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“Endorsement Audit” service aims to audit the accuracy of endorsements that was stated in the following terms in endorsement based lease,
which tenants signed with management or owners of the mall and as result of this to prevent deficient or wrong rent payment.
Content of audit; stating what should be the right feedback according to lease, determining fault and cheats of feedback by making periodical audits,
counting the rent by auditing the leases and informing management or owners of mall about activity and running system of tenant.
In this view, it is essential whether endorsement costs that is stated is true and that availability to leases is audited and that the its results consisting of losing of rent are reported as a result of auditing documents and book account and data processing systems,
declarations to fiscal administration, drafting document systems and tenant’s documents relation to endorsements.
This report which has prepared includes detailed information about audit works and detailed explanation of faults which was found via audit testing.
Another positive effect of this audit is to let tenants who pay their rent according to endorsement know that truth of their feedbacks will be audited and to prevent the tenants audited in this way doing the same faults again.
Besides, faults caused due to wrong comments on lease have been clarified with the help of this audit.
Audit works made are planned consisting of purchase audits with the purpose of inspecting tenants’ accordance of document order and the required procedures are put through by auditors.
As a consequence of audit testing, it is reported whether auditor accords to auditor observe and document order relation to tenant.
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