Corporate governance and internal audit

Institutionalization; expresses the adaptation process of institutions with the environments (organizational environment/ organizational area) they are active in and a progression that arises within these institutions in time. At the end of institutionalization process which brings value and balance to them, institutions achieve the goal of surviving and gaining continuity. From the point of institutionalization expression, corporate governance is; the body of practices carried out to provide an enterprise to take firmer steps in the direction of its further goals and become longer-lived, and to provide protection of rights of all interest groups notably shareholders, enterprisers and workers.Audit topic is one of the most important issues within notion of corporate governance. Audit activities has quite an important role on accomplishing generally accepted principals of institutional management and on providing institutional esteem and confidence in favour of those concerned. According to description of Institute of International Internal Auditors (IIA); internal audit, which is an independent and objective confidence and consulting activity that pursues the goal of improving an institution?s activities and enriching them is, one of the fields affected most by notion of institution management. Along with accrual of internal audit activities as of risk-oriented; mistakes, cheats and corrupt practices likely to arise within the enterprise will be prevented and thus accountability and transparency principles of institution will be strengthened. At our work, it is touched on cruxeses of corporate governance notion and given information regarding to arrangements made in conjunction with this notion and how these arrangements affect internal audit activities.Key Words: 1- Corporate Governance 2- Internal Audit 3- Internal Control 4- Audit Committee