Amendments to the Resolution on the Determination of Companies Subject to Independent Audit
The Resolution of the President dated 05.04.2024 and numbered 8313 on the Amendment to the Resolution on the Determination of Companies Subject to Independent Audit (Resolution) was published in the Official Gazette dated 06.04.2024 and numbered 32512. The amendments made to the Resolution are summarized below:
- Amendments are made to the Annexed List (I), which lists the companies subject to independent audit regardless of any criteria, and to the Annexed List (II), which lists the companies for which special thresholds are stipulated to be subject to independent audit.
- Thresholds to be subject to independent audit for companies other than those that are considered publicly traded under the Capital Markets Law and those that are listed in Annex (II) are determined as follows:
- Total assets of 150 million Turkish Liras,
- Annual net sales revenue of 300 million Turkish Liras,
- 150 employees.
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