THE ANALYSIS OF EFFICIENCY OF MUNICIPALITIES’ INTERNAL CONTROL SYSTEMS IN TURKEY IN TERMS OF OUTCOMES OF EXTERNAL AUDIT
Journal Title: Kastamonu Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi - Year 2017, Vol 19, Issue 4
Abstract
The internal control system is a holistic management tool, which includes all financial and non-financial methods and processes conducted by the staff of the institution and provides the administration with reasonable assurance on the functioning of the institution and management of assets and resources in an effective, efficient and economical manner in line with the legislation as well as the production of regular, timely and reliable reports, by minimizing the risks that may hinder the realization of the targets determined in line with the objectives of the institution. An effectively functioning internal control system will be the most important assistant of the administration for the municipalities providing local services in many different areas by using significant amounts of public funds to be managed properly and reach their targets. In this study, the internal control system is addressed as a concept; the importance, purpose and elements of an internal control system as well as the internal control system of the municipalities are examined; and the efficiency of the internal control systems of the municipalities in Turkey is analysed on the basis of the findings of the external audit general evaluation report of the Turkish Court of Accounts. The aim of the study is to emphasize the importance of an effective internal control system for municipalities and to contribute to the elimination of the deficiencies detected in audits.
Authors and Affiliations
Süleyman AĞMAZ
Keywords
Related Articles
- EP ID EP265237
- DOI 10.21180/kuiibf.2017434556
- Views 139
- Downloads 0
DETERMINING THE CONTRIBUTION TO CONSUMPTION EXPENDITURES OF UNIVERSITY STUDENTS ON THE ECONOMY OF THE CITY: A STUDY ON THE STUDENTS OF KASTAMONU UNIVERSITY
Universities have various contributions to the cities they are located in. The most important contribution by universities for the city they are located in is their participation in the city’s economy. Universities achie...
Application of Independent Audit in Accordance with IFRS from New TTK Framework
Businesses with a globalizing world economy financial information has begun to be important both by the state and the investor in terms of both correctness and consistency. This has also increased the need for TFRS / IFR...
Administrative Attempts of Turkey against the Trafficking in Human Beings: A Chronological Evaluation
Turkey’s administrative steps against human trafficking, which was started after 1997 were seriously accelerated by Justice and Development Party Government after 2002. The main reasons of this acceleration are the Gover...
Internal Audit and Whistleblowing Relationship: In the Axis of Accounting Knowledge Quality
It is vital to create quality accounting knowledge in order to prevent accounting scandals and to maintain assets of businesses within the changing economic conditions of the global world. The importance of internal audi...
THE ANALYSIS OF EFFICIENCY OF MUNICIPALITIES’ INTERNAL CONTROL SYSTEMS IN TURKEY IN TERMS OF OUTCOMES OF EXTERNAL AUDIT
The internal control system is a holistic management tool, which includes all financial and non-financial methods and processes conducted by the staff of the institution and provides the administration with reasonable as...