Internal control is a management control built by managers to achieve organizational goals and ensure sustainability. COSO (Committee of Sponsoring Organizations), consisting of five independent organizations in the USA (United States of America), pioneered the internal control system to become a standard structure. COSO's internal control model covers five primary dimensions: control environment, risk assessment and management, control activities, information and communication, and monitoring. Through these five closely related dimensions, it serves to ensure organizational effectiveness by building an orderly system. It is a structure developed for organizations to manage the risks they encounter successfully and ensure the sustainability of organizational processes. In this way, organizations provide advantages such as reducing risks, increasing the reliability of financial statements, and becoming more compliant with the laws and regulations that must be complied with. It is essential to know about these standards and their implementation for organizations. Implementing these standards in the public sector is also noteworthy, and it has especially come to the fore in the activities of metropolitan municipalities. This research aims to determine the level of awareness of COSO internal control standards in metropolitan municipalities in Turkey. The general secretary, deputy general secretaries, and authorized persons in strategic planning and financial services (N = 149) working in 30 metropolitan municipalities in Turkey participated in the research. The sample group comprises officials selected by the purposive sampling method. Data were obtained by online survey. Frequency analysis, analysis of descriptive statistics, tests to examine differences, and correlation analysis was used in the data analysis. According to the findings, it has been determined that the efficiency of the COSO internal control standards in metropolitan municipalities is almost at the expected level. A strong correlation was obtained between the structures comprising the COSO internal control standards. The findings are discussed from a theoretical and practical point of view. Then, various suggestions are presented for decision-makers and future research.
Kurumlar belirli amaçlarla kurulmakta ve hedeflerini gerçekleştirecekleri faaliyetleri sürdürürken sürekli risk ve belirsizliklerle karşılaşmaktadırlar. Kurumların sürdürülebilir başarıyı yakalayabilmesinin ön koşullarından biri de iç kontrol sisteminin etkinliği ile bu sistemin iyi yönetilip etkinliğinin sürdürülmesi ile birlikte olmaktadır. Belediyelerde iç kontrol sistemi kurulması T.C. İçişleri Bakanlığı tarafından zorunluluk haline getirilmiş olsa da bunu tamamlayarak olgunlaştırmak oldukça zor bir süreçtir. Belediyelerin kendileri için önemli olan iyi alt yapıya sahip bir iç kontrol sisteminin kurulması, kurumda bulunan iç denetim sisteminin performansını arttıracak bu da kurumun denetlenmesini daha basit bir hale getirecektir. Belediye yöneticileri için de iç kontrol, kendi görüş açılarının gelişmesi ve değişmesi için önemli bir fırsat olmaktadır. Bu çalışmada iç kontrol sistemi ve iç kontrol modelleri ile ilgili kavramlar ve değerlendirmeler üzerinde durulmuştur. Belediye kavramı COSO iç kontrol yapısı ve unsurları tanıtılmış ve risklerin değerlendirilmesi kavramı, reel sektörden örnekler verilerek irdelenmiştir.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.
hi@scite.ai
10624 S. Eastern Ave., Ste. A-614
Henderson, NV 89052, USA
Copyright © 2024 scite LLC. All rights reserved.
Made with 💙 for researchers
Part of the Research Solutions Family.