A HISTORICAL OVERWIEW OF ACCOUNTING IN TURKEY
Published: 2013-01-01
Volume: No 31 - September 2013
Pages: 19|30
Authors
- Alexandru Ioan Cuza University
- Iasi Faculty
- Business Administration — FEAA
Abstract
Objectives: The purpose of this article was to review the historical evolution of accounting in the late Ottoman Empire and the modern Republic of Turkey. Prior Work: This paper is trying to extant a research to observe the historical development of accounting practices in Turkey. During the analyses around 2 authors’ books were related to this paper. Approach: During the study it was focused to collect information observation through published academic books and articles. Results: The empirical studies, evidence or experiences presented in the part of conclusion that the accounting system of Turkey have had a considerable development since the establishment of the Republic of Turkey (1923). Implications: An overview of Turkish and global sources suggested the importance of the following themes: (a) immature capitalism and a strongly hierarchical monarchy in the Ottoman Empire retarded the development of modern accounting; and (b) maturing capital and integration with the global market, especially after the decline of the oneparty state system, led to the adoption of modern accounting systems and standards in the Republic of Turkey. Value: The historical overview thus provides an illustrative discussion of how and why Turkish accounting has evolved over the past years.
Keywords: Accounting development; Turkey’s accounting system; Accounting background in Turkey
Cite this article
APA: Alexandru Ioan Cuza University, Iasi Faculty, Business Administration (2013). A HISTORICAL OVERWIEW OF ACCOUNTING IN TURKEY. Internal Auditing & Risk Management, Vol. 31, No. 31, pp. 19-30.
BibTeX:
@article{alexandruioancuzauniversity2013391,
title = {A HISTORICAL OVERWIEW OF ACCOUNTING IN TURKEY},
author = {Alexandru Ioan Cuza University and Iasi Faculty and Business Administration},
journal = {Internal Auditing & Risk Management},
year = {2013},
volume = {31},
pages = {19----30},
doi = {}
}