Control function at a business level is realized by the establishment of an internal control process where the efficiency of the internal control system totally depends on the implementation of internal audit process itself A deficiency at a control function stage demolishes the internal discipline and especially retards the decision making process via the flow of information This altogether does not only hinder the flexibility in action taking but also hinders the existing trust in economic environment Under such circumstances to avoid unwanted developments business can take the following steps 1 Developing a strong internal control system 2 Improving the internal control process and 3 Organizing an external independent auditing Key Words: Internal Auditing Independent External Auditing Determinants of Cost of Independent External Audit
📌 3 Key Takeaways
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Objective & Hypothesis:Control function at a business level is realized by the establishment of an internal control process where the efficiency of the internal control system totally depends on the implementation of internal audit process itself A deficiency at a control function stage demolishes the internal discipline and especially retards the decision making process via the flow of information This altogether does not only hinder the flexibility in action taking but also hinders the existing trust in economic environment Under such circumstances to avoid unwanted developments business can take the following steps 1 Developing a strong internal control system 2 Improving the internal control process and 3 Organizing an external independent auditing Key Words: Internal Auditing Independent External Auditing Determinants of Cost of Independent External Audit
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Key Findings & Data:Control function at a business level is realized by the establishment of an internal control process where the efficiency of the internal control system totally depends on the implementation of internal audit process itself A deficiency at a control function stage demolishes the internal discipline and especially retards the decision making process via the flow of information This altogether does not only hinder the flexibility in action taking but also hinders the existing trust in economic environment Under such circumstances to avoid unwanted developments business can take the following steps 1 Developing a strong internal control system 2 Improving the internal control process and 3 Organizing an external independent auditing Key Words: Internal Auditing Independent External Auditing Determinants of Cost of Independent External Audit
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Conclusion & Impact:Control function at a business level is realized by the establishment of an internal control process where the efficiency of the internal control system totally depends on the implementation of internal audit process itself A deficiency at a control function stage demolishes the internal discipline and especially retards the decision making process via the flow of information This altogether does not only hinder the flexibility in action taking but also hinders the existing trust in economic environment Under such circumstances to avoid unwanted developments business can take the following steps 1 Developing a strong internal control system 2 Improving the internal control process and 3 Organizing an external independent auditing Key Words: Internal Auditing Independent External Auditing Determinants of Cost of Independent External Audit
🔬Design:Research Article
📍Scope:Comprehensive Sample
⚙️Variables:Anahtar Kelimeler İç Denetim · Bağımsız Dış Denetim · Bağımsız Dış Denetim Maliyetinin Unsurları
Abstract
Control function at a business level is realized by the establishment of an internal control process where the efficiency of the internal control system totally depends on the implementation of internal audit process itself A deficiency at a control function stage demolishes the internal discipline and especially retards the decision making process via the flow of information This altogether does not only hinder the flexibility in action taking but also hinders the existing trust in economic environment Under such circumstances to avoid unwanted developments business can take the following steps 1 Developing a strong internal control system 2 Improving the internal control process and 3 Organizing an external independent auditing Key Words: Internal Auditing Independent External Auditing Determinants of Cost of Independent External Audit
Özet
İşletme yönetimi kontrol fonksiyonunu iç kontrol sistemi kurarak ve iç kontrol sisteminin etkin bir şekilde işletilmesini de iç denetim fonksiyonu gerçekleştirerek yerine getirmektedir. Kontrol fonksiyonunda oluşan zayıflıklar iç disiplini bozmakta, özellikle, önemli bilgilerin akışında aksamalara neden olmak suretiyle karar mekanizmasının işleyişini zora sokmaktadır. Bu durum, işletmenin hareket yeteneğini azaltmakla kalmayıp, genel olarak dış çevrenin, özel olarak da piyasanın güvenini sarsmaktadır. İşletme hakkında böyle bir olumsuzluğun ortaya çıkmasını önlemek bakımından işletme yönetiminin alabileceği en iyi önlemler, (1) güçlü bir iç kontrol sistemi kurmak, (2) iç denetim fonksiyonu geliştirmek ve (3) bağımsız dış denetim yaptırmaktır
SAĞLAR, Y. D. D. J., TUAN, A. K. (2009). işletmelerde iç Denetim Fonksiyonunun Bağımsız Dış Denetim Maliyeti Üzerindeki Etkileri. Çukurova Üniversitesi Sosyal Bilimler Enstitüsü Dergisi, Cilt: 18 - Sayı: 1, 343–358. https://ajindex.com/articles/73876