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Statutory Requirements for Companies

 Accounting and auditing practices must be evaluated within the framework of the New Turkish Commercial Code (TCC). To ensure more effective auditing and public oversight system, the Public Oversight Accounting and Auditing Standards Authority (KGK) was established in accordance with Public Oversight Accounting and Auditing Standards Authority’s Organisation and Responsibilities Decree Law No. 660 of 2 November 2011. Members of the management board were appointed on 14 December 2011 and the Authority started its operations as of 22 December 2011. Pursuant to the Decree Law, the Authority is the only body authorised to publish accounting and auditing standards in Turkey.

 

  • Accounting Standards And Statutory Audit
  • Statutory Books
  • ISTANBUL December, 15th 2017 / 12:58 AM

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