Investigation of Accounting Professionals’ Acceptance of Turkish Financial Reporting Standards within the Framework of Technology Acceptance Model

Abstract

It has become necessary to review the recording and reporting systems for multinational companies and investors that emerged with the increasing international capital movements as a result of globalization. This requirement has brought about a standardization that will ensure the sharing of the information produced by the accounting information system at the international level. Turkey has joined this standardization movement with Turkey Financial Reporting Standards (TFRS) which has adapted from International Financial Reporting Standards (IFRS). In this study, it is aimed that to determine the factors that affect Accounting Professionals’ acceptance of Turkish Financial Reporting Standards, and to reveal the effects of these factors on each other via Technology Acceptance Model. The research was conducted on accounting professionals (CPAs) operating in Turkey. The convenience sampling method was used in the study. The data were obtained from 388 questionnaires applied via Google docs and analyzed using IBM SPSS 22 and SmartPLS package programs. Structural Equation Modeling (SEM) analysis was conducted to test the relationships suggested in the research model. As a result of structural equation modelling analysis, it was found that facilitating conditions (β: 0,570) has a significant and positive effect on perceived ease of use. Subjective norms (β: 0,657) and perceived ease of use (β: 0,215) have significant and positive effects on perceived usefulness. Perceived ease of use (β: 0,310) and perceived usefulness (β: 0,494) have significant and positive effects on behavioral intention.