Audit under TCC
In line with the Turkish Commercial Code (TCC) No. 6102, we audit the annual financial statements of joint-stock companies, capital companies, and certain limited liability companies subject to independent audit.
When you lose control of investments, reporting, and risks, things get messy. Our Independent Audit Service clarifies your financial statements, detects non-compliances, and places your organization on solid ground.
We bring clarity to your financial statements
We uncover non-compliance and risks
We place your organization on solid ground
Auditing is not only about checking the accuracy of financial statements; it also ensures the soundness and reliability of your company. In Turkey, organizations must cope with rapidly changing economic conditions, strict regulations, and investor expectations. For this reason, we provide Independent Audit Services under three main categories:
Through this approach, your financial data becomes clear, inconsistencies are detected early, and reporting processes turn transparent. Investor and stakeholder trust is strengthened; this assurance becomes the most valuable tool protecting your organization in Turkey’s dynamic and complex business environment.
Independent audit services tailored to local regulations, industry requirements, and SME realities.
In line with the Turkish Commercial Code (TCC) No. 6102, we audit the annual financial statements of joint-stock companies, capital companies, and certain limited liability companies subject to independent audit.
We ensure the preparation and audit of financial statements in compliance with TAS or BOBI FRS, with a special focus on BOBI FRS implementation for SMEs.
For public companies, we conduct reporting and audits according to CMB regulations, and ensure compliance of banks, insurance companies, and other financial institutions with BRSA, MASAK (Financial Crimes Investigation Board), and other regulators.
During audits, we review tax returns, withholding tax, VAT, and corporate tax obligations, minimizing non-compliance risks through CPA integration.
In Turkey, preparing and auditing financial statements is no longer just a routine procedure; it now includes serious risk management and assurance processes. Medium and large-scale companies must prepare financial reports according to TAS/TFRS or BOBI FRS and undergo independent audits.
CPATURK Independent Audit and CPA Inc. is authorized as an "Independent Audit Firm" by the Public Oversight, Accounting and Auditing Standards Authority (POA) and is licensed to conduct “Public Interest Entity (PIE) Audits.”
As CPATURK Independent Audit, we are authorized by:
POA for companies subject to independent audit,
BRSA for financial sector institutions,
CMB for publicly held companies,
The Ministry of Treasury and Finance for Precious Metals Brokerage Houses and Institutions within Borsa Istanbul.
In Turkey, companies request demand-based audits to strengthen investor trust or provide additional assurance in critical financial matters.
For example:
At CPATURK, we guarantee both the accuracy of financial statements and the assurance of processes in these audits. This enables companies to confidently report to investors and stakeholders and make critical decisions based on solid data.
These audits provide a holistic approach covering not only financial statements but also risk management, processes, and technology infrastructure.
For example:
At CPATURK, we evaluate both financial and operational risks in these audits and support management in making strategic decisions on a solid basis through process and technology analysis.
As CPATURK Independent Audit, we conduct our audits under Turkish Auditing Standards (TAS),
with a systematic and assurance-driven methodology.
Our main goal is to provide a reliable opinion on financial statements
and ensure your company’s soundness.
Our audit approach is based on understanding the entity and its environment,
identifying and assessing the risks of material misstatements due to error or fraud,
and designing appropriate audit procedures to address those risks.
Independent Audit Process
Identifying audit risks by analyzing the business and environment.
In-depth review of processes and control mechanisms.
Collecting sufficient and independent evidence from financial statements and documents.
Detecting misstatements and verifying compliance with reporting standards.
Delivering transparent, reliable, and comprehensible independent audit reports.
Ensuring compliance with tax and regulations and minimizing risks.
CPA & Independent Auditor -
Managing Partner