Real Estate and Construction
Revenue recognition, investment property valuation and project costs for housing developers, contractors and REITs.
- Audited entities
- 31 organizations
- Sector team
- 8 experts
- Responsible partner
- Dr. Kaan Yücesoy
Manufacturing and Industry
Inventory valuation, cost accounting and incentive compliance for automotive suppliers, machinery, textile and chemical manufacturers.
The largest items in a manufacturer's balance sheet are usually inventories, trade receivables and property, plant and equipment. The audit therefore focuses on the existence and valuation of inventory and the accuracy of cost accounts.
Audit focus
- Observing stock counts and net realisable value testing (IAS 2)
- Allocation of production cost and tracking of scrap and work in progress
- Depreciation policies for machinery and equipment
- Accounting for investment incentive certificates and R&D allowances
- Export receivables and exchange differences
Outcomes
Our management letters mostly contain concrete improvement suggestions on inventory security, the costing system and collection policies.
Main audit risks
- Inventory valuation
- Cost allocation
- Export receivables
Services we provide
- Independent audit
- YMM certification (R&D)
- Transfer pricing
Similar items
Retail and Fast-Moving Consumer Goods
Stock counts, lease liabilities, loyalty programmes and returns provisions for store chains and FMCG distributors.
- Audited entities
- 26 organizations
- Sector team
- 7 experts
- Responsible partner
- Nilüfer Tezcan
Food and Agriculture
Biological assets, inventory valuation and agricultural grants at food producers, farms and exporters.
- Audited entities
- 21 organizations
- Sector team
- 5 experts
- Responsible partner
- Hakan Özgürel