Financial Statement Audit

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The financial statement audit has never been more important. In today's business environment there is more scrutiny and skepticism of a company's financial statements than ever before. Investors have lost faith in corporate governance and reporting and they expect more: greater reliability, more oversight and clear evidence of internal controls. Corporate management, boards and audit committees, internal and external auditors, analysts and other investment professionals all have important roles to play in rebuilding investor trust by executing their respective responsibilities, keeping in mind both legal obligations and the heightened expectations of investors. Meeting investor expectations begins with the completeness and accuracy of information contained in a company’s financial statements.

If this is your situation

  • You are a regulated entity, either by incorporation or as a result of securities registration for trading purposes and must file audited financial statements.
  • You are a multi-national company and need a consistent, global audit methodology for your financial statements.
  • You are in the process of exploring the feasibility of changing audit firms.
  • You want your current audit firm to concentrate on providing non-audit services to your firm and you need to engage a new auditor.
  • You are concerned that your current auditor does not sufficiently understand your company and industry to perform an effective audit.

How can PwC Turkey help you?

Engagements of PwC include all the current and if need be, prospective accounting auditing and reporting issues and technical consultancy services. Among our audit clients are major conglomerates and companies of Turkey, as well as leading multinational companies and many small- and medium-sized enterprises.

Close follow-up of the prospective regulation and accounting changes, as well as the independent audit services of the financial statements pursuant to the relevant audit standard, prepared in accordance with International Financial Reporting Standards (IFRS) Generally Accepted Accounting Principles in the USA (US GAAP), generally accepted accounting principles issued by the Capital Markets Board, and accounting principles issued by relevant market regulators for different industries and technical assistance related thereto are also included in our services.