Turkish GAAP definition

Turkish GAAP means the uniform chart of accounts applied in Turkey in accordance with the Tax Procedural Law No. 213, published in the Official Gazette dated 4 January 1961 and numbered 10703 - 10705213.
Sample 1Sample 2
Turkish GAAP means accounting principles generally accepted in the Republic of Turkey, consistently applied during the periods involved.
Sample 1
Turkish GAAP means generally accepted accounting principles in accordance with Turkish Uniform Chart of Accounts and Turkish Tax Procedural Code as of the date of the signature of this Agreement.
Sample 1

Examples of Turkish GAAP in a sentence

  • Such a claim flies in the face of logic.• The fact that Icdas itself is not a public company and is not required to prepare IFRS financial statements is not relevant to determining the basis of Turkish GAAP.

  • Icdas’ Rebuttal Brief• The petitioner’s claim that Icdas’ reported costs are not in conformance with Turkish GAAP is without merit.

  • In addition to those transactions disclosed elsewhere in these interim consolidated financial statements, the Company entered into the following related party transactions: a) For the nine months ended December 31, 2016, MVR Consulting Inc.

  • The goal of First Friends is to enable and empower refugee families, most of whom have been resettled in apartments in Cheverly, Riverdale and Landover in Prince George’s County.

  • Icdas’ IFRS financial statements are its normal books and records prepared in accordance with Turkish GAAP and there is no evidence that those financial statements do not reasonably reflect the costs.• The Department should increase Icdas’ reported costs by the percentage difference between the cost of sales under IFRS and under Turkish tax accounting.

  • She has extensive knowledge on Turkish GAAP, IFRS and other regulatory standards (e.g. Turkish Capital Markets Board).Professional and Industry ExperienceNilgün worked for KPMG Turkey as an auditor for 5 years where she gained extensive experience in audits according to International Standards on Auditing (ISAs) mainly in manufacturing, media, tourism and finance sector.She also has a total of 5 years of business experience.

  • In this case, Habas’ reported costs were based on its normal books and records that are kept in accordance with Turkish GAAP.

  • We note that this amount was recorded as a general expense in Çayirova’s audited financial statements in accordance with Turkish GAAP.

  • BOBI FRS is based on the requirements in the EU Accounting Directive, the IFRS for SMEs Standard, FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland and local Turkish GAAP and published it in the Official Gazette on 29 July 2017.

  • The questionnaire consisted of the following parts: Comparison of perceptions of Turkish GAAP and IFRS Factors contributing to a high-quality accounting system Major challenges to implementing IFRS Expected benefits and costs of conversion to IFRSQuestionnaires were mailed to Turkish listed companies during the last quarter of 2012.


More Definitions of Turkish GAAP

Turkish GAAP means the accounting principles generally accepted in the Republic of Turkey from time to time.
Sample 1

Related to Turkish GAAP

  • UK GAAP means generally accepted accounting principles in the United Kingdom.

  • Brazilian GAAP means the generally accepted accounting practices adopted in Brazil determined in accordance with the Brazilian corporate law.

  • U.S. GAAP means United States generally accepted accounting principles.

  • PRC GAAP means the generally accepted accounting principles of the PRC.

  • GAAP means generally accepted accounting principles as in effect from time to time in the United States of America.

  • IFRS means International Financial Reporting Standards as issued by the International Accounting Standards Board.

  • Canadian GAAP means Generally Accepted Accounting Principles as provided in the Handbook of the Canadian Institute of Chartered Accountants.

  • Mexican GAAP means generally accepted accounting principles in Mexico in effect on the Issue Date.

  • Accounting Principles means the international financial reporting standards (IFRS) within the meaning of Regulation 1606/2002/EC (or as otherwise adopted or amended from time to time).

  • Australian Accounting Standards refers to the standards of that name, as amended from time to time, that are maintained by the Australian Accounting Standards Board referred to in section 227 of the Australian Securities and Investments Commission Act 2001 (Cth);

  • HKFRS Hong Kong Financial Reporting Standards issued by the Hong Kong Institute of Certified Public Accountants

  • Agreement Accounting Principles means generally accepted accounting principles as in effect from time to time, applied in a manner consistent with those used in preparing the financial statements referred to in Section 5.5.

  • IAS means International Accounting Standards;

  • SAP means the SAP entity that has entered into this Agreement, as well its Affiliates.

  • Agreed Accounting Principles means GAAP; provided, however, that, with respect to any matter as to which there is more than one generally accepted accounting principle, Agreed Accounting Principles means the generally accepted accounting principles consistently applied in the preparation of the Latest Audited Company Balance Sheet; provided, further, that, for purposes of the Agreed Accounting Principles, no known adjustments for items or matters, regardless of the amount thereof, shall be deemed to be immaterial.

  • Generally Accepted Accounting Principles means the standards for accounting and preparation of financial statements established by the Federal Accounting Standards Advisory Board (or its successor agency) or any successor standards adopted pursuant to relevant SEC rule.

  • UK generally accepted accounting principles and practices means the principles and practices prevailing from time to time in the United Kingdom which are generally regarded as permissible or legitimate by the accountancy profession irrespective of the degree of use.

  • Accounting system means the Contractor's system or systems for accounting methods, procedures, and controls established to gather, record, classify, analyze, summarize, interpret, and present accurate and timely financial data for reporting in compliance with applicable laws, regulations, and management decisions, and may include subsystems for specific areas such as indirect and other direct costs, compensation, billing, labor, and general information technology.

  • Fixed GAAP Date means the Issue Date; provided that at any time after the Issue Date, the Company may by written notice to the Trustee elect to change the Fixed GAAP Date to be the date specified in such notice, and upon such notice, the Fixed GAAP Date shall be such date for all periods beginning on and after the date specified in such notice.

  • IASB means the International Accounting Standards Board;

  • International Financial Reporting Standards means the accounting standards and interpretations adopted by the International Accounting Standards Board.

  • Capital Leases means, in respect of any Person, all leases which shall have been, or should have been, in accordance with GAAP, recorded as capital leases on the balance sheet of the Person liable (whether contingent or otherwise) for the payment of rent thereunder.

  • International Accounting Standards means International Accounting Standards (IAS), International Financial Reporting Standards (IFRS) and related Interpretations (SIC-IFRIC interpretations), subsequent amendments to those standards and related interpretations, and future standards and related interpretations issued or adopted by the International Accounting Standards Board (IASB);

  • Fixed GAAP Terms means (a) the definitions of the terms “Capitalized Lease Obligation,” “Consolidated Interest Expense,” “Consolidated Net Income,” “Consolidated Net Tangible Assets,” “Consolidated Total Assets,” “Consolidated Senior Secured Net Debt Ratio,” “Consolidated Total Net Debt Ratio,” “Consolidated Total Indebtedness,” “Consolidated EBITDA” and “Indebtedness,” (b) all defined terms in this Indenture to the extent used in or relating to any of the foregoing definitions, and all ratios and computations based on any of the foregoing definitions, and (c) any other term or provision of this Indenture or the Notes that, at the Issuer’s election, may be specified by the Issuer by written notice to the Trustee from time to time; provided that the Issuer may elect to remove any term from constituting a Fixed GAAP Term.

  • Applicable Accounting Principles means, with respect to the Borrower, those accounting principles required by the ICA and prescribed by the SEC for the Borrower and, to the extent not so required or prescribed, GAAP.

  • Tax Legislation means any statute, statutory instrument, enactment, law, by-law, directive, decree, ordinance, regulation or legislative provision or generally applicable ruling (such as a revenue ruling issued by the U.S. Internal Revenue Service) enacted, issued or adopted providing for, imposing or relating to Tax; and