Public Oversight, Accounting and Auditing Standards Authority, which is one of the top public authorities on financial auditing in Turkey, has started an important practice in terms of transparency of audit data nationwide.
With the vision of creating a high quality and reliable financial reporting and independent audit environment in Turkey, the Public Oversight Authority has carried out many important activities that will increase the quality of financial reporting and independent auditing in our country and support the work carried out by our stakeholders on independent auditing.
As a step towards extending transparency of audit data nationwide, the authority has started a new webpage programme which shows independent audit statistics made in Turkey instantly.
With this page, which we have opened for the first time on our website for this purpose, it is aimed to provide Authority’s stakeholders with transparent, high-quality and fast information regarding the general view of the independent audit activities carried out in our country since the date of entry into force of the provisions of the Turkish Commercial Code No. 6102.
The statistical data on the page are basically created instantly from the information entered into the system in the contract and report notifications made through the Public Oversight Authority Contract Information Entry System by the audit firm and auditors. In this context, first of all, numerical information about the audit contracts and audit reports notified to the authority for each accounting period is given on the page, and then the actual data is detailed and an overview of the independent audit activities carried out for the relevant accounting period is presented.
