The exemption period in sustainability audits has been extended
Original headlineSürdürülebilirlik denetimlerinde 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 auditors more time to meet the credentialing and competency requirements tied to Turkey’s new sustainability assurance regime. It matters because the country is phasing in mandatory sustainability reporting and third-party verification, and a shortage of qualified audit staff could otherwise delay compliance. Companies and audit firms should watch for the KGK’s updated timeline and any further guidance on transition rules for first-time sustainability engagements.
Muhabbit's AI wrote this summary in its own words from Dünya'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)