The New Turkish Commercial Code requires the preparation and filing of annual report and affiliation report for all joint stocks companies and limited liability companies (AS and LS). The deadline for the...

The Parliament passed the Turkish Commercial Code Bill ("the New Code”) on 13 January 2011 which sets new and enhanced standards for all Turkish company boards and management. The New Code will be effective gradually. It took effect on 1 July 2012 except for IFRS ...

A big change is knocking the door of Turkish Companies: New Turkish Commercial Code (New Code). The New Code has been keeping busy the agenda of many parties in the last couple of years and it seems that it will remain the hot topic for the foreseeable future. The reason is...

Our experience in Turkey shows that owners of family businesses and bosses have the view that no significant fraud is committed on the grounds that there is a well established relationships in the company on the basis of TRUST. They often employ friends,...

A Google search on "IFRS” shows approximately 5 million hits, with content available from accounting firms, management consulting firms, government agencies and the business media...