Reorganization of internal audit of public banks in the process of Basel II: İller Bank illustration

İn the recent years, the increasing risks with globalization have caused financial crises very often by increasing sensitivity and fragility of the financial system.Complex financial instruments, rapid developments in information technology, the free movement of capital and inadequacies regulations were the real causes of complex of financial system in developed and devoloping countries.These negativities showed that crises had not possible to remain within the borders of the country and led to reorganization of the financial system and institutions in this system. İnternational efforts in this direction have significantly affected theTurkish Banking System and the most important element of the internal audit function of this system.This study, provided informations about the pocess of Reorganization of Internal Audit of Public Banks, focused on: in Chapter I; Basel II Criterias, in chapter II; The effects of Basel II criterias to the Turkısh Banking System, in chapter III; Concept of Audit, Internal Audit and Internal Control, and in chapter IV; explanations were made about internal control system and internal audit system in Turkish Banking, in capter V, the last part of thesis; descriptions were made about Reorganization of Internal Audit of İller Bank and particularly about the change in the Board of Inspectors.Key Words1.The Process of Basel II2.İnternal Audit3.İnternal Audit System4.Reorganization