REVENUE AUDİT

What is Revenue Audit?

A revenue audit is the independent and systematic examination of a company’s turnover to verify its accuracy, completeness, and compliance with applicable regulations and contractual provisions. It is particularly critical in turnover-based lease agreements, franchise relationships involving royalty calculations, and profit-sharing structures.

A revenue audit includes the comparative analysis of accounting records, sales invoices, POS reports, bank statements, e-invoice and e-archive records, as well as inventory and shipment data.

When is a Revenue Audit Required?

• Turnover-based lease agreements (shopping malls and retail stores)
• Franchise and dealership agreements
• Royalty and licensing agreements
• Partnership and profit distribution processes
• Company valuation and acquisition processes
• Internal control and fraud risk assessments

Revenue Audit Process

1. Contract and Obligation Review

Relevant agreements are examined to determine the definition of revenue, included and excluded items, discount practices, and reporting obligations.

2. Data Collection and Reconciliation

The following documents are reviewed during the audit process:

• Accounting records
• Sales invoices (e-Invoice / e-Archive)
• POS and cash register reports
• Bank account statements
• Inventory records and delivery notes

These data sources are cross-checked and consistency tests are performed.

3. Analytical Review

Periodic sales trends, gross profit margins, discount rates, and unusual transactions are analyzed to identify potential risk areas.

4. Reporting

Identified findings are presented in a detailed report, together with recommendations for corrective actions where necessary.

Benefits of Revenue Audit

• Reduces the risk of underreporting
• Prevents contractual revenue losses
• Strengthens internal control systems
• Enhances transparency and trust
• Provides evidential support in potential disputes

Why Professional Support?

A revenue audit is not merely a numerical verification process; it requires the combined evaluation of contractual terms, tax legislation, and accounting standards. Especially in multi-branch and retail structures where data volume is high, an expert team and a systematic audit approach are essential.

With our experienced team, we thoroughly analyze your revenue processes, identify risks, and provide reliable and transparent reporting.