SFAI member · international network in 70 countries
Home / Insights / Disclosure of Independent Audit Fees in the Notes
Financial Reporting · May 6, 2022

Disclosure of Independent Audit Fees in the Notes

Under a KGK decision, for reporting periods beginning on or after 1/1/2021 companies must disclose audit fees separately in a note headed "Fees for Services Received from the Independent Auditor/Independent Audit Firm".

Under a decision of the Public Oversight Authority (KGK), for reporting periods beginning on or after 1/1/2021 companies must present auditor fees separately in their notes under the heading "Fees for Services Received from the Independent Auditor/Independent Audit Firm".

A sample note in Turkish and English for the heading to be added to the notes, in line with KGK's explanations, is attached.

Download the document (PDF)

Proposal request

Let's assess the impact on your company together

Our specialists will clarify, in a short call, how regulatory changes affect your financial statements and obligations.

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

or call: +90 212 951 02 47

This publication is for general information only and is not a substitute for professional advice.

Proposal request

Fields marked with an asterisk are required.

CallRequest a Proposal