Risk Based Internal Audit

Journal Title: Muhasebe ve Finansman Dergisi - Year 2015, Vol 17, Issue 66

Abstract

Internal auditing is an independent and objective assurance and consulting activity designed to add value and improve an organization's operations. These activities have changed appropriately to changing conditions over time. Emergence and development of internal control and enterprise risk management within enterprises has been effective in gaining a different dimension in internal audit applications. As a difference from traditional internal audit; risk based internal audit focuses on business risks and target managing risk according to the objectives of the enterprise. In this context, the main missions of risk-based internal audit are monitoring internal control and corporate risk management activities and providing advisory services to senior management in respect of risk management. In this study, we tried to explain conceptual framework of risk based internal audit via literature review of publication of related organizations and general accepted applications. Also we aimed to describe relationship among risk based audit; internal control and enterprise risk management as well as how it operates in an enterprise.

Authors and Affiliations

Hasan TÜREDİ, Ümmügülsüm ZOR, Filiz GÜRBÜZ

Keywords

Related Articles

Bilirkişilik Müessesesinde Yaşanan Sorunlarla İlgili Muhasebe Meslek Mensupları Ve Hakimlerin Algısı Üzerine Bir Araştırma

Uzmanlık alanlarının geliştiği ve ayrıntılı bir hal aldığı günümüzde hakimin teknik ve özel konularda bilgi sahibi olma ihtimali azalmaktadır. Bu durumda hakimin özel ve teknik bilgi sahibi kişilerden yardım istemesi ger...

Şirketlerin Bağımsız Denetim Raporlarının Analizi: Borsa İstanbul’da Bir Araştırma

Bu çalışmada bağımsız denetimde uygulanan Sermaye Piyasası Kurulu (SPK) tarafından yayınlanan Denetim Standartları’ndan, Kamu Gözetimi, Muhasebe ve Denetim Standartları Kurumu (KGK) tarafından yayınlanan Türkiye Denetim...

Corporate Life Cycle Theory and Accounting Performance: Borsa Istanbul Case

This study examines the association between accounting performance measures and stock returns with the corporate life cycle theory. Corporate life cycle stages which are derived from the product life cycle are the result...

Determinants of Capital Structure: An Application on BIST Transportation Index

This study examines the determinants of capital structure decisions for the firms operating in the transportation industry in Turkey. Firms listed on Borsa Istanbul Stock Exchange Transportation Index have been analyzed...

Makroekonomik Faktörler ve Pay Senedi Getirisi: BIST Banka Endeksi Firmaları Üzerine Panel Veri Analizi

Çalışmada, makroekonomik faktörler olarak ifade edilen döviz kuru, faiz oranı, enflasyon oranı, altın fiyatı ve para arzı ile pay senedi getirisi arasındaki ilişkiyi ortaya çıkarmak amaçlanmıştır. Bu amaçla çalışmada, 20...

Download PDF file
  • EP ID EP94955
  • DOI -
  • Views 125
  • Downloads 0

How To Cite

Hasan TÜREDİ, Ümmügülsüm ZOR, Filiz GÜRBÜZ (2015). Risk Based Internal Audit. Muhasebe ve Finansman Dergisi, 17(66), 1-20. https://europub.co.uk/articles/-A-94955