For the purpose to understand the internal audit in Turkey, first we will introduce the current conditions of economic.
From the year of 2012, the domestic demand of Turkey has slowed down and the slow extension continues until now. In the year of 2015, ① the rising risk of geopolitical with the around disturbance. ② the highlight of opacity of politics. ③ the 4% growth because of individuals’ consumption.
On 11th January 2016, government presented the revision of middle-term economic plan. The domestic need will increase beyond expectations and the foreign demand can be expected facing EU in 2016. Therefore, the forecast actual growth of GDP will be revised to 4.5% from 4.0%.
It should be focused that the investment and consumption of government departments are increasing and especially the investment of government is strongly increasing in 2016~2017. On other hand, although the extension of consumption and recovery of investment is expected for individuals, the investment of individuals in 2016 is revised down.
In addition, the contribution of export has expanded from -0.2% to 0.6% and the export to Europe is also expected. The current account with maximum risk of economic in Turkey has be influenced by the down deviation of import of energy so that the GDP forecast of 3.9% in 2016 will reduced to 3.5% in 2018.
Center Bank of Turkey has postponed the simplified financial policies because of the rising changes of financial market. However, the purpose of infrastructure in the plan is over positive with the pressure of reduction in interest from government, so that what Center Bank of Turkey can do is limited.
The remarkable thing of medium economic plan is the increasing expenditure of government. Expect for the interest payment, the expenditure is increasing by almost 30,000,000,000L every year. Though there is a background of increasing tax payment, government will consider increasing tax in the future.
Our services of internal audit in Turkey
We will support the reconstruction of internal audit process that connected to the improvement of system. Since auditors are using the same checklist to conduct internal audit, the internal audit has becoming stereotype and formalized. So we will provide the services to review the internal audit as follows.
・ Focus on improving scenes based on 5S
・ Focus on decreasing cost and waste of system
・ Focus on obeying compliance
・ Focus on managing conditions of customer and commission
・ Focus on response to the accident and emergency
We will provide the service of internal audit of second party.
The management of quality should not only be managed in your own company, but also can be maintained by many customers. And the benefits of internal audit of second party are as follows.
・ Information can be collected objectively
・ Conditions can be controlled from the viewpoint of management system.
・ It will be not necessary to prepare internal audits by companies.
・ The time of response to audit will be saved.