POLICIES FINANCIAL MANAGEMENT POLICY

The Chamber carries out activities to meet the needs of its members, facilitate and develop their professional activities, maintain professional discipline, ethics and solidarity in order to ensure honesty and trust among its members and the public, and to provide the services stipulated in Law No. 5174. In carrying out these activities, it uses the revenue sources specified in Law No. 5174. * Tariffs for the services provided and membership dues are determined and announced by the Chamber Assembly before each fiscal year according to the socio-economic conditions of the region in accordance with the provisions specified in Law No. 5174. * The budget of the Chamber is prepared and implemented according to the principles of efficiency, economy and the accounting period, taking into account the requirements of its plans and programs, as well as benefit and cost elements. * Expenditures are planned according to the annual revenues (resources) of the Chamber. Expenditures are organized within the framework of this plan and the resource-expenditure balance is ensured. * Expenditures from the budget are made with the joint signature of the Chairman of the Board of Directors or the deputy he/she authorizes and the Secretary General or the Treasurer. In the absence of the Secretary General, the signature of the Deputy Secretary General is required instead of the Secretary General. * Expenditures up to the amount determined by the Board of Directors may be made ex officio by the Secretary General, provided that they are subsequently submitted to the approval of the Board of Directors. * Acting in accordance with the Budget and Accounting Regulation, the chamber organizes its accounting records in accordance with generally accepted accounting principles and a uniform chart of accounts. * The chamber adopts the principles of transparency, efficiency, frugality, accurate and timely information in making expenditures and collecting revenues. * In order to ensure transparency and facilitate the control and management of financial resources and expenditures; it regularly submits its financial reports to the Accounts Review Committee, relevant bodies and chamber members. * The chamber establishes a system for providing its current funds and the funds it needs under the most suitable conditions, preserving the value of these funds and using them effectively. * The chamber evaluates its assets as time deposits, as liquid funds, as affiliates, by establishing subsidiaries, by purchasing government bonds, treasury bonds and by making repos. Cash deposits are not allowed to be used in risky investment areas that may have negative returns. * The Chamber's tangible fixed assets (service building etc.) are insured against risks such as terrorist attacks, fire, earthquake etc.