UFRS UYGULAMALARINDA İÇ KONTROL SİSTEMİNİN ETKİSİ VE ÖNEMİ

Financial conditions of companies are explained to the public via financial statements. An expected benefit from the financial statements is to explain real financial condition of the company’s in a reliable way. Implementation of different accounting policies in different countries are getting difficult to comparability of financial statements. Especially with globalization, international capital movement has increased and importance of disclosure to the public has developed. Taking a common accounting implementation around the world is very important in terms of accounting sides. In this context, accepted the International Financial Reporting Standards/International Accounting Standards (IFRS/IAS) are created and published by the International Accounting Standards Board (IASB) all over the world. The main purpose of these standards is to explain the reality the financial statements of the financial situation of enterprises, financial performance and cash flows properly Accounting standards are regulations of principles-based and they take into consideration the judicial of business management at many points in the decision-making process. In the decision-making process management of business could take into account the different options that can change the content of financial statements. Internal control system has assumed an important role in application of accounting standards, particularly accounting estimates, the process of shaping judiciary and a realistic and accurate to the best in making decisions.