Historical development of ınternal audit practices in turkey

Abstract

- Due to the rapidly increasing technology in the globalizing world, businesses also have to adapt their working styles to changing dynamics. The “Internal Audit” departments, which have an important control and guidance function in the implementation of the established management policies of the companies, perform important functions in terms of the continuity of the companies in the face of unexpected changes. In the ongoing pandemic process, organizations with strong internal audit functions were observed to be more agile in changing their way of working and revising their operational plans. In this study, taking into consideration the dynamic business conditions of today, the history and development of 'Internal Audit' subject in Turkey, whose importance and effectiveness are increasing rapidly, are discussed. With the examination of legal and structural changes, it is aimed to detect time-dependent changes.