The activities of independent audit for the prevention of accounting frauds and mistakes and a survey application

One of the elements associated with development of a country is important progress on the Money and capital market of that country. As a matter of fact, minor investments may turn into major projects through the capital markets and this contributes in the country economy to a great extent. Requirements of investors not only for the International Accounting Standards and International Financial Reporting Standards, being a universal language, but also for accurate and reliable information increased in paralel with the development of the financial markets. All such requirements required financial statements to have undergone external audit. Business managements or business personel apply to frauds for various reasons against the management affecting investor relations and thus financial markets adversely. Fraud is called as the black hole of businesses presently. The accounting scandals experienced in the United States such as Enron scandal indicated destructive results of fraudulent financial reporting misleading financial statement users.