Dspace@KTO Karatay
    • Türkçe
    • English
  • English 
    • Türkçe
    • English
  • Login
View Item 
  •   Dspace@KTO Karatay
  • MESLEK YÜKSEKOKULLARI
  • Ticaret ve Sanayi Meslek Yüksekokulu
  • Dış Ticaret
  • Diğer Atıf Dizinlerdeki Yayınlar
  • View Item
  •   Dspace@KTO Karatay
  • MESLEK YÜKSEKOKULLARI
  • Ticaret ve Sanayi Meslek Yüksekokulu
  • Dış Ticaret
  • Diğer Atıf Dizinlerdeki Yayınlar
  • View Item
JavaScript is disabled for your browser. Some features of this site may not work without it.

AN ASSESSMENT OF THE DIFFERENCE BETWEEN ISLAMIC ACCOUNTING and TRADITIONAL ACCOUNTING

KARADAĞ, Melahat
  • BibTex
  • EndNote (RIS)
Loading
NameSizeDescription
9_ab.pdf28.29Mb
Thumbnail
Date
2016-02
URI
https://hdl.handle.net/20.500.12498/1207
Metadata
Show full item record
Abstract
The purpose of this research is to reveal the difference between traditional accounting and Islamic accounting. Accounting is a field of science that is partially or wholly recording, classifying, summarizing and reporting financial transactions and events of enterprises and interpreting the conclusions of these. According to these, accounting is a field of science that is making changes on assets and resources of the enterprise, recording, classifying, summarizing by reporting financial transacctions and events of enterprises and interpreting the conclusions of these and statement is a special language providing financial information about the enterprise to its users. Political, economic, technical and social approaches among the countries of globalized world have provided a cross-border investment and commerce opportunity to investors and enterprises. This case has made it obligatory for financial information prepared by enterprises to be compliant with needs, reliable and comparable. For that reason, a single accounting language has been needed for eliminating the differences in financial reports prepared at national level and to make them comparable at international level. Therefore, International Accounting Standards (UMS/UFRS), being a revolutionary development in accounting and finance world were established. However, there have been some difficulties in application of these regulations for Islamıc Financial Instruments based on Islamic Law become rapidly widespread globally. Even though some standard regulators such as Malaysia Accounting Standards Board (MASB) stated that there is not any conflict in application of Sharia in Islamic financial Transactions on International Financial Reporting Standards (IFRS), Accounting and Auditing Organizations for Islamic Financial Institutions (AAOFI) notified that not all IFRS methods can be applied and they formulized some alternative accounting standards for certain transactions. The purpose of this research is to reveal the differences between traditional accounting and accounting used in Islamic economy and finance system foreseen as a solution against the economic crisis and attracting the interest of whole world, particularly western world in the recent years....  Show more  Show less
Keyword
accounting, IFRS, AAOIFI, Islamic
Item type
Conference Paper
Collections
  • Diğer Atıf Dizinlerdeki Yayınlar [15]

- KTO Karatay Kutuphanesi
- KTO Karatay Universitesi
- Contact Us / Send Feedback
DSpace software
Gemini
 

 


sherpa/romeo

Browse

Communities & CollectionsBy Issue DateAuthorsTitlesSubjectsBy TypeThis CollectionBy Issue DateAuthorsTitlesSubjectsBy Type

My Account

LoginRegister

Statistics

View Usage StatisticsView Google Analytics Statistics

- KTO Karatay Kutuphanesi
- KTO Karatay Universitesi
- Contact Us / Send Feedback
DSpace software
Gemini