Özet:

Companies need to be in a certain size to be able to pursue economic growth, to meet the constantly growing population demand and to be able to stand up with superior competitive conditions. “Business Associations” is one of the forms of business growth.  Business associations in Turkey are defined and regulated by legal regulations and accounting standards. The procedures and principles relating to the unification of are detailed in the Turkish Trade Act (TTK), the procedures and principles relating to the taxation of profits arising from the unification are regulated in the Institutional Tax Act (KVK). The procedures and principles relating to the accounting of joint transactions are detailed in the Turkish Financial Reporting Standard 3 (TFRS 3) "Business Joint" Standard. In this study, explanatory examples were made by giving information about corporate unions and the aspects to be taken into account in their accounting.