The Effect of Internal Audit on Business Performance in Industrial Enterprises and a Survey Study
Focusing on providing added value to the organization by examining and improving business operations, the primary goal of internal audit is to help achieve business objectives. Business performance is generally expressed as the level of success shown in reaching the goals. . In this direction, the m...
Saved in:
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Istanbul University Press
2023-03-01
|
| Series: | Muhasebe Enstitüsü Dergisi |
| Subjects: | |
| Online Access: | https://cdn.istanbul.edu.tr/file/JTA6CLJ8T5/D1350252983F4D9F8930A064F04D2084 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| _version_ | 1849313859073998848 |
|---|---|
| author | Yılmaz Uzun Sinan Aslan |
| author_facet | Yılmaz Uzun Sinan Aslan |
| author_sort | Yılmaz Uzun |
| collection | DOAJ |
| description | Focusing on providing added value to the organization by examining and improving business operations, the primary goal of internal audit is to help achieve business objectives. Business performance is generally expressed as the level of success shown in reaching the goals. . In this direction, the main purpose of the study is to determine the relationship between internal audit and business performance in industrial enterprises. In this context, it was examined whether the senior management’s support, the internal audit’s independence, the internal auditors’ professional competencies and the internal control system have an effect on the financial performance (return on assets, return on equity and net profit margin). In the study, the data obtained through applicaiton of a questionnaire on the manufacturing industrial enterprises in Borsa Istanbul were analyzed with Kruskal-Wallis H Test, a non-parametric method via SPSS (Version 26). As a result of the analysis; it has been determined that the return of asssets had a significant relationship with senior management support, professional competence and internal control system; and a non-significant relationship with the independence of internal audit. It has also been determined that the return on equity had a significant relationship with senior management support, professional competence and internal control system; and a non- significant relationship with the independence of internal audit. Also, a non-significant relationship was detected between net profit margin and senior management support, professional competence, internal control system and the independence of internal audit. |
| format | Article |
| id | doaj-art-00c4ff36a43e40c0919f735b89a88c36 |
| institution | Kabale University |
| issn | 2667-6982 |
| language | English |
| publishDate | 2023-03-01 |
| publisher | Istanbul University Press |
| record_format | Article |
| series | Muhasebe Enstitüsü Dergisi |
| spelling | doaj-art-00c4ff36a43e40c0919f735b89a88c362025-08-20T03:52:38ZengIstanbul University PressMuhasebe Enstitüsü Dergisi2667-69822023-03-016811410.26650/MED.1149150123456The Effect of Internal Audit on Business Performance in Industrial Enterprises and a Survey StudyYılmaz Uzun0https://orcid.org/0000-0002-4751-6288Sinan Aslan1https://orcid.org/0000-0002-4245-142XMilli Eğitim Bakanlığı, Ankara, TurkiyeMarmara Üniversitesi, İstanbul, TürkiyeFocusing on providing added value to the organization by examining and improving business operations, the primary goal of internal audit is to help achieve business objectives. Business performance is generally expressed as the level of success shown in reaching the goals. . In this direction, the main purpose of the study is to determine the relationship between internal audit and business performance in industrial enterprises. In this context, it was examined whether the senior management’s support, the internal audit’s independence, the internal auditors’ professional competencies and the internal control system have an effect on the financial performance (return on assets, return on equity and net profit margin). In the study, the data obtained through applicaiton of a questionnaire on the manufacturing industrial enterprises in Borsa Istanbul were analyzed with Kruskal-Wallis H Test, a non-parametric method via SPSS (Version 26). As a result of the analysis; it has been determined that the return of asssets had a significant relationship with senior management support, professional competence and internal control system; and a non-significant relationship with the independence of internal audit. It has also been determined that the return on equity had a significant relationship with senior management support, professional competence and internal control system; and a non- significant relationship with the independence of internal audit. Also, a non-significant relationship was detected between net profit margin and senior management support, professional competence, internal control system and the independence of internal audit.https://cdn.istanbul.edu.tr/file/JTA6CLJ8T5/D1350252983F4D9F8930A064F04D2084internal auditbusiness performanceperformance measurement |
| spellingShingle | Yılmaz Uzun Sinan Aslan The Effect of Internal Audit on Business Performance in Industrial Enterprises and a Survey Study Muhasebe Enstitüsü Dergisi internal audit business performance performance measurement |
| title | The Effect of Internal Audit on Business Performance in Industrial Enterprises and a Survey Study |
| title_full | The Effect of Internal Audit on Business Performance in Industrial Enterprises and a Survey Study |
| title_fullStr | The Effect of Internal Audit on Business Performance in Industrial Enterprises and a Survey Study |
| title_full_unstemmed | The Effect of Internal Audit on Business Performance in Industrial Enterprises and a Survey Study |
| title_short | The Effect of Internal Audit on Business Performance in Industrial Enterprises and a Survey Study |
| title_sort | effect of internal audit on business performance in industrial enterprises and a survey study |
| topic | internal audit business performance performance measurement |
| url | https://cdn.istanbul.edu.tr/file/JTA6CLJ8T5/D1350252983F4D9F8930A064F04D2084 |
| work_keys_str_mv | AT yılmazuzun theeffectofinternalauditonbusinessperformanceinindustrialenterprisesandasurveystudy AT sinanaslan theeffectofinternalauditonbusinessperformanceinindustrialenterprisesandasurveystudy AT yılmazuzun effectofinternalauditonbusinessperformanceinindustrialenterprisesandasurveystudy AT sinanaslan effectofinternalauditonbusinessperformanceinindustrialenterprisesandasurveystudy |