WHAT CHANGED IN THE PROBLEMS AND SOLUTIONS OF ENTERPRISES IN THE PRE-COVID-19 / COVID-19 PERIOD? EVALUATION OF THE SURVEY RESULTS OF SWORN-IN CERTIFIED PUBLIC ACCOUNTANTS OF ISTANBUL

Year 2022, Volume: 9 Issue: 1, 38 - 48, 30.03.2022

Nazim Ekren Elcin Aykac Alp Mefule Findikci Erdogan Kubra Hatice Bıldık

https://doi.org/10.17261/Pressacademia.2022.1547

Abstract

Purpose- The purpose of this study is to identify what has changed on the enterprises’ problems and solution proposals pre and during the
COVID-19 period. In this context, the problem and solution proposals obtained from the "Chamber of Sworn-In Certified Public Accountant
of Istanbul Economy Expectation Index and Encountered Problems and Solution" survey were evaluated on basis of sectors.
Methodology- The survey used in the study has been applied quarterly since 2017 to 13 different sectors and more than 300 enterprises. In
April 2020, the survey was applied as a COVID-19 thematic survey. In this study, the results of the pandemic thematic survey and the results
applied in the 2019-2021 periods were compared using frequency breakdowns for 8 sectors.
Findings- According to the findings, it was stated that serious losses occurred due to the exchange rate risks due to the problems experienced
with the fluctuation of the exchange rate. In addition, the global economic recession has become one of the important problems of
enterprises that have problems in terms of equity capital. While the profitability ratios decreased due to the contraction in demand and
increase in costs, it was observed that enterprises with increasing credit costs had difficulties in accessing appropriate financing.
Conclusion- According to the study, it has been demonstrated that sectors appear new problems in the pandemic. Hence, sectors' problems
should be considered on a preferential basis by public authorities. It has been considered incentive that is applied by the public authority will
have a great influence on enterprises.

Keywords

Covid-19, sectoral problems, encountered problems and solution proposals

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