The independent audit should provide sufficient and appropriate independent audit evidence to provide reasonable assurance regarding the compliance and accuracy of the annual financial statements and other financial information of the enterprises with the criteria determined for these statements and information (for example, the financial reporting standards determined or accepted by the Board for the financial statements of publicly traded companies). It refers to the application of all necessary independent auditing techniques stipulated in the generally accepted independent auditing standards, auditing on the books, records and documents, evaluating and linking to the report in order to obtain
Based on this definition, we, together with our team and solution partners, carry out our independent audit services in accordance with International Financial Reporting Standards and Generally Accepted accounting principles published by the Capital Markets Board.
Our Audit Services are gathered under 3 main groups;
Special Purpose Independent Audit services
Independent audit of financial statements to be submitted abroad in accordance with International Financial Reporting Standards (IFRS)
Independent audit of financial statements to be submitted in accordance with Generally Accepted Accounting Principles
Special audit services provided in case of acquisition, merger and division
Independent audit of consolidated financial statements
Independent audit services for special requests of companies
Internal Audit services
Control of Official Books and records
Control of all contracts and tax returns, SSK declarations
Control of Purchase and Sales Invoices, income and expense accounts by drilling method
Control of personnel payrolls
Making account reconciliations with customers, banks and public institutions
Corruption Investigations (Fraud Check)
Corruption investigations, which are completely different from independent auditing, are a separate line of business. In the internal audit process, the auditors audit the financial statements and documents of the enterprises in general compliance with the standards. Although corruption is detected during the audit, a detailed and systematic separate study should be conducted on who perpetrates them and their prevention.
We can summarize the main ones of these cheats, which we will define as white collar crimes, which are non-violent and used to generate income, as follows;
Bribery and Corruption
This type of corruption usually gives money, gifts, etc. to the personnel involved in the purchasing process. realized through the provision of benefits. This method is used for reasons such as providing a large amount of invoices, expanding the transaction volume with the vendor.
Abuse of Trust
The most common employee crime is the embezzlement of company assets by breach of trust: The 3 major categories are listed below:
Cash theft (before or after entering the company records)
Unfounded (unfounded) payments
Stock thefts
Financial Statement Corruption
Financial statement fraud is the omission or deliberate misrepresentation of certain amounts in order to deceive the beneficiaries of the financial statements. Employees of the institution may commit financial statement fraud in order to hide their corruption. For example, a deficit in the safe can be closed by overestimating certain costs. Financial statement frauds are generally seen as overstating assets, revenues and profits and reducing liabilities, expenses and losses.
