which implement the Turkish Accounting and Financial Reporting Standards. For this purpose, the accounting policies of publicly held lodging companies are analyzed in terms of inventories, property, plant and equipment, revenue, the effects of changes in foreign exchange rates, borrowing costs, impairment of assets, provisions, contingent liabilities, contingent assets, intangible assets standards and it is tried to determine the accounting policies applied. As a result, it is concluded that similar accounting policies were applied, explanations in the notes to the financial statements were not in a specific order and there were some deficiencies of notes to the financial statements in the analyzed companies.

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