Communique on the standard of financial reporting to Turkey for SMEs

TEBLI From the Accounting Standards Board of Turkey:
Communique on the standard of financial reporting to Turkey for SMEs
Order no. 208
PurposeArticle 1 - (1) The purpose of this Communique is to implement the "Turkey Financial Reporting Standard for Small and Medium Size Enterprises (SMEs)" in Appendix 1 of this Communique.
Scope
Article 2 - (1) The scope of this Communique is set out in the text of the SME IFRS in Appendix 1 of this Communique.
Legal basisArticle 3 - (1) This Communique was prepared on the basis of Article 9 (b) of the Regulation on the Procedures and Principles of the Workings of the Board of Accounting Standards of Turkey, which entered into force by the Resolution of the Council of Ministers dated 24/2/2004 and numbered 2004/6924 with the Appendix-1 of the Capital Market Law dated 28/7/1981 and numbered 2499.
DefinitionsArticle 4 - (1) referred to in this Communique;
(a) TMSK and the Board: The Board of Accounting Standards of Turkey,
(b) TMS/TFRSs: Standards and Comments adopted by TMSK. These consist of Turkey Financial Reporting Standards, Turkey Accounting Standards and Comments.
(c) TMS: Turkey Accounting Standards,
(d) IFRS: Turkey Financial Reporting Standards,
(e) Comment: The text announced to the public with the approval of the Board in order to guide the implementation or clarify the standards in relation to the Turkish Financial Reporting Standards,
(f) SME TFRS: The Turkish Financial Reporting Standard for Small and Medium-sized Businesses,
It means.
EffectivenessArticle 5 - (1) This Communique and the SME IFRS in Appendix 1 of this Communique shall enter into force on the date of publication. Application-related issues are announced by TMSK with application notices to be published.
ExecutiveArticle 6 - (1) The Board of Accounting Standards of Turkey executes the provisions of this Communique

ADDRESS: http://rega.basbakanlik.gov.tr/eskiler/2010/11/20101101-3-1.doc