Tax procedure law and amortısement practices in agriıculutural activities within the scope of 41st international accounting standard
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CitationSüklüm, N., Akdoğan, H. Tax procedure law and amortisement practices in agriıculutural activities within the scope of 41st international accounting standard. C. Can, A. Kilimci, K. Papaja (Ed.), Social Sciences And Humanities A Global Perspective (s. 351-361) içinde. Ankara: Detay Yayıncılık.
With globalization, there have been many developments in the accounting area. Among these developments, the Institute of International Accounting Standards proposed the standards for accounting and reporting. 41st one of these standards is on agricultural activities. This standard comprises Biological assets and agricultural products in the time of harvesting. Biological assets and agricultural products are classified under the biological assets heading in the balance sheets. Among agricultural facilities, biological assets go through biological processes such as growing in quality and quantity, deterioration, production and breeding. Thus recognition of these goods is an important issue. Biological assets like farm animals and fruit trees produce goods during their lifetimes. According to this standard, for biological assets, depreciation must be allocated. As in the other standards, in this standard the method for calculating the depreciation is crucial. However when we examine the depreciation calculating and recording practices in Turkey, there are differences between Tax Procedure Law and 41st International Accounting Standards. This study examines and compares amortisement practises accordingto Tax Procedure Law and 41st International Accounting Standard and also, it propounds the discrepancy between different practices.