Full Certification Services
- Determination and approval of tax base`s compliance with the legislation,
- Audit of compliance of accounting transactions with the legislation,
- Correcting errors and making necessary comments and suggestions about the subject,
- Making warnings and reminders necessary for all transactions during the year,
- Taking necessary opinions from the competent authorities when needed,
- Directing the responsible persons for the preparation of quarterly provisional tax returns and examining the accuracy of the returns,
- Examining the accuracy of the period-end valuation transactions as of quarterly provisional tax periods and year-end,
- Examining and approval of the accuracy of the Balance Sheet, Income Statement and Corporate Tax Return and its annexes,
- Preparation of the Full Certification Report and delivery to the tax office in due time,
- Return of taxes paid by deduction during the year
Certification Of Vat And Excise Duty Refund Procedures
The accounts and transactions of the institutions that we provide certification services within the scope of the certification of Value Added Tax and Special Consumption Tax are subject to review, cross audits are being made with the sub-firms where goods and services are purchased. In addition, the necessary audits and analytical evaluations are made with the information writings received from the tax offices of the companies.
As ÖZER AUDIT, the following REFUND procedures are fulfilled by us.
- VAT refunds arising from the exportation of goods and services,
- VAT refunds arising from sale of goods destined for export,
- VAT refunds arising from sales to those not residing in Turkey,
- VAT refund arising from Vehicles, Oil Searchings, and Investments with Certificate of Incentive,
- VAT refunds arising from international transportation exemption,
- VAT refunds arising from transactions subject to low VAT rate,
- VAT refunds arising from partial VAT deduction,
- Excise Duty refunds arising from export of goods,
- VAT, Excise Duties and/or Special Communication Tax refund arising from other transactions
Certification Of Vat And Excise Duty Refund Procedures
- Certification services concerning the determination that the purchases within the scope of the inward processing authorization certificate are used in exportation,
- Determination operations of payment of capital,
- Certification services concerning the determination of capital increase,
- Certification services concerning capital increases by company resources (property and subsidiary sales profit, retained earnings, current year profit, reserves, payables to shareholders, special funds),
- Exemption, exception, and certification services of association, institution, foundation and similar institutions,
- Reports for Certificate of Incentives on Investments,
- Investment Completion Expertise Report for investments within the scope of investment incentives by the government,
- Reports to the banks and other credit institutions regarding credibility of our clients,
- Determinations respecting the obligation of travel agencies to obtain tourism income and to bring foreign exchange,
- Reports for the appropriateness of the financial statements and the determination of revenue,
- Examining the accounts and transactions of the management companies in the technology development zones and organized industrial zones,
- Inspection of income and expenses of unemployment insurance fund,
- Examinations of wealth and asset,
- Reports for postponement, and installment of tax returns on certain situations,
- Determination of public land assignments,
- Certification of import certificate,
- Certification services for approved person status,
- Certification of SME declaration,
- Certification service of the enterprise within the scope of SME,
- Certification service concerning the determination of “Local Content Rate” within the scope of the communiqué of domestic goods,
- Certification services of R & D expenditures assessment,
- Certification services for the transfer, division, and merger of corporations,
- Certification services for incentives, discounts, exceptions, and exemptions,
- The appropriateness of the financial statements prepared for submission to the contracting authorities and the revenue determination reports,
- Certification services for free zone activities,
- Reports for Social Securiy Institution (SSI),
- TÜBITAK “R & D Expenditure Assessment Report by Certified Auditor”,
- Reports for Withholding Tax Refunds,
- Other certification procedures that the Certified Auditors are authorized to do.
Internal Audit
Enterprises (administrations in the public sector) that aim continuous growth and development within the global competition need internal audit activities to ensure the quality of corporate governance.
The economic contribution of internal audit to the corporation;
- To assist management in determining possible risks,
- To maintain productivity in business process by evaluating the effectiveness and aptness of internal control,
- To reduce the losses that can be caused by risks.
As ÖZER AUDIT, the internal audit service, which covers the following activities, is provided.
- Helping to prevent and ensuring to find the mistakes when they are small and before they become big problem.
- Protection against damage to the Authority by an innocent (guileless) mistake or a planned corruption.
- Ensuring that operations (corporate activities) are more effective and productive.
- Ensuring the reconciliation of the actual situation and the recorded situation for all transactions, and contributing to the presentation of the reports containing the correct information to the management.
- Ensuring that all the practices related to the operations (activities) of the corporation are carried out in accordance with the relevant laws.
- Supporting structuring in accordance with the aims and objectives of the corporation.
- Ensuring the economic continuity of the corporation.
- Providing objective, reliable, expert opinion as 3. eye on all financial and operational matters for shareholders and managers.
- Providing assurance regarding effective management of risks.
Certified Audit Services
In order to obtain sufficient and appropriate independent audit evidence to provide reasonable assurance about the accuracy and compliance of financial statements and other financial information with financial reporting standards, it is to audit through books, records and documents by applying the necessary independent audit techniques stipulated in the auditing standards and to report them by evaluating.
With the amendments made in the Turkish Commercial Code, Independent Audit has also become mandatory in our country and the scope is expanding with the limits and criteria re-determined each year. In addition to enterprises` compliance with the TCC, financial statements and independent audit reports prepared in accordance with international standards expressing their real financial position are required to maintain both their foreign and domestic commercial and financial relations.
Purpose Of Auditing
The audit is conducted with the aim of creating an opinion that will provide assurance for users within the framework of the Turkish Auditing Standards regarding whether the matters subject to audit are compliant with a specified criterion, including financial statements and other financial information.
As ÖZER AUDIT., we provide an independent audit service covering the following activities.
- Independent Audit
- Independent Limited Review
- Audit of Procedures Previously Agreed on
- Compliance Audit
- Preparation of Financial Analysis Reports, composition consultancy services in composition cases with our equipped and experienced team
- Our independent audit service covers the audit of companies that are subject to independent audit within the framework of the legislation. Our independent audit service is carried out without compromising the principle of independence in accordance with the International Financial Reporting Principles and Turkish Financial Reporting Standards (TFRS). The audits of the financial reports of the companies are carried out by the personnel who have an audit license from the Public Oversight Authority and who are experienced in this field.
- To report and present the audit results in accordance with the Turkish Commercial Code No. 6102 and the Independent Audit Regulation, and to make statements to the general assembly about the audit activity and its results.
- Pursuant to Article 378 of the Turkish Commercial Code No. 6102, to recommend the establishment of a committee for the early detection and management of risks where necessary, and if so, to prepare a separate report explaining its structure and practices and to present it to the board of directors together with the audit report.
- With respect to independent audit, to fulfill the other obligations stipulated in Law no. 6102 and the relevant legislation, other than the Decree Law No. 660 and secondary legislation.
Experience
Our company has adopted the principle of providing customer-oriented and high-quality services in the field of independent audit with its large staff that have knowledge and experience, and served in the public and private sectors for many years.
Expertise
Our team consists of experts in the field of audit.
Why Independent Audit?
An independent audit is to provide reasonable assurance to all market players about whether the financial statements reflect the truth.
Process
Our independent audit service covers the audit of companies that are subject to independent audit within the framework of the legislation. Our independent audit service is carried out without compromising the principle of independence in accordance with the International Financial Reporting Principles and TFRS.
Independent Audit Service
Financial Reporting Service In Compliance With Ifrs
Our company guides you in the practices of complex International Financial Reporting Standards.
Financial Reporting For Large And Medium-Sized Enterprises (Lmse Frs)
Our expert team prepares financial analysis reports for Large and Medium-Sized Enterprises.
Independent Audit And Compliance Audit Reports For Special Purposes
We are ready to assist you with our specific independent audit services in various areas you need.
OZER AUDIT is authorized to perform independent audit of PIEs (Public interest entities: Public companies, banks, insurance, reinsurance and retirement companies, factoring companies, financing companies, financial leasing companies, asset management companies, pension funds, issuers and capital market institutions and their activity areas, transaction volumes, the number of employees they employ, and the institutions that are evaluated by the Authority within this scope, as they significantly concern the public with respect to similar criteria)