A new amendment to Turkey's commercial books regulation has been published, introducing changes to the requirements for maintaining electronic records of business documents unrelated to enterprise accounting. The Amendment Communiqué modifies existing provisions governing digital record-keeping obligations for commercial entities.

Presidential Decision No. 11066 introduces significant changes to the threshold values that determine which companies must undergo independent audits in Turkey. This regulatory update has important implications for corporate compliance and financial reporting requirements across various business sectors.

The Audit Reform adopted by the European Union in April 2014 finally lays down the foundations for a single market for the audit of European companies.

The 2024/April issue "BDO Denet Monthly Report " where we bring together the publications prepared by BDO Turkey's experienced team has been published!

The Resolution on Determination of Companies Subject to Independent Audit ("Resolution") was published in the Official Gazette dated 30.11.2022 and numbered 32029.

The Code of Ethics for Independent Auditors (Including Independence Standards) ("Code of Ethics") entered into force after publication in the Official Gazette dated 22 September 2019 and No. 30896.

On November 2021, the IFRS Foundation announced the formation of the International Sustainability Standards Board ("ISSB") under the IFRS Foundation at COP26...

On November 2021, the IFRS Foundation announced the formation of the International Sustainability Standards Board ("ISSB") under the IFRS Foundation at COP26, the UN global summit to address climate change.

Turkey's Public Oversight Accounting and Auditing Standards Authority has enacted "ISRE 2400 Engagements to Review Historical Financial Statements" and "ISAE 3000 (revised) Assurance Engagements Other than Audits ...

Turkey has expanded regulations for practice and audit of R&D activities to now also include industrial design activities.

Turkey has introduced a new Financial Reporting Standard for Large and Medium-Sized Companies, relevant to entities which are currently subject to independent audit, but are exempt from applying the Turkish Financial Reporting Standards.

Turkey has revised accounting principles for mergers of establishments which are subject to joint control, eliminating uncertainty about this issue and ensuring consistency in practice.

The Public Oversight, Accounting and Auditing Standards Authority published a decision (“Amending Decision“) in the Official Gazette number 33139 on 16 January 2026, amending the Board Decision...

Turkey's Public Oversight, Accounting and Auditing Standards Authority has declared that if an independent audit firm has its activity permit suspended, the permit will not be cancelled...

The decision of the Council of Ministers regarding the companies subject to independent auditing has been amended.

Vergi Bölümü Ortaklarımızdan Erdal ASLAN'ın genel bakış niteliğindeki değerlendirmesinin de yer aldığı son bir ayda yaşanan önemli...

With the recent amendment, Central Bank of Turkey starts to monitor the foreign currency positions of metropolitan municipalities, municipalities, public economic enterprises and universities.

Turkey's Public Oversight, Accounting and Auditing Standards Authority ("Authority") has softened restrictions for individuals working as independent auditors.

In its original form, the Turkish Commercial Code ("TCC") dated 13 January 2011 and numbered 6102 required all joint stock and limited liability companies to perform independent audits...