Evaluation of internal control system in municipal companies and an application

The existence of an internal control system, which is indispensable for the protection of a company's assets, is of vital importance for municipal companies that are among the municipal assets and use the resources allocated by the municipality. How effectively the assets of municipal companies, which are private law legal entities by nature but have public resources in their use of resources, are used depends on a well-functioning internal control system. In this study, which was conducted for the first time in the literature on the internal control system in municipal companies, the characteristics of these companies were first discussed in detail and then the concept of internal control and why internal control was needed in municipal companies were evaluated. Then, the COSO Internal Control System, which is the most widely used internal control system today, was explained and, again, as one of the first studies in the literature, the sustainability situation of municipal companies and what should be done were written down. In the last part, the internal control system development and workflow process analysis project was implemented for Şarkent Limited Company, which belongs to Tekirdağ Şarköy Municipality. It is expected that this thesis, which is the first systematic study on the internal control system of a municipal company, will make significant contributions to the literature.