In Turkey, public interest entities subject to independent audit are required to prepare their individual and/or consolidated financial statements in accordance with the Turkish Accounting Standards/Turkish Financial Reporting Standards (TAS/TFRS), while other entities are obliged to prepare their financial statements in accordance with the Financial Reporting Standard for Large and Medium-Sized Enterprises (FRS for LMEs). The entities that are not subject to independent audit are required to prepare their financial statements on the basis of the Financial Reporting Standard for Small and Micro-Sized Enterprises (FRS for SMEs). The obligation to apply different financial reporting frameworks in the preparation of the financial statements of entities subject to independent audit and entities that are not subject to independent audit raises the question of whether there are similarities and differences between the financial reporting frameworks. This study aims to answer the research question "What are the similarities and differences between the three financial reporting frameworks (TAS/TFRS Set, FRS for LMEs and FRS for SMEs) in terms of their regulations on the presentation of financial statements?". This study was conducted by analyzing TAS/TFRS 2023 Set, FRS for LMEs, FRS for SMEs and the related literature. The results obtained from the study can be summarized as follows: In terms of the regulations on the presentation of financial statements, the most differences / least similarities are between TAS / TFRS Set and FRS for SMEs, while the least differences / most similarities are between FRS for LMEs and FRS for SMEs. There are also similarities and differences between the TAS/TFRS Set and the FRS for LMEs. The differences between the TAS/TFRS Set and FRS for LMEs are less than the differences between the TAS/TFRS Set and FRS for SMEs, while the similarities are greater. As a result, the FRS for SMEs adopts a simpler, clearer and simpler reporting approach than the other two standards in terms of regulations regarding the presentation of financial statements. FRS for LMEs introduces a simpler and easier-to-apply regulation compared to the TAS/TFRS Set. These results are consistent with the reason for establishing of the FRS for LMEs and FRS for SMEs