Possible transaction and accounting irregularities in companies not only lead to penal sanctions but also cause damage to parties such as company shareholders, the state, creditors, and business counterparts. In addition, financial statements prepared in violation of legally prescribed accounting principles may misrepresent the company’s actual financial position, resulting in significant losses.

It is of critical importance that audits aimed at determining whether there are reductions in company assets due to irregularities are carried out by independent and impartial professionals with sufficient knowledge and experience in this field.

In this context, we conduct audit activities by examining companies’ statutory accounting records and documents, interviewing employees, third parties, and other relevant stakeholders, and performing data analyses and comparative controls based on the information obtained.

Our main audit services in this area can be summarized as follows:

• Accounting irregularities and fraud audits
• Executive and employee abuse investigations
• Litigation and dispute advisory services

Stages of Fraud Audit

• Understanding the business culture
• Identifying risks within companies (Opportunity, Pressure, Incentive, Rationalization) and preparing red flag lists
• Completion of working papers
• Reporting fraud audit results to senior management and providing recommendations to prevent fraudulent activities

Benefits of Fraud Audit for Companies

• Supporting the protection of company assets
• Reducing and eliminating the tendency of management and employees to commit fraud and irregularities
• The existence of a strong fraud prevention system in a company increases the confidence of the State, investors, and society as a whole in the company, its financial statements, and its shareholders