The exemption period for sustainability audit teams has been extended
Original headlineSürdürülebilirlik denetim ekiplerine yönelik muafiyet süresi uzatıldı
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Turkey’s Public Oversight, Accounting and Auditing Standards Authority (KGK) has extended the exemption period for sustainability audit teams. The decision gives audit firms additional time to meet the credentialing and competency requirements for personnel assigned to sustainability assurance work. It matters because Turkey is phasing in mandatory sustainability reporting and assurance aligned with international standards, and firms have warned that qualified sustainability auditors are in short supply. What to watch next is the length of the extension and whether KGK pairs it with a transition plan or training requirements, which would signal how quickly firms must close the staffing gap.
Muhabbit's AI wrote this summary in its own words from Ekonomim's report and translated it from Turkish. It can get details wrong, so check the source.
Named in this story
Kamu Gözetimi, Muhasebe ve Denetim Standartları Kurumu (KGK)