Special (voluntary) audits

We understand that companies may have various audit requirements for different purposes, and that one size does not fit all. A company may need to report its financial results in accordance with International Financial Reporting Standards (“IFRS”) or generally accepted accounting principles in the United States (“US GAAP”) for various special reasons. PwC Turkey is very experienced in working with business owners and with the unique aspects of private companies which do not have any audit requirements.

We provide a streamlined approach for audits not required by a local or foreign regulation. Working in close collaboration with you throughout the audit process, we are able to bring practical insights around issues such as financial reporting effectiveness and internal controls.

Does my company need an audit?

There are times when an audit is either required or is undertaken to provide a full picture of the company’s financial position and operational results.

A quality audit can facilitate your company’s access to capital, and having audited financial statements readily available makes good business sense.

A quality audit for your company will help you:

• Be prepared for the changing needs of your company
• Better understand your organization’s weaknesses and strengths
• Be more confident in your business decisions
• Have more insight into your operational effectiveness, controls and risk