The most accurate information regarding a company’s financial performance and cash flow is provided by correctly prepared financial statements. As Alinda Independent Audit, we examine your business’s financial statements according to international auditing standards, enabling you to prove to your stakeholders that your financial data reflects the truth.
What is the Purpose of Financial Statement Audit?
A financial statement audit is the process of determining whether your business’s financial data—such as the balance sheet, income statement, and cash flow statement—has been prepared in accordance with applicable financial reporting frameworks, such as TAS (Turkish Accounting Standards), TFRS (Turkish Financial Reporting Standards), or BOBI FRS (Financial Reporting Standard for Large and Medium-Sized Entities). Our goal is to present your business’s financial picture in its most transparent form by providing reasonable assurance that your financial statements are free from ‘material misstatement.’
Advantages for Your Business
A regular and independent financial statement audit provides your business not only with legal compliance but also with corporate prestige.
Financial Discipline: Ensures the elimination of deficiencies in accounting and reporting systems and provides a more disciplined structure.
Creditworthiness: Increases your business’s credibility with banks and financial institutions, facilitating access to financing.
Shareholder Confidence: Creates a transparent and reliable source of information for current partners and potential investors.
Legal Assurance: Ensures full and complete fulfillment of the requirements of the Turkish Commercial Code (TCC) and relevant legislation.
Alinda Independent Audit Process
We conduct our audit process with a planned and systematic approach that does not disrupt your business operations:
Preliminary Preparation and Planning: We define our audit strategy by getting to know your business and the industry.
Control Tests: We test the effectiveness of your internal control system and identify risky areas.
Substantive Procedures: We examine account balances and financial transactions in detail through documents and records.
Reporting: We present the findings obtained as a result of the audit in a clear and understandable Independent Auditor’s Report in accordance with International Standards on Auditing (ISA).
Trust the experience of Alinda Independent Audit to accurately read your business’s financial map and look to the future with confidence.