Turkey in automotive sector in our economy, positive developments and stable environment in parallel with the growing, but it’s as well as increasing costs, profitability negatively impact the industry in R & D activities and new product quest for enough capacity in the sector long-term reasons such as the development, inventory management, cost such as reduction it has faced many potential problems and significant risks.
The automotive industry had a stagnant process in 2012 compared to 2011. It is stated that the main reason for this recession in 2012, which was closed with a 10% loss compared to the previous year, was the economic crisis in the European Union countries. However, the expectations of firms from 2013 are higher than previous years.
The audit teams of our our company have experienced and detailed industrial knowledge in the industry, and legal audits are completed in the most careful and qualified manner.
Today, the EU and EFTA countries rank first in world automobile production. However, Japan and Korea’s market share advantages in international markets continue. These countries protect their markets significantly. In terms of marketing channels, when countries such as Germany, France, Italy and England are analyzed, it is seen that the main industrial companies mostly buy products from certain sub-industry companies and have very close connections with existing sub-industry companies in order not to disrupt production. These companies demand that the supplier industry work closely with them and closely follow the technological development. On the other hand, what China has been making a strong entry into the sector in the recent past is curiously expected.
sector’s strengths in Turkey, the existing installed capacity and potential of the industry, the strength of the foreign partner, well-trained entrepreneur manpower and competitive labor costs, technological knowledge, can be listed as assets and export experience in quality management systems.
In addition to being able to provide consultancy on the most complex international tax issues, our tax teams also have the necessary knowledge and experience in terms of mergers, acquisitions, reducing costs, performance improvements and retail distribution performances.
Our company offers the following basic services as a solution partner to its customers.
- Independent External Audit,
- Tax Audit, Tax Consultancy,
- IT (IT) Audit,
- Computing (IT) Security,
- Process analysis, performance analysis-effective cost control, operational efficiency,
- Financial Consultancy and Consulting,
- International and local public offering transactions,
- Providing support services, seminars and training to companies related to IFRS, US GAAP, and European Union Accounting Standards,
- Company Valuations,
- Mergers and Transfers,
- Corporate Management,
- Internal Audit.