Abstract:

Today, the cost method used in financial reporting has started to replace to the fair value method(FVA), which is a market-based measurement. Therefore, financial information users, business managers, investors, etc. for many individuals and institutions, it is of great importance to present assets or liabilities at fair value in financial reporting.Researches on fair value in our country have generally been found to be on the effect of FVA on financial statements. In recent years, it has been observed that studies on the level of use of fair value over a certain asset and the factors that affect the use of fair value. In this study, using the content analysis method, the levels of using the FVA in some of the assets (Fixed Assets Held for Sale, Financial Investments, Derivative Instruments, Tangible Fixed Assets, Financial Leasing Transactions, Affiliates and Business Partnerships, Intangible Assets, Investment Properties and Biological Assets) in the financial statements of 164 companies in the manufacturing sector traded in Borsa Istanbul between the years 2013-2017 were revealed. As a result, the first four assets in which the fair value is used the most were determined as derivative instruments, investment properties, biological assets and financial investments respectively.

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