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Audit and advisory for Services and Technology

Q: How can companies in Services and Technology get a proposal?

Simply share your company and needs via the proposal form; our team, which knows your industry, will send our scope, timeline and fee proposal in writing. Phone: +90 212 951 02 47.

Subscription revenue, software development costs, R&D incentives and funding rounds.

Get a proposal +90 212 951 02 47

Financial reporting and audit in Services and Technology companies

In software, SaaS, e-commerce infrastructure and professional services companies, the most valuable assets are often people, technology and customer relationships that do not appear on the balance sheet. Recording revenue in the right period, capitalising development costs and applying incentives correctly are therefore decisive for the reliability of the financial statements.

Fast-growing technology companies also face funding rounds, mergers and acquisitions and IPO preparation. With independent audit, valuation, financial due diligence and IT assurance services, ARSEN supports technology companies at every stage of growth.

Audit focus areas in Services and Technology companies

Subscription and licence revenue

Subscription, set-up, maintenance and licence fees must be assessed as separate performance obligations, with revenue allocated to the right periods.

Capitalising development costs

Research costs are expensed as incurred, while development costs can be capitalised only once technical feasibility and future benefit conditions are met.

R&D and technology incentives

Documenting that the conditions for the R&D deduction, technology development zone exemptions and social security incentives are met reduces the risk in a tax inspection.

Funding rounds and valuation

Venture capital investment, employee share options and acquisitions create a need for business valuation and financial due diligence.

Data security and KVKK

For software companies processing customer data, KVKK compliance, information security controls and independent assurance reports are a precondition of customer trust.

Key standards and concepts in this industry

Revenue from contracts with customers (TFRS 15)The standard requiring revenue to be recognised to depict the transfer of goods or services to customers, at the amount the entity expects to be entitled to.Performance obligationA promise in a contract with a customer to transfer a distinct good or service.Intangible assetsIdentifiable non-monetary assets without physical substance; software, licences, brands and patents are examples.R&D deductionAn additional deduction for research and development expenditure in determining corporate income, subject to conditions set out in law.Venture capitalEquity investment in early-stage companies with high growth potential.ValuationEstimating the monetary value of a company, share, asset or liability at a specific date and for a specific purpose.IT general controlsControls over access management, change management, IT operations and system development that ensure information systems operate reliably.Personal Data Protection Law (KVKK)Law No. 6698, which governs the protection of fundamental rights and freedoms in the processing of personal data and the obligations of data controllers.

Our services for Services and Technology

Audit and Assurance

Independent Audit

An independent auditor's opinion, to international standards, on the financial statements of companies subject to the Turkish Commercial Code, the CMB, the BRSA and the EMRA.

Explore Corporate Finance

Valuation

Valuation of businesses, shares and intangible assets; purchase price allocation (PPA) and impairment testing.

Explore Corporate Finance

Financial Due Diligence and Modelling

Due diligence and financial modelling that reveal the target company's true profitability, working capital and indebtedness.

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IT Advisory

Advisory from strategy to implementation in cybersecurity, data analytics, automation and IT transformation.

Explore IT Risk Management

Personal Data Protection Assurance

We set up your KVKK (Turkish data protection) management system, support your own set-up, or independently audit the maturity of your existing system.

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Proposal request

Get a tailored proposal for the Services and Technology industry

Share the scope in a few lines and we will send you our team, timeline and fee proposal in writing. Free of charge and non-binding.

Under founding-partner supervision
Member of the SFAI international network
Written, transparent proposal

or call: +90 212 951 02 47

Frequently asked questions about Services and Technology

When are software development costs capitalised?

Expenditure in the research phase is expensed. In the development phase, costs are capitalised as an intangible asset if it can be shown that the project is technically feasible, the entity intends to complete it and has the resources to do so, it will generate future economic benefits and the costs can be measured reliably.

Should we have an independent audit before raising investment?

Although not mandatory, audited financial statements increase investor confidence, shorten the due diligence process and strengthen your hand in valuation negotiations.

How is revenue recognised in SaaS companies?

Subscription fees are generally recognised evenly over the service period. Annual subscriptions collected in advance are carried as a contract liability until the service is provided; whether separate services such as set-up are distinct performance obligations is assessed.

How can companies in Services and Technology get a proposal?

Share your company and needs via the proposal form and our team, which knows your industry, will send our scope, timeline and fee proposal in writing. Phone: +90 212 951 02 47.

Last updated: October 22, 2026

Let's talk about this year's audit.

Share the scope and we will send you our team, timeline and fee proposal in writing.

Request a Proposal +90 212 951 02 47