Factors Affecting Reporting of Key Audit Issues Within The Scope of TAS 29 Financial Reporting Standard In Hyperinflationary Economies: Evidence From BIST

Mehmet Güneş; Neriman Yalçın

Makale detayları

Factors Affecting Reporting of Key Audit Issues Within The Scope of TAS 29 Financial Reporting Standard In Hyperinflationary Economies: Evidence From BIST

Yazarlar:

Mehmet Güneş | Neriman Yalçın

Yayıncı:

Anadolu University

Ana Başlıklar:

Denetim ve Mali Sorumluluk

Dergi:

Anadolu Üniversitesi Sosyal Bilimler Dergisi Vol.25 Issue 3, pp.159-186

Belge Tipi:

Makale

Yayın Tarihi:

9/2025

Belge Dili:

Türkçe

Document ID (Org No.):

2001358798

pISSN:

2667-8683

Anahtar kelimeler:

Özet:

 Audit reports are an significant source of information for users. To increase the suitability and usability of audit reports, a new practice that includes paragraphs on key audit matters KAM has been adopted since 2016. Accordingly, issues deemed important by the auditor regarding the companies are presented in a separate paragraph. It has been observed that the inflation accounting practice that emerged with the continuous increase in the general price level in Türkiye has been reported as KAM in the 2023 audit reports. This study examines the disclosures within the scope of TAS 29 Financial Reporting Standard in High Inflation Economies reported as KAM. The findings have revealed that TAS 29 standard has an important place as a KAM in the audit reports of the companies included in the BIST TUM, and that it has expanded audit procedures and reports. The analyses have shown that KAM reporting on TAS 29 has surpassed the revenue and trade receivables issues that were in the first place in previous years, and has increased the length of the KAM paragraphs. In addition, the results also show that companies debt ratios, business size and free float ratios are effective financial variables in the reporting of the KAM on TMS 29. This study especially draws attention to the fact that the KAMs on inflation are addressed with similar expressions and methods, the relevant paragraphs are not separated from each other and the necessary importance is not given to the KAM paragraphs in the audit reports.

 Audit reports are an significant source of information for users. To increase the suitability and usability of audit reports, a new practice that includes paragraphs on key audit matters KAM has been adopted since 2016. Accordingly, issues deemed important by the auditor regarding the companies are presented in a separate paragraph. It has been observed that the inflation accounting practice that emerged with the continuous increase in the general price level in Türkiye has been reported as KAM in the 2023 audit reports. This study examines the disclosures within the scope of TAS 29 Financial Reporting Standard in High Inflation Economies reported as KAM. The findings have revealed that TAS 29 standard has an important place as a KAM in the audit reports of the companies included in the BIST TUM, and that it has expanded audit procedures and reports. The analyses have shown that KAM reporting on TAS 29 has surpassed the revenue and trade receivables issues that were in the first place in previous years, and has increased the length of the KAM paragraphs. In addition, the results also show that companies debt ratios, business size and free float ratios are effective financial variables in the reporting of the KAM on TMS 29. This study especially draws attention to the fact that the KAMs on inflation are addressed with similar expressions and methods, the relevant paragraphs are not separated from each other and the necessary importance is not given to the KAM paragraphs in the audit reports.

 Audit reports are an significant source of information for users. To increase the suitability and usability of audit reports, a new practice that includes paragraphs on key audit matters KAM has been adopted since 2016. Accordingly, issues deemed important by the auditor regarding the companies are presented in a separate paragraph. It has been observed that the inflation accounting practice that emerged with the continuous increase in the general price level in Türkiye has been reported as KAM in the 2023 audit reports. This study examines the disclosures within the scope of TAS 29 Financial Reporting Standard in High Inflation Economies reported as KAM. The findings have revealed that TAS 29 standard has an important place as a KAM in the audit reports of the companies included in the BIST TUM, and that it has expanded audit procedures and reports. The analyses have shown that KAM reporting on TAS 29 has surpassed the revenue and trade receivables issues that were in the first place in previous years, and has increased the length of the KAM paragraphs. In addition, the results also show that companies debt ratios, business size and free float ratios are effective financial variables in the reporting of the KAM on TMS 29. This study especially draws attention to the fact that the KAMs on inflation are addressed with similar expressions and methods, the relevant paragraphs are not separated from each other and the necessary importance is not given to the KAM paragraphs in the audit reports.

 Bağımsız denetim raporları, kullanıcılar için önemli bir bilgi kaynağıdır. Denetim raporlarının uygunluğunu ve kullanışlılığını artırmak için, 2016 yılından itibaren Kilit Denetim Konularına KDK ilişkin paragraflar içeren yeni bir uygulama benimsenmiştir. Buna göre, denetlenen şirketler hakkında denetçi tarafından önemli görülen konular ayrı bir paragraf halinde sunulmaktadır. Bu kapsamda, Türkiyede, fiyatlar genel seviyesinin sürekli artması ile birlikte ortaya çıkan enflasyon muhasebesi uygulamasının, 2023 yılı bağımsız denetim raporlarında KDK olarak raporlandığı görülmüştür. Bu çalışma, KDK olarak raporlanan TMS 29 Yüksek Enflasyonlu Ekonomilerde Finansal Raporlama Standardı kapsamındaki açıklamaları ele almaktadır. Araştırma bulguları, BIST TÜM endeksinde yer alan işletmelerin bağımsız denetim raporlarında, TMS 29 standardının bir KDK olarak önemli bir yer tuttuğu, denetim prosedürlerini ve denetim raporlarını genişlettiğini ortaya koymuştur. Analizler, TMS 29 konulu KDK raporlamasının önceki yıllarda ilk sırada yer alan hasılat ve ticari alacaklar konularının önüne geçtiğini ve KDK paragraf uzunluğunu artırdığını göstermiştir. Ayrıca, şirketlerin borç oranlarının, işletme büyüklüğünün ve halka açıklık oranlarının TMS 29 konulu KDK raporlanmasında etkili finansal değişkenler olduğu da araştırmanın sonuçları arasında yer almaktadır. Bu çalışma özellikle, incelenen denetim raporlarında enflasyon konulu KDKların benzer ifadelerle ve benzer yöntemlerle ele alındığına, ilgili paragrafların birbirinden ayrılmadığına, denetim raporlarında KDK paragraflarına gereken önemin verilmediğine dikkat çekmektedir.

Makale detayları

Factors Affecting Reporting of Key Audit Issues Within The Scope of TAS 29 Financial Reporting Standard In Hyperinflationary Economies: Evidence From BIST

Yazarlar:

Mehmet Güneş | Neriman Yalçın

Yayıncı:

Anadolu University

Ana Başlıklar:

Denetim ve Mali Sorumluluk

Dergi:

Anadolu Üniversitesi Sosyal Bilimler Dergisi Vol.25 Issue 3, pp.159-186

Belge Tipi:

Makale

Yayın Tarihi:

9/2025

Belge Dili:

Türkçe

Document ID (Org No.):

2001358798

pISSN:

2667-8683

TAS 29

Hyperinflationary

TSA 701

Key audit matters (KAM)TMS 29

Yüksek enflasyon

BDS 701

Kilit denetim konusu (KDK)

Sayı

Makale detayları

Yazarlar: Mehmet Güneş | Neriman Yalçın

Yayıncı: Anadolu University

Ana Başlıklar: Denetim ve Mali Sorumluluk

Dergi: Anadolu Üniversitesi Sosyal Bilimler Dergisi Vol.25 Issue 3, pp.159-186

Belge Tipi: Makale

Yayın Tarihi: 9/2025

Belge Dili: Türkçe

Document ID (Org No.): 2001358798

pISSN: 2667-8683

Sayı

Yazarlar:

Mehmet Güneş | Neriman Yalçın

Yayıncı:

Anadolu University

Ana Başlıklar:

Denetim ve Mali Sorumluluk

Dergi:

Anadolu Üniversitesi Sosyal Bilimler Dergisi Vol.25 Issue 3, pp.159-186

Belge Tipi:

Makale

Yayın Tarihi:

9/2025

Belge Dili:

Türkçe

Document ID (Org No.):

2001358798

pISSN:

2667-8683