Auditing as an universal principle of administration and internal control analysis in our banking system

Under achieving corporate goals across in the World and in Turkey the effectiveness and efficiency of activities and processes in ensuring legal compliance, corporations as well as banking institutions in our control mechanisms are involved more with each passing day. Internal control units in the Turkish banking begin to contribute the processes with the establishment by Banking Regulation and Supervision Agency. Financial crises, often experienced in Turkey from 1990s, are both causes and results of political crises and done of the result of this process is the establishment of internal control units in Turkish banking and these units are used as a savior from financial and political crises since 2000s. In the first section of the research; primarily administration, audit, control, internal audit, internal control and Turkish administration, Turkish auditing and Turkish banking internal controls concepts are discussed. In the second part of the study; internal control practices in Turkish Banking, new standarts and conveyance of new improvements introduced and evaluation of the changes brought about by these regulations, problems experienced in their application and practices that are called for to be introduced, all have been adressed. In the third part of the study, lastly, conclusions and recommendations have been analysed with general assessment in the last part of the study. Keywords: Administration, Auditing, Internal control, Basel Committee, BDDK Regulations