WE FIND SOLUTIONS THAT ARE CONVENIENT FOR THE COMPANY'S STRUCTURE IN ORDER TO COPE WITH THE COMPANY'S PROBLEMS THAT ARE SPECIFIC TO THEIR OWN INTERNAL DYNAMICS.
As Balıklı Audit Advisory, we start off on the purpose of offering our customers the most appropriate and effective solution by focusing on determining and meeting their real needs, by listening to their necessities and by analyzing thoroughly the organizational structure of each company
INTERNATIONAL FINANCIAL REPORTING STANDARDS (IFRS) / TURKISH FINANCIAL REPORTING STANDARDS (TFRS) ADVISORY SERVICES
- Compilation of Financial Statements in compliance with IFRS / TFRS
- Conversion of IFRS to TFRS
- Recognition of complex accounting transactions in compliance with IFRS / TFRS
- Providing IFRS / TFRS adaptation services for family businesses and SMEs
- Organizing theoretical and practical IFRS / TFRS training (general or specifically designed for the needs of the company)
- IFRS / TFRS Integration / Transition Training
- IFRS / TFRS Adjusting Entry Studies
- Analyzing the potential impacts of IFRS / TFRS adjusting entries on financial statements
- IAS 2 - Inventory Counting and Impairment Tests within the scope of Inventories
- IAS 36 - Impairment Tests within the scope of Impairment of Assets
- Counting, Compilation and Reconciliation of Tangible Assets
- Adaptation to new or updated accounting standards / regulations
- Calculation concerning the other long-term provisions and services for creating provisions
MANAGEMENT REPORTING ADVISORY SERVICES
- Generating Company Management Reporting Package
- Planning and systemic implementation of management report and budget
- IFRS/TFRS conversion of management reports which include actual budgets
- Reconciling management reports with IFRS
- Services for Accounting Legislation Compliance and Reporting
- Annual Reports
- Compiling the mandatory Annual Report required by the Turkish Commercial Code (TCC)
- Reviewing the financial information stated in the annual report
- Preparing comprehensive annual reports according to the company’s demands / requirements
- Consolidated Financial Statements
- Implementation of Consolidation Accounting System
- Transition of other nations' GAAP to Local GAAP
- Transition of Local GAAP to other nations' GAAP
- Providing services regarding Group / Common Chart of Accounts and Consolidation
- o Preparing Management Reporting Implementation Guides within the scope of consolidation
- Establishment of Management Reporting Unit in the Company
- Integration / Transition Training for Management Reporting
ACCOUNTING ADVISORY AND MANAGEMENT SERVICES
- Providing support for Accounting Departments
- Providing temporary manager and staff support who are specialized in IFRS/ TFRS for finance, financial affairs, management reporting, and budget related activities
- People Management and Organizational Advisory within the Scope of Financial Affairs
- Organization structuring
- Family Business Services
- Constituting Accounting Guide
- Preparation and Development of Accounting and Finance Processes and Procedures
- Composition of Group / Common Chart of Accounts
- Technical Advisory for Specific Accounting Issues
- Specialization Training Financial Affairs
MERGERS AND ACQUISITION ADVISORY SERVICES
- Merger and Acquisition Support and Technical Advisory
- Financial Reporting Preparation and Support during Pre-Merger
- Financial Reporting Preparation and Support during Merger and Acquisition
- Financial Reporting Preparation and Support during Post Merger
- Valuation Services
- Preparation of proforma and prospective financial statements
- Constituting Data room and providing support for its management
- Support for Roadshow presentations
INDEPENDENT AUDIT ADVISORY
- Technical Advisory within the scope of International Standards on Accounting (ISA) and Turkish Standards on Auditing (TSA)
- Establishment of Independent Audit Departments specific for the Company
- Independent Audit Trainings in compliance with ISA / TSA
INTERNAL AUDIT AND CONTROL SERVICES
- Internal Audit and Control Support
- Establishment of Internal Audit Unit in the Company
- Designing the Internal Audit Procedure and Program
