Independent Audit
We audit your financial statements in line with the Turkish Auditing Standards, enabling you to present a dependable picture to your stakeholders.
Independent audit is the examination of a business’s financial statements in accordance with auditing standards and the expression of an opinion on those statements. Its purpose is to give reasonable assurance to shareholders, lenders and other stakeholders as to the accuracy of financial information.
Our audit service is carried out within the framework of the regulations of the Public Oversight Authority and the Turkish Auditing Standards. We treat the audit process not merely as an obligation but as an opportunity to strengthen the internal control structure.
Scope of Our Service
- Planning and risk assessment work
- Interim fieldwork
- Year-end audit and assessment of the financial statements
- Issuing the audit report
- Providing a management letter on internal control weaknesses
- Reporting in line with the general assembly calendar
Frequently Asked Questions
Companies exceeding at least two of the total assets, annual net sales revenue and employee number thresholds set by presidential decree in two consecutive accounting periods are subject to audit. The thresholds are updated each year.
It consists of four main stages: planning, interim fieldwork, the year-end audit and reporting.
It is delivered within the statutory deadlines before the general assembly at which the financial statements will be approved, taking the general assembly calendar into account.
Independent audit examines whether the financial statements comply with accounting standards and gives assurance to stakeholders; full tax certification audits compliance with tax legislation and gives assurance to the tax administration.
Yes. At the end of the audit, management receives a separate management letter setting out the internal control weaknesses identified and recommendations for improvement.