REPUBLIC OF TURKEY

MINISTRY of CUSTOMS and TRADE

Internal Auditing


 INTERNAL AUDITING
  Frequently Asked Questions

 

1. What is internal auditing?


Internal auditing is an independent, objective assurance and consulting activity designed to add value to and improve an organization's operations, and to provide guidance. It is performed to verify whether the public resources are managed on economical, effective and productive bases.  
 

2. What are the activities of the Internal Audit Unit?


The unit has two fundamental functions; auditing and counseling. The processes or projects included within our annual audit planning are decided either by the risk assessment process or by the instructions of the Undersecretary. The auditing activities are carried out in order to assess the designation and functionality of the internal controls.

The other function undertaken by the Unit is counseling. Any unit within the Ministry may receive counselling services with regard to the feasibility, costs and efficiency of a particular project.

3. What is the role of the Internal Audit Unit with regard to internal control system?

Aiming at the improvement of main processes at the Ministry, internal auditing activity is mainly directed at assessing internal control in order to ensure the following:
 

  • Effectiveness and efficiency of operations;
  • Reliability of financial and management reporting;
  • Compliance with laws and regulations; and
  • Safeguarding of Assets.
4. What kind of audit and counseling services are rendered by the Internal Audit Unit?
  • Financial Audits
  • Compliance Audits
  • Performance Audits
  • Information Technology Audits
  • Systemic Audits
  • Consulting and Advisory Services