Share on LinkedInShare on LinkedIn

ARTICLE · 12 AUGUST 2021

How To Replace The Independent Auditor?

ELIG Gürkaynak Attorneys-at-Law
ELIG Gürkaynak Attorneys-at-Law
Contributor
ELIG Gürkaynak Attorneys-at-Law

ELIG Gürkaynak Attorneys-at-Law

ELIG Gürkaynak Attorneys-at-Law is an eminent, independent Turkish law firm based in Istanbul. The...

View firm profile
Explore more from ELIG Gürkaynak Attorneys-at-Law

Under Turkish laws, companies that are subject to independent audit are determined based on certain criteria set forth by the legislators...

TurkeyCorporate/Commercial Law

I. General Overview

Under Turkish laws, companies that are subject to independent audit are determined based on certain criteria set forth by the legislators and those companies must appoint an independent auditor and have their financial statements audited by the independent auditor.

Independent auditor, as a rule, is appointed by the general assembly of shareholders of the company and then registered with the trade registry to become publicly available information. Independent audit is carried out based on an agreement that is executed between the independent auditor and the company seeking to receive independent audit services. Technically and legally, independent auditor should fulfil its duties and obligations until the end of the fiscal year in which it has been appointed and prepare an independent audit report reflecting its observations during the relevant fiscal year.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

See more popular content from