Independent Audit

In today's globalized world, enterprises have a growing need for investment, mergers, foreign expansions and finding financial resources. This has resulted in these enterprises seeking to meet these needs through financing agencies and international investors; hence, it has become even more important to ensure that there is an adequate and reliable flow of financial information between business enterprises.
 

However, due to the fact that each country has its own different legal regulations and accounting principles and practices, preparation of financial statements in international level has become mandatory. Thus, all of these entailed that accounting and auditing practices are prepared based on internationally recognized standards. 
 

In our works within the scope of the independent audit, the financial statements needed by users such as company managers and third parties (private financial institutions, potential investors and banks) to make strategic, operational, investment and goal-setting decisions are prepared objectively, accurately and in accordance with international financial reporting standards.
 

Furthermore, there are huge differences between the statutory financial statements of companies outside of the institutions trading in the capital markets and the financial statements that are prepared in accordance with the International Financial Reporting Standards (IFRS).
 

Moore Stephens Turkey offers the following services in the context of independent audit;

  • Advice on reorganization/restructuring/ readjustment (yineden düzenlenmesi)  of the financial statements according to the International Financial Reporting Standards (IFRS),
  • Auditing of financial statements which are prepared in accordance with the International Financial Reporting Standards (IFRS),
  • Advice on reorganization/restructuring/ readjustment (yineden düzenlenmesi)  of the financial statements according to the United States Generally Accepted Accounting Principles (US GAAP),
  • Auditing of financial statements which are prepared in accordance with the United States Generally Accepted Accounting Principles (US GAAP),
  • Advice on reorganization/restructuring/ readjustment (yineden düzenlenmesi)  of the financial statements according to the United Kingdom Generally Accepted Accounting Principles (UK GAAP),
  • Auditing of financial statements which are prepared in accordance with the United Kingdom Generally Accepted Accounting Principles (UK GAAP),
  • Auditing of companies which are under the Public Oversight Agency (POA),
  • Auditing of companies which are under the Capital Markets Board (CMB),
  • Auditing of companies which are under the Banking Regulation and Supervision Agency (BRSA),
  • Auditing of companies which are under the Energy Market Regulatory Authority (EMRA),
  • Independent financial auditing of the Agricultural Producers Association and the Central Union of Agricultural Producers, within the scope of the regulation which was prepared in accordance with the 18th Article of the Producer Unions Act No. 5200.