Correction of Financial Statements and Accounting Records
We examine record errors, classification problems and inconsistencies that arise during the preparation of financial statements. By assessing accounting records and supporting documents, we support the necessary corrections in accordance with the relevant legislation and accounting principles.
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merit@meritizmir.com.tr · Monday – Friday, 09:00 – 17:00
Scope of our services
- Re-examining balance sheet and income statement accounts
- Identifying transactions recorded in the wrong accounts
- Assessing whether income and expenses are recorded in the correct periods
- Checking accrual and period-matching entries
- Examining current account and bank balances
- Assessing inventory, fixed asset and depreciation records
- Checking the consistency between tax accounts and financial statements
- Identifying erroneous or incomplete accounting records
- Preparing the necessary correcting entries and supporting their application
- Re-assessing the consistency of the financial statements after correction
Explanation of the service boundary: The review, analysis and assessment work described in this section is carried out within the professional activities under Law No. 3568. Independent audit services requiring authorisation under Turkish Commercial Code No. 6102 and the relevant legislation are outside the scope of this work.