3. Methodology
Research has been conducted on a comparative method. Initial data was collected by questionnaire on the
subject of IFRS in 2008. It was conducted to 217 accountants who were all registered at the Chamber of
Certified Accountants of Istanbul. Second and the main part of this research was conducted on the same target
group in 2013. A questionnaire based cross sectional study was conducted to identify associations between
International Financial Reporting Standards and how adequately these standards are fit to the needs of the
Turkish SMEs.