Araştırma Makalesi
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THE EFFECT OF THE EFFECTIVENESS OF THE INTERNAL CONTROL SYSTEM OF THE ENTERPRISES ON THE VALUE ADDED OF INDEPENDENT AUDIT

Yıl 2022, Cilt: 4 Sayı: 1, 72 - 87, 31.08.2022

Öz

The internal control system consists of variables that can directly or indirectly contribute to the success or failure of business activities. Auditors often evaluate the quality of the intended company's internal control system to determine and plan the scope and process of audit work. Therefore, it is important to evaluate the quality of internal control by the external auditor and to have a sufficient understanding of the entity and the internal control environment before the audit process.
The aim of this study is to determine the added value perceptions of the audits carried out by the auditors of the effectiveness of the internal control systems of the enterprises. In line with this purpose, the auditors who continue their activities actively in the province of Diyarbakır constitute the universe of the research. As a result of the research, it is thought that with the efficiency of the internal control systems of the companies, the trust and transparency in the independent audit activities will increase. In addition, they think that the existence of effective internal control systems will help economic growth in enterprises and also cause activities that encourage corporate governance.

Kaynakça

  • Agbejule, A., & Jokipii, A. (2009). Strategy, control activities, monitoring and effectiveness. Managerial Auditing Journal, 24(6), 500-522. http://dx.doi.org/10.1108/ 02686900910966503
  • Al-Sarayrah, S., Al-Salti, Z., & Kattoua, T. (2016). The effect of culture on strategic human resource management practices: A Theoretical perspective. International Journal of Business Management and Economic Research, 7(4), 704-716
  • Anh, T. C., Thi, L. H. T., Quang, H. P., & Thi, T. T. (2020). Factors influencing the effectiveness of internal control in cement manufacturing companies. Management Science Letters, 10(1), 133-142.
  • Chang, S., Yen, D., Chang, I., & Jan, D. (2014). Internal control framework for a compliant ERP system. Information and Management, 51, 187-205.
  • Cristina, S., Muresan, M., & Avram, C.B. (2010). Monitoring in credit institutions-comparative approach on internal control systems - The case of romania vs. ınternational models of control. Annals of Faculty of Economics, 1(1), 589-594.
  • Domnisoru, S.,& Vinatoru, S.S. (2008). Auditor independence, audit committee quality and internal control weaknesses. Annals of the University of Petrosani, Economics, 8(1), 161-166.
  • El-Masri, M., Orozco, J., Tarhini, A., & Tarhini, T. (2015). The impact of IS-Business alignment practices on organizational choice of IS-Business alignment strategies. The 19th Pacific Asia Conference on Information Systems (PACIS 2015), Paper 215, Singapore, 6-9 July 2015.
  • Gökoğlan, K. (2019). Bağımsız denetim kalitesi açısından denetimin katma değeri: Türkiye'deki bağımsız denetim kuruluşları üzerine bir araştırma, Nevşehir Hacı Bektaş Veli Üniversitesi, Sosyal Bilimler Enstitüsü, Yayınlanmamış Doktora Tezi, Nevşehir.
  • Krishnan, G. V., & Yu, W. (2012). Do small firms benefit from auditor attestation of internal control effectiveness?. Auditing: A Journal of Practice and Theory, 34(1), 115-137.
  • Länsiluoto, A., Jokipii, A., & Eklund, T., (2016). Internal control effectiveness- A clustering approach, Managerial Auditing Journal, 31(1), 5-34.
  • Leng, J., & Li, L. (2011). Analysis of the relationship between listed companies’ earnings quality and internal control information disclosure. Modern Economy, 2, 893-900. http://dx.doi.org/10.4236/me.2011.25100
  • Nguyen, T.Q., Tran, M.D. & Hoang, T.V. (2018). Impact of internal control on audit program effectiveness: The case of Vietnam, International Journal of Economics and Finance, 10(9), 1-8.
  • Palermo, T. (2011), Managing organizational culture for effective internal control. From practice to theory, European Accounting Review, (20)4, 771-774.
  • Phornlaphatrachakorn, K. & Na Kalasındhu, K. (2020), Internal control effectiveness and business survival: Evidence from thai food businesses, Journal of Asian Finance, Economics and Business, 7(12), 927–939
  • Saha, A., & Arifuzzaman, S. (2011). Management disclosures on internal control in annual reports-a study on banking sector: Bangladesh perspective. International Journal of Economics and Finance, 3(5), 216-222. http://dx.doi.org/10.5539/ijef.v3n5p216
  • Sawalqa, A. F., & Qtish, A. (2012). Internal control and audit program effectiveness: Empirical evidence from Jordan, International Business Research; 5(9); 128-137.
  • Shannak, R. O., Obeidat, B. Y., & Masadeh, R. M. (2012). Culture and the implementation process of strategic decisions in Jordan. Journal of Management Research, 4(4), 257-281. http://dx.doi.org/10.5296/jmr.v4i4.2160
  • Takahiro, S., & Jia, P. (2012). Comparison of internal control systems in Japan and China. International Journal of Business Administration, 3(1), 66-74. http://dx.doi.org/ 10.5430/ijba.v3n1p66
  • Wang, J. (2015). An empirical study of the effectiveness of internal control and influencing factors. Management and Engineering, 18, 8-13.
Yıl 2022, Cilt: 4 Sayı: 1, 72 - 87, 31.08.2022

Öz

Kaynakça

  • Agbejule, A., & Jokipii, A. (2009). Strategy, control activities, monitoring and effectiveness. Managerial Auditing Journal, 24(6), 500-522. http://dx.doi.org/10.1108/ 02686900910966503
  • Al-Sarayrah, S., Al-Salti, Z., & Kattoua, T. (2016). The effect of culture on strategic human resource management practices: A Theoretical perspective. International Journal of Business Management and Economic Research, 7(4), 704-716
  • Anh, T. C., Thi, L. H. T., Quang, H. P., & Thi, T. T. (2020). Factors influencing the effectiveness of internal control in cement manufacturing companies. Management Science Letters, 10(1), 133-142.
  • Chang, S., Yen, D., Chang, I., & Jan, D. (2014). Internal control framework for a compliant ERP system. Information and Management, 51, 187-205.
  • Cristina, S., Muresan, M., & Avram, C.B. (2010). Monitoring in credit institutions-comparative approach on internal control systems - The case of romania vs. ınternational models of control. Annals of Faculty of Economics, 1(1), 589-594.
  • Domnisoru, S.,& Vinatoru, S.S. (2008). Auditor independence, audit committee quality and internal control weaknesses. Annals of the University of Petrosani, Economics, 8(1), 161-166.
  • El-Masri, M., Orozco, J., Tarhini, A., & Tarhini, T. (2015). The impact of IS-Business alignment practices on organizational choice of IS-Business alignment strategies. The 19th Pacific Asia Conference on Information Systems (PACIS 2015), Paper 215, Singapore, 6-9 July 2015.
  • Gökoğlan, K. (2019). Bağımsız denetim kalitesi açısından denetimin katma değeri: Türkiye'deki bağımsız denetim kuruluşları üzerine bir araştırma, Nevşehir Hacı Bektaş Veli Üniversitesi, Sosyal Bilimler Enstitüsü, Yayınlanmamış Doktora Tezi, Nevşehir.
  • Krishnan, G. V., & Yu, W. (2012). Do small firms benefit from auditor attestation of internal control effectiveness?. Auditing: A Journal of Practice and Theory, 34(1), 115-137.
  • Länsiluoto, A., Jokipii, A., & Eklund, T., (2016). Internal control effectiveness- A clustering approach, Managerial Auditing Journal, 31(1), 5-34.
  • Leng, J., & Li, L. (2011). Analysis of the relationship between listed companies’ earnings quality and internal control information disclosure. Modern Economy, 2, 893-900. http://dx.doi.org/10.4236/me.2011.25100
  • Nguyen, T.Q., Tran, M.D. & Hoang, T.V. (2018). Impact of internal control on audit program effectiveness: The case of Vietnam, International Journal of Economics and Finance, 10(9), 1-8.
  • Palermo, T. (2011), Managing organizational culture for effective internal control. From practice to theory, European Accounting Review, (20)4, 771-774.
  • Phornlaphatrachakorn, K. & Na Kalasındhu, K. (2020), Internal control effectiveness and business survival: Evidence from thai food businesses, Journal of Asian Finance, Economics and Business, 7(12), 927–939
  • Saha, A., & Arifuzzaman, S. (2011). Management disclosures on internal control in annual reports-a study on banking sector: Bangladesh perspective. International Journal of Economics and Finance, 3(5), 216-222. http://dx.doi.org/10.5539/ijef.v3n5p216
  • Sawalqa, A. F., & Qtish, A. (2012). Internal control and audit program effectiveness: Empirical evidence from Jordan, International Business Research; 5(9); 128-137.
  • Shannak, R. O., Obeidat, B. Y., & Masadeh, R. M. (2012). Culture and the implementation process of strategic decisions in Jordan. Journal of Management Research, 4(4), 257-281. http://dx.doi.org/10.5296/jmr.v4i4.2160
  • Takahiro, S., & Jia, P. (2012). Comparison of internal control systems in Japan and China. International Journal of Business Administration, 3(1), 66-74. http://dx.doi.org/ 10.5430/ijba.v3n1p66
  • Wang, J. (2015). An empirical study of the effectiveness of internal control and influencing factors. Management and Engineering, 18, 8-13.
Toplam 19 adet kaynakça vardır.

Ayrıntılar

Birincil Dil İngilizce
Konular İşletme
Bölüm Araştırma Makaleleri
Yazarlar

Kadir Gökoğlan 0000-0001-6397-8477

Ahmet Sıtkı 0000-0002-2002-3205

Yayımlanma Tarihi 31 Ağustos 2022
Yayımlandığı Sayı Yıl 2022 Cilt: 4 Sayı: 1

Kaynak Göster

APA Gökoğlan, K., & Sıtkı, A. (2022). THE EFFECT OF THE EFFECTIVENESS OF THE INTERNAL CONTROL SYSTEM OF THE ENTERPRISES ON THE VALUE ADDED OF INDEPENDENT AUDIT. Economics Business and Organization Research, 4(1), 72-87.