Fraud audit in internal audit departments of companies and a case study

The conditions of competition in today's markets are intensified by the effects of globalization. Organizations, which try to ensure their sustainability and try to enjoy competitive edge in highly competitive markets, may sometimes encounter some unethical behaviors, and be subject to unethical processes. These unethical behaviors effect organizations into effect. These unethical behaviors effect organizations badly in long-term. For bringing into open of these unethical behaviors which results in fraudulent acts, internal auditing processes of organizations are important. Over the long term, fraud results with high costs and loss of reputation for organizations. Internal auditing processes are helpful for discovering fraud and the main subject of this thesis is the ways and means of finding out fraud by internal auditing processes. Within this context, a case study is performed in a real company, XYZ A.Ş. and the main aim of this case study is to investigate the internal auditing processes during the discovery of fraud and the reporting of it. The findings of this process is evaluated in the context of international internal auditing standards.