NEXIA TURKEY AS CPA & Auditing Co.

NEXIA TURKEYNEXIA TURKEY

Principle information

• Member since May 1, 2007,

• Umbrella organization,

• AS CPA & Auditing Co. principal coordinator and leader in the organization,

• Structured by one leader firm and 8 sub independent members.

Profile of Nexia Turkey • Service Coverage all of Turkey,• Being the 5th,• Employing 130 personnel,• Having qualified SFAs,• Providing all demanded services,• Having international network covering the

globe.

Services provided

With commitment international ethical standards main principle of Nexia is the highest quality in providing services.

Main Services

• Full Certification Services,

• Audit and Assurance,

• Tax Consultancy Services,

• Financial Consultancy Services,

• Business Consultancy Services,

• Tax Dispute Services,

• Corporate Finance Services,

• Internal Audit Services.

Strategic Alliances

• Outsourcing (Book keeping and payrolls)

• Human Resources

• Legal

• Company Foundations

• Training

General Profile of Client Portfolio • Wide well-known

• Reputable

• Socially respectable

• Have corporate identity and culture

• Consistent and wide advertising policy

• Cover all of Turkey

• Operate in international market

• Have national and international well-known brand

• Sponsoring in social, culturel and sportive activities

Client Sectors • Pharmaceuticals – Consumer Products – Hygienic

Paper – Cosmetics Products

• Building Materials – Construction – Mining – Cement– Pvc Window and Doors Production – Ceramic – Welding Technology

• Big Retail Shopping Malls – Department Stores

• Media – Information Technologies – Finance

• Automotive – Electronic – Shipping – Energy – Textile – Tourism

• Charity

Pros & Cons about Holding Companies

• Having Corporate Structure

• One contact point, many clients

• Efficiency in planning and cost of audit

• Undistributed client portfolio

Loss one group

Dramatic decrease in turnover

Pros & Cons about Holding Companies • Our policy of working with Holding or Group

Companies is still valid

• To eliminate and minimize undistributed portfolio of Group or Holding Companies, Main goal of Nexia Turkey is to realize fast and stable growth

Market Structure • Rapid growth in sector

• No official data for total turnover and ranking

• Similar to the world market in ranking of Big 4;– PwC

– Deloitte

– E&Y

– KPMG

• Very close turnover of followers.

Goals & Strategy of Nexia Turkey

• Stable growth and quality

• Increase number of independent sub-members and opening new offices

• Strategic Alliances in more structured and effective ways

• Emphasizing “NEXIA” brand name in consistent and intensive advertising policy

Growth

• Full Certification and Tax Services:%70

• Audit & Assurance and Others: %30

Tax

Audit