The Accounting under Turkish Accounting Standarts (TAS) and Turkish Financial Reporting Standards (TFRS) of the Financial Assets Purchased for Short Term Purposes

The regulation of accounting and financial statements with the new turkish trade code has been started on the basis of turkey financial reporting standards (tfrs) and turkey accounting standards (tas), which is the counterpart in turkey’s international financial reporting standards (ifrs) and international accounting standards (ias). the purpose of this study is to show how to manage short-term financial assets purchased for purposes of accounting records within the scope of tfrs and the tms. in the study, accounting practices relating to finacial assets purchased for short term purposes suggestions were made as part of the new accounting plan draft.