Boraden

What Boraden does

Boraden Bağımsız Denetim ve Danışmanlık A.Ş. is a privately held Turkish professional services firm founded in 1993 and headquartered in Istanbul's Zeytinburnu district, with a secondary presence in Ankara. The firm operates as a licensed audit and consultancy practice under Turkish regulatory frameworks, including the Public Oversight Authority (KGK), the Revenue Administration (GİB), and the Social Security Institution (SGK). Its approximately 50 staff include S.M. Mali Müşavir and Sorumlu Bağımsız Denetçi licensed professionals covering the functions of independent audit, certified public accountancy, tax compliance and advisory, social security / payroll, management consulting, and registry operations. The service portfolio has expanded over time to include forensic accounting and fraud audit, transfer pricing (with stated reach across 150 countries), R&D and TÜBİTAK incentives advisory, IFRS/TFRS reporting, and a Business Intelligence line referencing AI-driven forecasting. The firm also operates BORADEN Akademi, a sub-brand offering structured training in accounting, tax, IFRS, financial analysis, internal audit, and human resources. An internal HR management platform is used operationally to handle candidate tracking, leave, expenses, advance payments, and performance evaluation.

The firm serves three primary customer groups: public institutions and private sector organizations requiring statutory audit, tax, and financial reporting; corporate entities (joint stock and limited companies) needing tax compliance, payroll, SGK administration, and human resources support under the Turkish Commercial Code; and individuals and family businesses seeking personal tax planning, inheritance tax support, and family-business consulting. Customers are acquired through a direct sales-led model, with engagement initiated via phone, WhatsApp, or web contact forms; the firm publishes regulatory circulars (sirküler), sector reports, and blog content to support top-of-funnel awareness. Revenue is generated entirely from professional service fees, with pricing conducted on a per-engagement basis through direct quote rather than standardized public pricing. The firm holds ISO 20022 standards compliance as a credential referenced on its website.

The firm is privately held with no disclosed external investors, no parent company, and no subsidiaries. Its ownership structure, shareholder identities, and financial results are not publicly disclosed, and the firm has not raised any reported funding rounds. Management includes Cengiz Turmaz as Sorumlu Bağımsız Denetçi and Çisem Eskici as Audit Department Manager, with department heads across tax, social security, consulting, and registry functions. All operations are domestic to Turkey; no global delivery footprint is asserted.

Name

Boraden

Legal name

Boraden Bağımsız Denetim ve Danışmanlık A.Ş.

Website

https://boraden.com.tr

Company type

Private

Founded year

1993

Operating status

Operating

Headcount range

11–50 employees

Short description

Boraden is a Turkish licensed audit and consultancy firm (founded 1993, ~50 staff, Istanbul) delivering independent audit, tax, payroll/SGK, transfer pricing, and management consulting services to public institutions, private companies, and family businesses, and operating the BORADEN Akademi training sub-brand.

Ownership category

akta.pro rank

Product category

Audit & Tax Advisory

NAICS

Offices of Certified Public Accountants (541211), Accounting, Tax Preparation, Bookkeeping, and Payroll Services (54121), Management Consulting Services (54161)

SIC

Services-Engineering, Accounting, Research, Management (8700)

akta.pro primary industry

Financial Planning & Analysis Support (Budgeting, Forecasting, Management Reporting) (BPAAAGAJ)

Keywords

• Independent audit services
• Tax advisory
• Accounting services
• Management consulting
• Payroll compliance

Headquarters

HQ city

Istanbul

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Professional Services: Boraden generates revenue through professional service fees for independent audit, certified public accountancy, accounting systems setup, financial and management consulting, financial reporting, and data analysis system services provided to public institutions, private sector, and individual organizations.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Boraden is a Turkish professional services firm providing independent audit, certified public accountancy, tax compliance and advisory, accounting system setup, financial and management consulting, financial reporting, and data analysis services to public institutions, private-sector companies, and corporate entities. Services are delivered by licensed professionals (SMMM/YMM) under Turkish Commercial Code and KGK standards, with specialized capabilities in transfer pricing (across 150 countries), fraud investigation, R&D tax incentives, payroll/SGK compliance, and IFRS/TFRS reporting. The firm also operates BORADEN Akademi for professional training and an internal HR management platform.

Product overview

Boraden is a financial audit and consulting firm offering a comprehensive portfolio of professional services. The core offering consists of independent audit, tax advisory, and accounting services compliant with Turkish and international standards. The service line includes specialized areas such as fraud investigation, transfer pricing (spanning 150 countries), R&D tax incentives, and corporate reporting. HR services cover payroll processing, Social Security filings, and employment incentives. The firm also provides management consulting including strategic planning and regulatory compliance. BORADEN Akademi provides professional training in accounting, tax, IFRS, financial analysis, internal audit, and human resources. A notable capability is their Business Intelligence service offering data analysis, reporting, and AI-driven forecasting.

Differentiator

Problem solved

Functional benefit

Brands

• BORADEN Akademi: Educational platform offering training in accounting and tax, IFRS, financial analysis, internal audit, and human resources.

Products and services

• Independent Audit (Bağımsız Denetim) Independent audit services compliant with Turkish Commercial Code and Public Oversight Authority (KGK) standards for public institutions, private sector companies, and corporate entities. Provides financial statement audits, risk assessment, and regulatory compliance auditing.
• Tax Services (Vergi Hizmetleri) Tax services covering corporate tax, income tax, VAT, special consumption tax (ÖTV), transfer pricing, VAT refund processing, full attestation (Tam Tasdik), and corporate tax audit and attestation for businesses and corporate entities.
• Accounting and Bookkeeping (Mali Müşavirlik ve Muhasebe) Accounting and bookkeeping services including financial record maintenance, compliance with Turkish accounting standards, account reconciliation, and financial statement preparation for businesses and corporate entities.
• Corporate and IFRS Reporting (Kurumsal Raporlama / UFRS/TFRS Raporlama) Corporate reporting combining financial and non-financial information, along with International Financial Reporting Standards (IFRS) and Turkish Financial Reporting Standards (TFRS) reporting services for comprehensive stakeholder communication.
• Internal Audit and Internal Control (İç Denetim ve İç Kontrol) Internal audit and internal control system establishment, evaluation, and ongoing oversight services for corporate clients seeking to strengthen their governance and risk management frameworks.
• Fraud and Irregularity Audit (Usulsüzlük ve Hile Denetimi) Fraud and irregularity audit services including forensic accounting and investigation for corporate clients, covering embezzlement, misconduct, and compliance violations.
• Fraud Investigation and Prevention (Suistimal İnceleme ve Önleme) Fraud investigation and prevention services for corporate fraud, embezzlement, and misconduct, including preventive control design and investigative support.
• Payroll and SGK Filing (Bordrolama ve SGK Bildirimleri) Payroll processing and Social Security Institution (SGK) reporting services for corporate clients, including payroll calculations, social security filings, and employment compliance.
• R&D Consulting (Ar-Ge Hizmetleri) R&D consulting including technology development zone incentives, TUBITAK support, and Eximbank credit advisory for businesses seeking innovation incentives.
• VAT Refund Processing (KDV İade İşlemleri) VAT refund processing for export, international transport, and reduced-rate transactions, assisting businesses in recovering VAT from the tax authority.
• Full Attestation (Tam Tasdik İşlemleri) Full attestation services by certified public accountants for tax compliance verification, introduced in 1995 under Law No. 3568 and Ministry of Finance regulations.
• Transfer Pricing (Transfer Fiyatlandırma) Transfer pricing planning, documentation, and compliance services across 150 countries for multinational enterprises and related-party transactions.
• Management Consulting (Yönetim Danışmanlığı) Management consulting including strategic planning, process optimization, and regulatory compliance advisory for corporate clients.
• HR Process Management (İnsan Kıymetleri Süreç Yönetimi) HR process management covering recruitment, personnel files, job descriptions, and labor law compliance for corporate clients seeking to professionalize their HR operations.
• Retirement Consulting (Emeklilik Danışmanlığı) Retirement planning and Social Security consulting including pension calculations and applications for corporate beneficiaries.
• Trade Registry Operations (Ticaret Sicil İşlemleri) Trade registry operations and procedures for company registration, modifications, and regulatory filings with the Turkish trade registry.
• Business Intelligence (İş Zekası) Business intelligence services providing data analysis, reporting, and AI-driven forecasting capabilities to support management decision-making.
• BORADEN Akademi Professional training programs in accounting, tax, IFRS, financial analysis, internal audit, and human resources, delivered through the firm's dedicated education platform at boradenakademi.com.

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators1 record

Recent moves6 records

Expansion highlights5 records

Direct peers

• BDO Turkey: BDO Turkey is the local member of BDO Global, providing independent audit, tax, accounting and advisory services across Turkey. It directly competes with Boraden for mid-market statutory audit, tax compliance and consulting engagements.
• PKF Turkey: PKF Turkey provides audit, tax and advisory services through the PKF International network. It competes with Boraden for mid-market statutory audits, tax compliance, and corporate reporting engagements.
• Grant Thornton Turkey: Grant Thornton Turkey is the local affiliate of Grant Thornton International, providing independent audit, tax and advisory services. It competes directly with Boraden for KGK-aligned statutory audits and broader professional services engagements.
• RSM Turkey: RSM Turkey offers audit, tax and consulting services as part of the RSM international network. It is a comparable mid-tier competitor serving Turkish corporates on statutory audit and advisory mandates.
• Mazars Turkey: Mazars in Turkey delivers audit, accounting, tax and advisory services as part of the Mazars global network. It is a comparable mid-tier competitor to Boraden across statutory audit and consulting services.
• Baker Tilly Turkey: Baker Tilly Turkey offers independent audit, tax and consulting services as part of the Baker Tilly network. It is a relevant peer to Boraden in serving Turkish corporates on KGK-compliant audits and advisory work.

Broad incumbents

• EY Turkey: Ernst & Young Turkey is the local member firm of EY Global, providing audit, tax, transaction and consulting services. It is a broad incumbent that overlaps with Boraden in audit, tax and corporate reporting services for Turkish corporates.
• PwC Turkey: PwC Turkey is the local firm of PricewaterhouseCoopers, offering audit, tax and advisory services. It is a broad incumbent competing with Boraden on statutory audits, transfer pricing, and corporate reporting mandates.
• KPMG Turkey: KPMG Turkey is the local affiliate of KPMG International, providing a full suite of audit, tax and advisory services to large corporates and government entities. It is a broad incumbent competing with Boraden primarily on larger and more complex engagements.
• Deloitte Turkey: Deloitte Turkey is the local member firm of Deloitte Touche Tohmatsu, providing audit, consulting, financial advisory, risk management and tax services. It is a broad incumbent in the Turkish professional services market overlapping with Boraden's audit and tax practice.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/Boradenturkey
• Facebookfacebook.com/boradencomtr

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Boraden