The participants were asked whether the IFRS for SMEs is better than the existing
applications in Turkey. More than half of the respondents indicated that IFRS for
SMEs is better than existing applications (59.53%). 25.70% of the accounting
professionals were undecided, whereas 14.77% stated that IFRS for SMEs is not
better than existing applications. The percentage of the proponents of the IFRS for
SMEs is significantly higher than the opponents, nevertheless. Details of the
findings are presented in Figure 4.