A Financial Statement Audit includes an examination of the financial tables and the evidence of the respective cross referenced data, an evaluation of the adopted accounting principles, a review of the calculations and estimations made in the preparation of the financial statements and an assessment of the general structure of financial statements.
A Limited Audit is limited to an analytical assessment of financial data and question-answer interviews with the employees responsible for the compilation of financial statements.
The objective of a Financial Statement Audit is to declare our opinion about whether or not the financial statements reflect the financial state and performance of the company in all important aspects, truthfully and in line with the respective financial reporting principles.
The objective of a Limited Audit is to determine whether or not there is anything to suggest that the financial statement does not reflect the financial state and performance of the company in all important aspects truthfully and in line with the respective financial reporting principles.
At the end of the audit, we prepare an independent audit report or independent limited audit report, and submit it to the customer. Both reports are prepared in line with the standards mentioned in the first paragraph.
HOW CAN CONSULTA HELP YOU?
Consulta can contribute significantly to the adoption of an executive accountability mentality in your company through the provision of auditing and consultancy services. In making independent and professional observations in the absence of operational blindness, Consulta is your strategic partner, bringing with it 35 years of experience, extensive knowledge and an expert team.
Based on the needs of the customers, we provide independent auditing services in line with the respective auditing standards, providing financial statements that are prepared in accordance with the: Turkish Accounting Standards, International Financial Reporting Standards (IFRS), Generally Accepted Accounting Principles of United States of America (US GAAP), Generally accepted accounting principles published by Capital Markets Board (CMB), Generally accepted accounting principles issued by Banking Regulation and Supervision Agency (BRSA),
Turkish Commercial Code and accounting principles issued by the respective market regulatory bodies of different sectors.
Besides these services, we also provide: Technical support services, Financial statement analyses and interpretation services, and Budget preparation and analysis services, all of which are provided for the preparation of financial statements in line with the generally accepted accounting principles issued by TAS, IFRS, US GAAP, CMB and BRSA, and the principles issued by the market regulatory bodies of different sectors.