Turkey 2013 TFRS Changes
(Doc ID 1436930.1)
Last updated on AUGUST 13, 2019
Applies to:EMEA Add-on Localizations - Version 220.127.116.11 to 12.2 [Release 11.5 to 12.2]
Information in this document applies to any platform.
The new Turkish Commercial Code went into effect on 01-July-2012. Among many topics, this new law also brings Turkish Accounting Standards (TAS) related changes, as well as introducing Turkish Financial Reporting Standards (TFRS) based reporting, starting on 01-January-2013. Details on TAS/TFRS can be found at the website of Public Oversight, Accounting and Auditing Standards Authority (http://www.tmsk.org.tr).
Oracle E-Business Suite - EMEA Add-on Localizations Development has been monitoring these recent changes and is actively working on the subject areas and features listed below, to help E-Business Suite customers' adoption of TFRS.
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