Abstract:

Independent audit is an activity carried out to determine the level of accuracy of the claims of business authorities regarding the business, whether the information provided to the business to the parties to use the business information is reliable and comparable and the financial transactions are relevant to the laws, regulations, communications, etc. It can be carried out by means of independent inspection that is not assessed or assessed according to the regulations. The Independent Auditor shall notify the Parties with a reasonable guarantee limit on all these transactions. Financial information may contain significant errors for reasons such as the auditor’s attempt to reduce his failures and responsibilities, which increases the risk of financial information. This risk directly and significantly affects financial information users’ decisions, can lead to wrong decisions and waste of resources. In the financial scandals, this is clear. In order to reduce the damage caused by the false and/or fraudulent financial information and to obtain accurate and reliable information about the business, a set of responsibilities in the process relating to the auditor’s independent audit activity have been addressed in various legal regulations. In this study, the responsibility of the independent auditor was addressed in terms of the Notification of the Capital Market Board on Independent Audit Standards in the Capital Market (Series:X, No. 22), Tax Procedure Act, Law No. 3568, Turkish Trade Act and Public Supervision Accounting and Audit Standards Institution Independent Audit Regulations. In these regulations, the circumstances highlighted in terms of the responsibilities of the auditors have been examined, pointed out to the points of interconnection or separation.