şamil, serhat karamanoğlu mehmetbey üniversitesi - iktisadi ve idari bilimler fakültesi - işletme bölümü, Turkey , esmeray, murat erciyes üniversitesi - iktisadi ve idari bilimler fakültesi - işletme bölümü, Turkey

THE STANDARD OF TAS 36 IMPAIRMENT OF ASSETS: AN INVESTIGATION IN BIST 100

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Turkey has become acquainted with impairment of long-lived assets through International Accounting Standards without the exception of extraordinary depreciation practice by Tax Procedure Law. TAS (Turkish Accounting Standard) 36 Impairment of Assets Standard guides to determination of the impairment, (if there is) evaluation and recognition of it for the assets within the scope of the standard. The study deals with the situation determination of TAS 36 Standard’s implementation in Turkey. In this context, the asset types in the scope are examined and the im-pairments concerning each types of asset in the scope are determined. Also, the specialized topic goodwill and firms which own goodwill asset are separately examined. ISE 100 Index (Istanbul Stock Exchange) known as leading indicator is taken as sample. Financial companies are excluded from the sample, for their assets in the scope of TAS 36 Standard are at very low rate. Thereby the companies partaking in the sample are non-financial ones and the number of them is 89. The data taken from the financial statements and footnotes of these companies are analyzed with vertical analysis method. As a result, an ever-increasing situation is observed at the level of implementation by years. Besides, the necessity of more detailed explanation and comments is seen for some issues concerning estimating of the value in use.

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Impairment of assets , TAS 36 , ISE 100 , Accounting Standards

Erciyes University Journal Of Economics an‎d Administrative Sciences

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