The effectiveness of Public Oversight, Accounting and Auditing Standards Authority on independent audit system

The problems in the audit system due to the increasing population and number of enterprises, it has necessitated to change both the audit system and audit approach in time. However, the audit has always continued its existence as a phenomenon that should be. In parallel with the development in audit approach occurring in the world, system and authorities over the system in Turkey has received their shares from those changes and in the light of the Turkish Commercial Code numbered 6102, with Decree Law numbered 660, "The Public Oversight, Accounting and Auditing Standards Authority" was established. In this study, it has been examined that the duties and structure of "The Public Oversight, Accounting and Auditing Standards Authority", which is a relatively young institution in Turkish administrative organization, the extent to which it adapts to developments in the world, and how it has an impact on independent auditors and tax inspectors. For this, a survey was conducted on independent auditors and tax inspectors. The results of the application were evaluated.