Audit

With the globalization of the world economy, the need for businesses to expand abroad, merge, be compared at national and international levels, and obtain financial resources from international investors has arisen. Differences in legal regulations in countries cause the reports that businesses present to their investors to differ and prevent the comparability of the reports. Providing transparent, comparable and impartial statements to financial statement users requires extensive experience and knowledge. Our work within the scope of our audit services is aimed at preparing accurate, impartial and internationally accepted reports that financial statement users need.

INDEPENDENT AUDIT

Our services we offer within this scope:

• Audit of financial statements prepared in accordance with IFRS / IFRS (International Financial Reporting Standards) and consultancy on this matter
• Audit of financial statements prepared in accordance with US GAAP (United States Accounting Standards) and consultancy on this matter
• Audit of financial statements prepared in accordance with UK GAAP (United Kingdom – England Accounting Standards) and consultancy on this matter
• Audit of financial statements prepared in accordance with CMB (Capital Markets Board) legislation and consultancy on this matter
• Audit of financial statements and consultancy on this subject in accordance with BRSA (Banking Regulation and Supervision Board) legislation
• Audit of financial statements and consultancy on this subject in accordance with EMRA (Energy Market Regulatory Authority) legislation
• Audit of financial statements and consultancy on this subject in accordance with the legislation of the Undersecretariat of Treasury General Directorate of Insurance
• International Accounting Standards and International Financial Reporting Standards training
 

SPECIAL INSPECTION

Compliance Audit (Agreed Upon Procedures Reports)

It is a type of control aimed at determining the extent to which practitioners comply with the rules set by a certain authority. The most important and major difference between Independent Audit and Compliance Audit is that in compliance audit reports, auditors do not give an independent auditor’s opinion, but they investigate the accuracy of the financial information that the entity requesting the report wants to be determined by applying independent audit methods and report their findings.

– Activity Audit

Operational auditing is more comprehensive than both financial statements auditing and compliance auditing. Operational auditing is related to the success of business management as a whole, business policies determined by the management, all activities, businesses and transactions that may affect the effectiveness of business activities positively or negatively, and all decisions taken in this nature. For this reason, operational auditing is more difficult and comprehensive. The purpose of the operational audit is to determine whether the standards determined by the business management have been achieved.

– Inner control

Internal auditing is an independent and objective assurance and consultancy activity that aims to improve an organization’s operations and add value to them. Internal audit helps the organization achieve its goals by bringing a systematic and disciplined approach to evaluate and improve the effectiveness of the organization’s risk management, control and corporate governance processes.

Internal audit makes a great contribution to establishing managerial accountability in companies and institutions. It has a preventive nature as a part of risk management. It improves corporate governance quality and increases corporate value. It provides assurance for shareholders and stakeholders.

– Cheating and Irregularity Auditing

As companies grow in our global world, control weakens. This lack of control can cause a conscious and irregular decrease in the assets of companies through malicious employees. These crimes are of great importance to the companies’ investors, rights holders, and legal authorities.

It is important that the audit of whether there is a decrease in the company’s assets due to irregularities is carried out by independent, impartial people who have knowledge and experience in this regard.