Kapital Karden Member Firm of RSM International July 2009 Business Presentation

1. Istanbul, Bursa, Ankara & Baku
Capability Statement
July 2009

2. M ber Firm of
em
About Us I Vision & Mission I Challenges I Structure I Services I RSM International I Client
Contact Us
Kapital Karden is a financially-focused, professional business
services provider that serves growing organisations with independent
audit, accounting, tax, business consulting, VAT refunds, employer
services, corporate finance, tax restructuring, energy audit, forensic
accounting, wealth management and financial process outsourcing
throughout Turkey, Azerbaijan, The Caucasus and Northern Iraq.
Kapital Karden was established in 1994 and became the
correspondent firm of RSM International in 1996 and member firm in
2008. It is ranked number 7 in Turkey and No 5 in Azerbaijan. The
International Accounting Bulletin, June 2009, called Kapital Karden
‘the fastest growing accountancy firm in Turkey’.
Kapital Karden helps clients with international business needs
through its membership of RSM International, the world’s seventh
largest network of independent accounting firms.

3. Vision & Mission
Kapital Karden aims to be the provider of choice of professional
services such as audit, tax and accounting to internationally active
middle-market organisations and offering specialised advisory
services to other target markets, both in service line and geography.
Kapital Karden will consistently add value to all clients and
stakeholders by supporting the sustainable growth of our clients and
our firm, ensuring the continuous development of our people and
strengthening and expanding our quality and capabilities of our firm.
Kapital Karden clients are ‘better companies because Kapital
Karden are their advisors.’

4. Kapital Karden aims to succeed in the current market and is willing
to be responsive and adaptable to market conditions, open to change
and looking for innovative ways of offering services and solutions.
Flexibility and being quick to react and respond will serve us well in
these challenging times.
Kapital Karden will be there, constantly ready with solutions to
clients’ problems, thinking ahead and around them, keeping their best
interests at the front of mind. Kapital Karden will be much more
proactive than reactive; able to demonstrate value to the client in
everything it does; doing everything it takes to ensure clients weather
any storm, and emerge stronger.

5. Company Structure
Kapital Karden
Azerbaijan
Audit,Tax, Consultancy,
Outsource Accounting
Karden YMM
Tax and
Kapital Kapital KardenYMM
Audit, Tax, Consultancy
Consultancy Karden Forensic and Corporate
Advisory
Kapital SMMM
Outsource
Accounting

6. Kapital Karden in Turkey and Azerbaijan
Ranked No 7 in Turkey
and No 5 in Azerbaijan
Fees 2008: US$ 7m
116 staff and 10 partners
5 offices in 2 countries
Istanbul, Bursa, Ankara and
Baku
Founded in 1994

7. Independent Audit Services
One of the few firms in Turkey and Azerbaijan to be fully authorized in all types
of independent and statutory auditing
Capital Market Board authorization for auditing publicly owned and listed
companies
Banking Regulation and Supervision Agency authorization for auditing banks
and financial institutions
Insurance Board authorization for auditing insurance companies
Energy Board authorization for auditing of companies operating in the energy
sector
Istanbul Stock Exchange quoted companies are required to keep their records
in compliance with International Financial Reporting Standards and have their
financial statements audited by an independent audit firm such as Kapital
Karden
International independent auditing of financial statements subject to
consolidation and indexed to inflation, IFRS or US GAAP compliant
Services connected to the implementation of the Draft Turkish Commercial
Code

8. Tax Services and Consultancy Services
Company formation services and liquidations Tax certification for corporations with a
Changes to company by-laws, registered specified annual turnover
address and share transfers Certification of Fixed Assets
Consultancy and audit services for Certification of Capitalization of Reserves
privatisations, Initial or Secondary Public and Capital Increases
Offerings and issuing prospectus Certification of Exemption for Associations,
Share valuations and other advisory work on Facilities and Charitable Foundations
mergers and acquisitions Credit Related Assessments
Corporate annual reports Withholding Tax Refunds and
Reports on profitability and cost analysis Certifications of Income and Corporation
Ongoing tax consultancy Tax Exemptions
Assisting local and foreign investors in Certifications of Incentives, Allowances,
obtaining all required documents and permits Exemptions and Exceptions
Consultancy, audit, company valuation for Preparation of Special Returns
companie subject to Government privatization. Control and review activities
Certification of lncome, Corporation and Value Giving written legal opinion on tax matters
Added Tax Returns and Refunds All VAT Services

9. Outsourcing Services
•B o o k k e e p in g a n d F in a n c ia l • A c c o u n t in g S u p p o r t on or
R e p o r t in g off-site
•Preparation and filing tax returns for Corporate • Preparation of budgets and cash flow
Income Tax and Withholding Tax
• Management Accounts
•Preparation financial statements in accordance
• Checking and advising on documents
with local and International standards
in compliance with local legal
•Setting up accounting and reporting systems requirements and standards
•Bank reconciliation • Software Operation and Training
•Billing and collection • Attestation and Certification
•Remote or in-house invoicing using LOGO Tiger • Attestation by SMM qualified Partner
Software or in house software
• Taxation Reviews and Revisions
•S t a f f a n d P a y r o ll
• O t h e r S e r v ic e s
•Handling payroll system and tax compliance
• Expatriate employment advisory
•Registration and payment for Social Security service
and Personal Income Tax
• Business Set Up and Liquidation
•Preparation of retirement , illness and maternity
• Power Of Attorney and Limited
pay benefits
Management Services
•Dismissal and Redundancy Services

10. Other Services
Information Technology and ICT Audit
Fraud, Forensic and Postponement of Bankruptcy Services
Internal Audit and Risk Management
EU/ NGO / World Bank / IMF project audit
Restructuring and Recovery

12. RSM International is the seventh
largest network of independent
accounting and consulting firms in the
world
RSM International has 90 affiliate
member and correspondent firms in
72 countries
732 offices worldwide ‘’In RSM you will find a real difference.
30,220 staff including 2,912 partners This lies in the unusually close and
enduring relationships it has with its
Combined fee income of US$3.62bn clients. Clients who choose RSM are
No 5 in USA with RSM McGladrey those who look for a combination of
Pullen and No 5 in China real value, true team work,
imaginative practical solutions, high
Members are amongst the best firms
quality and excellent service.’’
(ranked 5 – 7) in their local markets

14. Kapital Karden Clients
Nizh Kimya Ltd. Şti.

15. H e a d O f f ic e
Contact
K a p it a l K a r d e n – He a d Managing Partner:
O f f ic e Mr. Lokman Ketenci
1 Sıklamen Sokak lketenci@kapitalkarden.com
Levent 3
Is t a n b u l 34330 Head of Audit:
Turkey Mr. Celal Pamukçu
cpamukcu@kapitalkarden.com
Tel: +90 212 284 3900
Fax: +90 212 294 3901
Head of Accounting:
Mr. Zeki Öcal
Online: www.kapitalkarden.com zocal@kapitalkarden.com
www.kapitalymm.com
www.kapitalsmm.com International Contact:
www.rsmi.com Alan Greenhalgh
agreenhalgh@kapitalkarden.com

16. T a x & V A T O f f ic e
Contact
K a p it a l K a r d e n – Ta x Tax Managing Partner
a n d VA T Mr. Vehbi Karabiyik
Maya Akar Center Kat: 15 vkarabiyik@kapitalkarden.com
Esentepe
Is t a n b u l
Turkey
Head of Corporate Finance
Mr. Nur Ekesan
Tel: +90 212 356 9260
nekesan@kapitalkarden.com
Fax: +90 212 356 9280
Online: www.kapitalkarden.com
www.kardenymm.com
www.rsmi.com

17. B r a n c h O f f ic e s
Contact
K a p it a l K a r d e n - B u r s a Managing Partner:
Ihsaniye Mah. Barbaros Cad. Mr. Sedat Atkin
Can Sokak Pamuk Arslan satkin@kapitalkarden.com
Apt. No:2 D.3
Nilufer , B u r s a
Tel: +90 224 2495370
Fax: +90 224 2495376
K a p it a l K a r d e n - A n k a r a
Managing Partner:
Mesnevi Sokak No:24/8
Mr. Sami Kazici
Çankaya, A n k a r a skazici @kapitalkarden.com
Tel: +90 312 4420947
Fax: +90 312 4420946

18. B r a n c h O f f ic e
Contact
K a p it a l Ka rd e n -
A z e r b a ija n Audit Partner:
Caspian Plaza, 13th floor MrTural Maharramov
tural.maharramov@kapitalkarden.az
44 Jafar Jabbarli Street
B a k u AZ 1065
Azerbaijan
Audit Manager:
Mr Adalet Kazimli
Tel: +994 12 596 69 01/2 adalet.kazimli@kapitalkarden.az
+ 99 412 480 19 56
Fax: +994 12 596 69 03
Online:
www.kapitalkarden.az