Financial and Accounting Service and Economic Research Sector
A professional services corporation working in the fields of accounting, external auditing, internal auditing, corporate governance, taxes, economic and strategic studies related to Turkish and Syrian market, management consulting services, professional, technical and financial training, financial technology dissemination and project management, investor services and consultancy business, human resources, monitoring and evaluation, institutional development, legal development, company licensing, risk management and internal regulations of institutions.
Mission
To reach the clients’ institutions to the highest levels of administrative, financial and legal development in order to achieve the integration in the corporation in all aspects and achieve the desired goals.
Objective
ISD’s objective is to assist the individuals, businesses, and organizations to prosper.
As we are a competent accounting and consulting corporation, we utilize our expertise and relationships to meet local and international needs. While working with us, you will work with people who deeply care about your success and who have the drive and dedication to achieve your desired results. You will have greater access to technical expertise than many corporations, and we will be here for you whenever you need us to help you access to the information, guide you while taking your decisions and make sure you take advantage of every opportunity to help you thrive in the changing world.
Main Services
Internal and external audit
We help businesses and organizations with no sufficient internal resources to address accounting issues that have a significant impact on their decisions, on the basis of which the performance and effectiveness of institutions are evaluated by stakeholders (investors-donors) to determine the financial stability of the institution and to enhance the confidence in accounting decisions and the mechanism relied upon in these institutions. ISD provides a scientific, practical and impartial accounting approach to the stakeholders in the institution through the following axes:
- Assess whether the institution complies with International Accounting Standards (IAS) and related updates.
- Assess whether the institution complies with International Financial Reporting Standards (IFRS) and related updates.
- Assess whether the institution complies with the necessary laws for institutions located in Turkey.
- Assess whether the institution complies with the policies of the institution and conforms with the procedures followed with these policies.
- Provide the management with directions and advice related to performance and rules of procedure.
- Review and audit accounting records.
- Review and audit financial reports.
- Establish internal accounting and financial system in the institutions in accordance with the internationally applicable standards.
- Develop the accounting and financial system in the institutions.
- Extract financial reports.
Accounting and accounting record keeping
Accounting records and bookkeeping are considered legal and administrative necessities for all institutions, whether profit or non-profit, to enable the owners and management to know all the operations carried out by these institutions and enable them to measure the degree of success of the institution as a whole or a part of it. In addition, accounting records are considered an important basis for the purposes of calculating taxes and providing tax data.
ISD corporation provides bookkeeping and reporting services necessary for clients as needed, where the corporation employs accountants who help our customers to organize and keep accounting books so that our customers bear an agreed percentage calculated on the basis of full-time accountant’s wage.
Training
The corporation provides a set of training programs, whether for individuals, businesses or civil society organizations, to help the trainees raise their scientific and practical level, which is positively reflected on the development of the institution and the productivity of the trainee. Training programs are distributed as follows:
- Financial and accounting programs
- Procurement management programs
- Financial management programs in non-profit organizations
- Monitoring and evaluation programs
Governance and risk management
There are many different models of corporate governance and risk management; however, all of them aim to regulate the relationship between the corporate and stakeholders and control risks effectively, and most importantly, “governance, risk management and compliance with effective internal controls” are all part of one system, so our corporation seeks to help all institutions to develop their internal and procedural systems.
Business Consultancy
Corporation’s extensive experience and diverse relationships with various sectors allows to benefit from specific and targeted advisory advice to support the client’s long-term growth plans.
By developing a true understanding of the business and the issues and challenges you face, our advisory teams utilize local and global knowledge to help you achieve your goals. Not only do they help you understand weaknesses and plan to mitigate them, but they also help to create a clear path to success.
IT Consulting
In today’s business world, technology systems are widespread, and they are often at the heart of value creation, production and distribution. But failure risks can be high with the continuing challenge of harnessing the power of information technology while avoiding risk. Our corporation can help tackle the most pressing IT challenges the businesses face by:
- Choosing technology to achieve your goals.
- Due diligence.
- Conducting IT safety checks.
- Mitigating risks and ensuring compliance.
Whatever your needs and challenges, the expertise of our team can help you tackle these and many other IT challenges, and ensure that your IT contributes to the growth of your business.
Company incorporation and liquidation
Through experienced staff in Turkish laws, ISD works to establish all types of companies in accordance with Turkish law and in proportion to the requirements of each company.