The main purpose of this study is to examine the factors that affect delays in the signing of audit reports in Turkey. The audit delay is measured as a function of the number of days that elapse from the accounting period until the date when the audit report is signed. This study utilizes a sample of 508 firms listed on the Borsa Istanbul in 2013. The findings indicate that the companies that report net income, that have standard audit opinion release their audited financial statements earlier. Variables such as auditor firm and leverage show no significant relationship with audit delay.

The purpose of this study is to examine the impact of chosen macroeconomic indicators on industrial corporate performance. In the analysis, economic profitability ratios of Turkey's top 500 industrial firms, which represent the Turkish economy, have been used to estimate performance. In order to determine the effects of macroeconomic indicators, panel data with a non-linear instrumental variables estimator, Arellano Bond generalized methodology of moments (GMM) was used between the period of 2002 and 2012. As a result of the analysis, gross domestic product, inflation rate, the rate of domestic debt interest payments to the net new borrowing and the rate of domestic debt interest payments to total income tax have a direct relationship with corporate performance. On the other hand, exchange rate, interest rate and the rate of short term foreign debts to central bank international reserves have an inverse relationship.

ÖZVadeli işlem sözleşmeleri, işletmelerin maruz kaldığı riskleri en aza indirmek amacıyla kullanılan finansal araçlardır. Vadeli işlem sözleşmelerinde en çok kullanılanlardan biri faize dayalı swap sözleşmeleri-dir. Faize dayalı swap sözleşmelerinde taraflar, belirli bir süre boyunca belirli miktarlarda ödeme yüküm-lülüklerini birbirleriyle takas ederler. Faize dayalı swap sözleşmeleri riskten korunma veya spekülatif amaçlı gerçekleştirilmektedir. Sözleşmeye hangi amaçla taraf olunuyorsa, buna göre bu işlemlerden sağ-lanan kazanç ya da kaybın muhasebeleştirilmesi ve raporlanması da farklılık gösterecektir. Swap sözleş-mesin amacı riskten korunma ise bu durumun finansal tablolara da yansıtılması gerekir. Bu çalışma kapsamında faize dayalı swap işlemlerinin muhasebeleştirilmesi Uluslararası Muhasebe Standartları (IAS)/Uluslararası Finansal Raporlama Standartları (IFRS) çerçevesinde ele alınmıştır. Vadeli işlemlerin muhasebeleştirilmesi, uluslararası standartlarda riskten korunma temeline dayanır. Bu nedenle, bu çalış-mada riskten korunma amaçlı bir swap örneği verilip, süreç içindeki yapılması gereken işlemler ve dönem sonunda mali tabloların nasıl etkilendiği anlatılmıştır. ACCOUNTING FOR INTEREST RATE BASED SWAP CONTRACTS ABSTRACTContracts are financial instruments that are used to minimize the risks companies incur. Interest rate swap contracts, are among the most used derivatives contracts. Parties of theinterest rate swap contracts, exchange the engagement of payments of certain amounts that they should to do for a certain period of time. Interest rate swapscontractsarepracticedforhedgingorspeculating. The accounting of profit or loss varies depending on the aim of being a part of the contract.It should be expressed in the financial statements if the purpose of swap contracts is hedging. In this study, accounting of interest rate swap contracts was discussed in the scope of the International Accounting Standards (IAS) / International Financial Reporting Standards (IFRS). Since in international standards, the accounting of derivative contracts are based on hedging, a case study of swap with the purpose of hedging was reported in this study. Besides, the proceduresshould be followedduringtheprocessand how thefinancialstatementswere affected was herein discussed.