AYGÜNAYGÜN, Davut Recep Tayyip Erdoğan Üniversitesi - Iktisadi ve Idari Bilimler Fakültesi (İİBF) - İşletme Bölümü, Turkey , KAYA, Uğur Karadeniz Teknik Üniversitesi - Iktisadi ve Idari Bilimler Fakültesi (İİBF) - İşletme Bölümü, Turkey

ACCOUNTING OF PROVISION FOR SENIORITY ALLOWANCE WITHIN FRAMEWORK IAS-19 EMPLOYEE BENEFITS STANDARD

39756

Seniority allowance practice is an important subject in which the people sometimes have dispute because of the reason that it is expenditure according to employer and it is an income for employee. Both government and international professional associations are making some regulations in order to minimize these disputes. The regulations of seniority allowance are taken part in the Labor Law numbered 4857, the Maritime Labor Law numbered 854 and the Press Labor Law numbered 5953. In parallel with the global developments international accounting standards council also published IAS 19 Employee Benefits Standard on this seniority allowance subject. Mentioned Standard translated into Turkish as “TMS 19 Employee Benefits” and brought in practice. But Labor Law and this accounting standard have some differences while working on seniority allowance. So the aim in this study is to explain the accounting of the seniority allowance with examples starting from regulations of TMS 19 Employee Benefits Standard.

151

Seniority Allowance , IAS 19 , Provision For Seniority Allowance , Accounting

The International Journal Of Economic and Social Research

169