Energy and Natural Resources

Licence compliance, asset valuation and currency risk in power generation, distribution, renewable energy and mining companies.

In energy companies assets are large, investment periods long and revenues regulated. Impairment tests, licence and regulatory compliance and the currency effect therefore stand out in the audit.

Audit focus

  • Useful lives and impairment of plant and infrastructure assets (IAS 36)
  • Recognition of feed-in tariff, capacity mechanism and tariff revenues
  • Foreign-currency debt and project finance covenant compliance
  • Decommissioning and environmental rehabilitation provisions
  • Compliance with energy regulator licence obligations

Our experience

Besides wind, solar and hydropower plant owners, we audit electricity distribution and wholesale companies.

Main audit risks

  • Asset impairment
  • Currency effect
  • Regulated revenue recognition

Services we provide

  • Independent audit
  • Project finance reporting
  • TSRS carbon reporting

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WhatsApp +90 212 276 48 30 info@sahihdenetim.com.tr