New Turkish Commercial Code (New Code) will have significant impact on the Turkish commercial life. It is introducing many new internal mechanisms in companies which will take time and effort to establish and make them function in compliance with the New Turkish Commercial Code.

The subsequent requirements placed on companies by the New Code are challenging, but necessary. To ensure that your company is ready to the New Code, you will likely go through a preparation period where your systems will be converted to the required model dictated by the New Code.

In order for you to comply with the aforementioned changes introduced by New Turkish Commercial Code accurately and timely, Cerebra provides comprehensive New Turkish Commercial Code Readiness & Conversion Services. Our service package provides integrated solutions to your board, management and accounting and finance function which are the focal point of the New Code.

New Turkish Commercial Code Readiness & Conversion Services includes:

• Diagnostic study to identify major gaps between your company's current situation with the company model dictated by the New Turkish Commercial Code
• Risk identification and risk management
• Detailed assessment and restructuring of internal control system
• Establishment of internal audit
• Conversion of the existing accounting system into the one required by IFRS
• Financial planning,
• Management reporting
• Independent audit