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
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- EP ID EP265237
- DOI 10.21180/kuiibf.2017434556
- Views 150
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