ANOMALY OF PRODUCTION PRODUCTS IN CURRENT ACCOUNTING PARADIGM

Companies which are located in the entertainment and media sector, offer products such as film, advertising and music etc. to their general or private customers. There are many questions such as whether the production product is a stock or not, whether it can be evaluated as a fixed asset or not, the costs incurred will be followed in which account, which items will be included in the cost elements, what will be the cost of the copied product if the same product is copied and sold, revenue-expense matching. In this study, the above mentioned problems are aimed to be discussed and clarified within the framework of the Conceptual Framework, TMS-2, TMS-37, TMS-38 and TFRS-15 and “Generally Accepted Accounting Principles”. The process of accounting for production products causes anomalies in its current state. Whether this anomalous effect requires a different perspective on accounting is discussed