COMPARISON OF ACCOUNTING AUDİT IN TURKEY, US AND EU

Abstract

Developments in economics and technology, and the impact of globalization, are complicating the businesses that are in the process of change, their fields of activity and the financial transactions they have done. This complexity leads to crises and forces new regulations to be introduced. Such developments in there alworld cause rapid development and transformation in the field of accounting. Accounting enables the transactions made in the enterprises to be recorded and summarized as financial statements to meet the needs of the 3rd persons. For this reason, the differences in the needs of users of financial statements cause differentiation of financial reporting applications. Therefore, auditing of financial statements by independent persons has become important in recent years. In this study, accounting auditing in Turkey, United States (USA) and European Union (EU) were compared. In this study, accounting auditing in Turkey, United States (USA) and European Union (EU) were compared. The accounting audits in Turkey, EU and USA were explained separately and tried to show the similarities and differences in the accounting audit.