The Role of internal auditing in practicing management fucntioning: Field research on Turkey's big companies

IIABSTRACTTHE ROLE OF INTERNAL AUDITING IN PRACTICING MANAGEMENTFUCNTIONING: FIELD RESEARCH ON TURKEY?S BIG COMPANIESMehmet Ünsal MEMİŞPh. D. Thesis, Business DepartmentSupervisor: Prof. Dr. A. Kadir TUANAralık, 2006, 240 pagesCompanies run their activities with the help of management functions. These functionsare basically classified as planning, organizing, leading, coordinating, and controlling.In our time, companies? business volumes have been increased, field of their activitieshas been extended and production systems have been complicated. Because of thesedevelopments, imposing of basic management functions and raising the efficiency ofthese functions are much more important for managers than they are in the past. Theimposing methods of management functions, any defects in these functions, correctivemeasures to make them work better are the issues that have to be consideredcarefully. In this context, regular, credible, beneficial, on time information is vitallyneeded. Flow of information is provided by ?internal auditing? process which isindependent and objective insurance and consultation activity aiming to improve theactivities of an institution, to attribute add value to them.In this thesis, business management, basic management functions, internal audit, therelations between internal audit and management basic functions have been evaluatedin the theoretical framework. From this point of view, for the applied section, a survey ofbig companies? internal auditors have been made to determine the role of internal auditin management functioning and to put forward the profile of the internal auditing inTurkey.At the end of the literature review and the application, it has been found that internalauditing is an essential phenomenon for the practicing management functions.Moreover, the survey has indicated the profile of internal audit in Turkey.Key Words: Internal Audit, Internal Control, Management Functions.