Evaluation of internal auditing systemand internal control function at universities: A university sample

The concept of public administration underwent an alteration and was reconstructed due to the economical, sociological and political developments experienced in international area. In this context, a more effective, accountable and transparent understanding of administration became evident. Applications of internal control function andauditing system were put into practice also in public sector, nearby the private sector, paralel to the emergence of this new public administration concept. The public finance management and control law, no 5018 was introduced in order to catch up with the international standards in the direction of these developments in the World, and functioning and system of government agencies were regulated in a wide scale, resulting in numerous reforms. The aim of this study is to determine the stage of internal auditing system and internal control function which was introduced with the Law no. 5018 at the public universities, and to evaluate whether internal auditing system and internal control function is being applied effectively. Keywords: University, Internal Control System, Internal Auditing Function, Public Financial Management and Control Law No. 5018.