Measurement of International Financial Reporting Standards For SMES and Basel III Criteria Perception Of Independent Auditors: A Case Study For Afyonkarahisar

International Financial Reporting Standards and Basel III criteria are two important regulations closely related with SMEs. Aim of the study is to evaluate the IFRS for SMEs and Basel III criteria perception of independent auditors who received an education about full IFRS and who have taxpayers as “SME”. For this purpose, a survey was conducted to the independent auditors in Afyonkarahisar. The results of descriptive statistics and correlation analysis of the obtained data shows that the independent auditors have positive perception about IFRS for SMEs and Basel III criteria and the correlation coefficients between IFRS for SMEs and Basel III criteria have a value within the range of 0,598 to 0,785 which shows a strong relationship between IFRS for SMEs and Basel III criteria. As for the result of T-test, it was found that independent auditors’ perceptions about IFRS for SMEs show statistically significant differences in terms having taxpayer(s) subject to IAS/IFRS and in terms of defining IFRS for SMEs as “simple, clear and easy to compliance” or “difficult, complex and arduous to compliance” and it was also found that independent auditors’ perceptions about Basel III criteria show statistically significant differences in terms of having taxpayer(s) subject to IAS/IFRS.