Leasing is a financial tool which is commonly used in the world. As per the Law dated 10.06.1985, numbered 3226 and leasing accounting standards numbered 17 in Turkey, principles regarding recognition of leasing operations have been prepared. Although these amendments have been made within the related law, different problems have been experienced concerning the leasing. Turkey accepted that international accounting standard numbered 17 of Accounting Standards Board can be implemented n Turkey in the same way. In our study, it is given information regarding the applicability of International Accounting Standards 17 in Turkey and accounting transactions.
Keywords: International, Accounting, Leasing, TAS 17, Standard, Financial